ARRIBATEC GROUP ASA (ARR.OL) Stock Technical Analysis
OSL:ARR - Euronext Oslo - NO0012861667 - Common Stock - Currency: NOK
We assign a technical rating of 5 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: 61% of all stocks are doing better.
ARR is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ARR is lagging the market.
In the last month ARR has a been trading in the 0.37 - 0.59 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ARR is part of the IT Services industry. There are 76 other stocks in this industry, ARR did better than 50% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ARR has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.43
0.58
2 important support areas can be observed.
- Support @0.46 from a trend line in the daily time frame.
- A support zone ranging from 0.43 to 0.43. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for ARR.OL is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARR.OL is up. |
| ChartMill Relative Strength | 39.99 | NEUTRAL | ARR.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARR.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARR.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ARR.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 79.09 | OVERBOUGHT | The high RSI value suggests ARR.OL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ARR.OL has a positive trend. |
| Stochastics (14,3) | 76.08 | NEUTRAL | The Stochastics value for ARR.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.13 | HIGH VOLATILITY | The high ATR as a percentage value for ARR.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 33.56 | POSITIVE | The high ADX value value for ARR.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:ARR (5/30/2025, 7:00:00 PM)
0.57
+0.03 (+5.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg5.56%
1 Week28.67%
2 Weeks31.94%
1 Month46.15%
3 Month80.95%
6 Month-30.66%
12 Month-83.85%
2 Year-90.17%
3 Year8.37%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%5.13%
ATR Inc268.86%
Range Today0.03
ADR(20)0.02
ADR(20)%4.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.99
Mansfield-6.55
10 Day High0.59
10 Day Low0.42
20 Day High0.59
20 Day Low0.37
52 Week High4.51
52 Week Low0.2
CS1 End0.46
CR1 StartN/A
Volume & EV
DER(3)0.01%
DER(5)0.01%
Volume462.54K
Volume Incr202.77%
Vol(5)1.18M
Vol(50)739.66K