ATLANTIC SAPPHIRE ASA (ASA.OL) Technical Analysis
OSL:ASA • NO0013464750
Taking everything into account, ASA scores 1 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 negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, ASA is a bad performer in the overall market: 84% of all stocks are doing better.
- ASA is one of the lesser performing stocks in the Food Products industry. 61% of 64 stocks in the same industry do better.
- ASA 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 ASA is lagging the market.
- In the last month ASA has a been trading in the 4.66 - 5.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ASA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 4.99, a Stop Loss order could be placed below this zone.
More info and screens
4.84
We found 1 important support area.
- A support zone ranging from 4.89 to 4.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- Resistance @5.63 from a horizontal line in the daily time frame.
- Resistance @5.75 from a trend line in the daily time frame.
- Resistance @6.16 from a trend line in the daily time frame.
- Resistance @7.40 from a horizontal line in the daily time frame.
- Resistance @7.56 from a trend line in the weekly 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 ASA.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ASA.OL is down. |
| ChartMill Relative Strength | 16.74 | NEGATIVE | ASA.OL has a low relative strength, it was outperformed by 83.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ASA.OL is below the rising 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) | 40.03 | NEUTRAL | The RSI value for ASA.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ASA.OL has a positive trend. |
| Stochastics (14,3) | 36.67 | NEUTRAL | The Stochastics value for ASA.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.52 | HIGH VOLATILITY | The high ATR as a percentage value for ASA.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 28.68 | POSITIVE | The high ADX value value for ASA.OL suggests a strong trend. |
ASA.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:ASA (3/12/2026, 2:36:36 PM)
5
-0.05 (-0.99%)
ATLANTIC SAPPHIRE ASA / ASA.OL FAQ
What is the technical rating for ASA stock?
ChartMill assigns a technical rating of 1 / 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 ASA stock?
ATLANTIC SAPPHIRE ASA (ASA.OL) has an RSI value of 40.0338. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ATLANTIC SAPPHIRE ASA?
The MACD indicator for ATLANTIC SAPPHIRE ASA (ASA.OL) has a value of 0.0529789, indicating a bearish trend.
What is the short term momentum for ASA stock?
The short term momentum for ATLANTIC SAPPHIRE ASA (ASA.OL) is negative.