ARGEO ASA (ARGEO.OL) Stock Technical Analysis
OSL:ARGEO - Euronext Oslo - NO0013257410 - Common Stock - Currency: NOK
Taking everything into account, ARGEO scores 0 out of 10 in our technical rating. 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.
When comparing the yearly performance of all stocks, ARGEO is a bad performer in the overall market: 100% of all stocks are doing better.
ARGEO is one of the lesser performing stocks in the Construction & Engineering industry. 85% of 41 stocks in the same industry do better.
In the last month ARGEO has a been trading in the 2.60 - 4.45 range, which is quite wide. It is currently trading near the lows of this range.
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
2.70
3.35
We found 1 important resistance area.
- A resistance zone ranging from 3.32 to 3.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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) | 28.89 | OVERSOLD | The low RSI value suggests ARGEO.OL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ARGEO.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.32 | OVERSOLD | The low Stochastics value suggests ARGEO.OL may be oversold. |
| Average True Range in percent/ATR (20) | 10.49 | HIGH VOLATILITY | The high ATR as a percentage value for ARGEO.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 32.24 | POSITIVE | The high ADX value value for ARGEO.OL suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
OSL:ARGEO (5/28/2025, 7:00:00 PM)
2.73
+0.03 (+1.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg1.11%
1 Week-2.5%
2 Weeks-28.72%
1 Month-26.22%
3 Month-55.39%
6 Month-72.09%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%10.49%
ATR Inc-61.24%
Range Today0.15
ADR(20)0.27
ADR(20)%10.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High3.6
10 Day Low2.6
20 Day High4.45
20 Day Low2.6
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start3.32
Volume & EV
DER(3)0%
DER(5)0%
Volume402.61K
Volume Incr-21.14%
Vol(5)567.90K
Vol(50)730.10K