ATLANTIC SAPPHIRE ASA (ASA.OL) Technical Analysis
OSL:ASA • NO0013464750
Current stock price
ASA.OL Technical Rating and Analysis
Taking everything into account, ASA scores 0 out of 10 in our technical rating. ASA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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, ASA is a bad performer in the overall market: 99% of all stocks are doing better.
- ASA is part of the Food Products industry. There are 62 other stocks in this industry, of which 83% are performing better than ASA.
- ASA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- In the last month ASA has a been trading in the 0.80 - 5.03 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ASA.OL Weekly and Daily overview Charts
ASA.OL Setup Rating and Analysis
The technical rating of ASA is bad and it also does not present a 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
ASA.OL Support and Resistance Analysis
3.50
4 important resistance areas can be observed.
- Resistance @4.73 from a trend line in the daily time frame.
- Resistance @5.54 from a trend line in the daily time frame.
- Resistance @6.90 from a trend line in the weekly time frame.
- Resistance @7.40 from a horizontal line in the daily time frame.
ASA.OL Technical Indicator Signal Analysis
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 ASA.OL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ASA.OL is neutral. |
| ChartMill Relative Strength | 1.83 | NEGATIVE | ASA.OL has a low relative strength, it was outperformed by 98.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ASA.OL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ASA.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ASA.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.51 | NEUTRAL | The RSI value for ASA.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests ASA.OL has a positive trend. |
| Stochastics (14,3) | 67.62 | NEUTRAL | The Stochastics value for ASA.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 19.26 | HIGH VOLATILITY | The high ATR as a percentage value for ASA.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 43.49 | POSITIVE | The high ADX value value for ASA.OL suggests a strong trend. |
ASA.OL Chart- and CandleStick Pattern Analysis
ASA.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:ASA (4/21/2026, 7:00:00 PM)
3.54
+0.69 (+24.43%)
ATLANTIC SAPPHIRE ASA / ASA.OL TA FAQ
What is the technical rating for ASA stock?
ChartMill assigns a technical rating of 0 / 10 to ASA.OL.
What is the current trend direction of ATLANTIC SAPPHIRE ASA (ASA.OL) stock?
The current trend direction for ATLANTIC SAPPHIRE ASA (ASA.OL) is Bearish.
What is the RSI signal for ATLANTIC SAPPHIRE ASA (ASA.OL) stock?
ATLANTIC SAPPHIRE ASA (ASA.OL) has an RSI value of 56.5051. This indicates that the stock is currently neutral.
What is the short term momentum for ASA stock?
The short term momentum for ATLANTIC SAPPHIRE ASA (ASA.OL) is neutral.
What are the support and resistance levels for ATLANTIC SAPPHIRE ASA (ASA.OL) stock?
ATLANTIC SAPPHIRE ASA (ASA.OL) has a resistance level at 4.73. Check the full technical report for our detailed analysis of ASA.OL support and resistance levels.