ARCHER (ARCH.OL) Stock Technical Analysis
OSL:ARCH - Euronext Oslo - BMG0451H2087 - Common Stock - Currency: NOK
Overall ARCH gets a technical rating of 4 out of 10. In the past year, ARCH was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
ARCH has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 24.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.59, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
20.25
We found 2 important support areas.
- A support zone ranging from 21.72 to 22.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.45 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 24.01 to 24.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for ARCH.OL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARCH.OL is up. |
| ChartMill Relative Strength | 15.02 | NEGATIVE | ARCH.OL has a low relative strength, it was outperformed by 84.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARCH.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARCH.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ARCH.OL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.05 | NEUTRAL | The RSI value for ARCH.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests ARCH.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.89 | OVERBOUGHT | The high Stochastics value suggests ARCH.OL may be overbought. |
| Average True Range in percent/ATR (20) | 4.48 | MEDIUM VOLATILITY | The ATR as a percentage value for ARCH.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 20.39 | NEUTRAL | The ADX value for ARCH.OL suggests a possible start of a new trend. |
OSL:ARCH (5/28/2025, 7:00:00 PM)
24
+0.6 (+2.56%)