ARGEO ASA (ARGEO.OL) Stock Technical Analysis
OSL:ARGEO • NO0013257410
We assign a technical rating of 0 out of 10 to ARGEO. ARGEO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than ARGEO.
- ARGEO is one of the lesser performing stocks in the Construction & Engineering industry. 83% of 43 stocks in the same industry do better.
- In the last month ARGEO has a been trading in the 0.40 - 4.34 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- ARGEO has an average volume of 1613370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of ARGEO is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.44
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 | DOWN | NEGATIVE | The long term trend for ARGEO.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARGEO.OL is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | ARGEO.OL has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARGEO.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ARGEO.OL is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 28.61 | OVERSOLD | The low RSI value suggests ARGEO.OL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests ARGEO.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 1.46 | OVERSOLD | The low Stochastics value suggests ARGEO.OL may be oversold. |
| Average True Range in percent/ATR (20) | 89.85 | HIGH VOLATILITY | The high ATR as a percentage value for ARGEO.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 28.47 | POSITIVE | The high ADX value value for ARGEO.OL suggests a strong trend. |
OSL:ARGEO (7/23/2025, 7:00:00 PM)
0.448
-0.02 (-4.58%)
ARGEO ASA / ARGEO.OL FAQ
What is the ChartMill technical rating of ARGEO ASA (ARGEO.OL) stock?
ChartMill assigns a technical rating of 0 / 10 to ARGEO.OL.
What is the trend direction for ARGEO stock?
The current trend direction for ARGEO ASA (ARGEO.OL) is Bearish.
What is the RSI signal for ARGEO ASA (ARGEO.OL) stock?
ARGEO ASA (ARGEO.OL) has an RSI value of 28.6102. This indicates that the stock is currently oversold.
What is the MACD signal for ARGEO ASA (ARGEO.OL) stock?
The MACD indicator for ARGEO ASA (ARGEO.OL) has a value of -0.193081, indicating a bearish trend.
What is the short term momentum for ARGEO ASA (ARGEO.OL) stock?
The short term momentum for ARGEO ASA (ARGEO.OL) is negative.