ARRIBATEC GROUP ASA (ARR.OL) Stock Technical Analysis
OSL:ARR - Euronext Oslo - NO0012861667 - Common Stock - Currency: NOK
We assign a technical rating of 4 out of 10 to ARR. Recently some decent action could be observed, but in the medium term time frame this is still negative. ARR was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, ARR is a bad performer in the overall market: 87% of all stocks are doing better.
ARR is part of the IT Services industry. There are 70 other stocks in this industry, of which 69% are performing better than ARR.
ARR is currently trading near the lower end of its 52 week range, which is not a good sign. ARR is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month ARR has a been trading in the 0.32 - 0.41 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Considerably lower volume is observed in the last couple of days.
ARR 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 very little resistance above the current price. 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
0.33
0.39
3 important support areas can be observed.
- A support zone ranging from 0.38 to 0.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.36 to 0.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.33 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.39 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.65
Mansfield-7.85
10 Day High0.4
10 Day Low0.36
20 Day High0.41
20 Day Low0.32
52 Week High4.51
52 Week Low0.2
Performance
1 Week2.09%
2 Weeks7.73%
1 Month2.63%
3 Month42.34%
6 Month-67.36%
12 Month-88.79%
2 Year-88.79%
3 Year-26.83%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)57.97
LBB0.36
UBB0.39
OSL:ARR (4/30/2025, 7:00:00 PM)
0.39
+0.02 (+4.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg4.56%
1 Week2.09%
2 Weeks7.73%
1 Month2.63%
3 Month42.34%
6 Month-67.36%
12 Month-88.79%
2 Year-88.79%
3 Year-26.83%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%8.36%
ATR Inc-33.81%
Range Today0.02
ADR(20)0.03
ADR(20)%7.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.65
Mansfield-7.85
10 Day High0.4
10 Day Low0.36
20 Day High0.41
20 Day Low0.32
52 Week High4.51
52 Week Low0.2
CS1 End0.38
CR1 Start0.39
Volume & EV
DER(3)0%
DER(5)0%
Volume263.52K
Volume Incr-43.43%
Vol(5)373.73K
Vol(50)888.47K