ARRIBATEC GROUP ASA (ARR.OL) Stock Technical Analysis
OSL:ARR - Euronext Oslo - NO0012861667 - Common Stock - Currency: NOK
We assign a technical rating of 3 out of 10 to ARR. ARR'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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, ARR is a bad performer in the overall market: 97% of all stocks are doing better.
ARR is one of the lesser performing stocks in the IT Services industry. 84% of 71 stocks in the same industry do better.
ARR is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month ARR has a been trading in the 0.47 - 0.56 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of ARR is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.50
0.58
We can see 2 important resistance areas.
- Resistance @0.55 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.57 to 0.57. 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 | DOWN | NEGATIVE | The long term trend for ARR.OL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ARR.OL is neutral. |
| ChartMill Relative Strength | 3.89 | NEGATIVE | ARR.OL has a low relative strength, it was outperformed by 96.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARR.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ARR.OL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ARR.OL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.54 | NEUTRAL | The RSI value for ARR.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ARR.OL has a negative trend. |
| Stochastics (14,3) | 45.61 | NEUTRAL | The Stochastics value for ARR.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.41 | MEDIUM VOLATILITY | The ATR as a percentage value for ARR.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 20.63 | NEUTRAL | The ADX value for ARR.OL suggests a possible start of a new 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 (8/6/2025, 7:00:00 PM)
0.51
-0.04 (-7.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-7.27%
1 Week-7.27%
2 Weeks-7.27%
1 Month-6.25%
3 Month14.09%
6 Month129.73%
12 Month-87.25%
2 Year-89.7%
3 Year29.11%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%4.41%
ATR Inc460%
Range Today0.05
ADR(20)0.02
ADR(20)%4.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.89
Mansfield-4.49
10 Day High0.56
10 Day Low0.47
20 Day High0.56
20 Day Low0.47
52 Week High4.28
52 Week Low0.2
CS1 EndN/A
CR1 Start0.55
Volume & EV
DER(3)0.03%
DER(5)0.2%
Volume3
Volume Incr81.17%
Vol(5)714.46K
Vol(50)641.75K