ATEA ASA (ATEA.OL) Stock Technical Analysis
OSL:ATEA - Euronext Oslo - NO0004822503 - Common Stock - Currency: NOK
Overall ATEA gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ATEA is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
When compared to the yearly performance of all other stocks, ATEA outperforms 61% of them, which is more or less in line with the market.
ATEA is an average performer in the IT Services industry, it outperforms 64% of 76 stocks in the same industry.
ATEA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ATEA is lagging the market slightly.
In the last month ATEA has a been trading in the 142.00 - 154.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, ATEA also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
123.35
147.06
We found 2 important support areas.
- Support @136.40 from a horizontal line in the daily time frame.
- A support zone ranging from 124.60 to 129.00. 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 | UP | POSITIVE | The long term trend for ATEA.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ATEA.OL is up. |
| ChartMill Relative Strength | 61.37 | NEUTRAL | ATEA.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ATEA.OL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ATEA.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ATEA.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.25 | NEUTRAL | The RSI value for ATEA.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.95 | NEGATIVE | The MACD value suggests ATEA.OL has a negative trend. |
| Stochastics (14,3) | 9.37 | OVERSOLD | The low Stochastics value suggests ATEA.OL may be oversold. |
| Average True Range in percent/ATR (20) | 1.62 | LOW VOLATILITY | The low ATR as a percentage value for ATEA.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 33.1 | POSITIVE | The high ADX value value for ATEA.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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 149.01 | 145.59 | 3.42 (2.30%) | 25.00% |
| An entry @149.01. This is a Buy Stop order right above the 10 day moving average. | An exit @145.59. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.42 points, which is 2.30%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.57%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OSL:ATEA (5/30/2025, 7:00:00 PM)
145.6
-1.4 (-0.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-0.95%
1 Week-1.88%
2 Weeks-2.93%
1 Month2.68%
3 Month10.12%
6 Month7.36%
12 Month-0.14%
2 Year-1.09%
3 Year32.79%
5 Year41.83%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.27
ATR(20)%1.62%
ATR Inc-24.68%
Range Today2.4
ADR(20)2.22
ADR(20)%1.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.37
Mansfield0.06
10 Day High154.2
10 Day Low145.6
20 Day High154.2
20 Day Low142
52 Week High159.4
52 Week Low120.2
CS1 End136.4
CR1 StartN/A
Volume & EV
DER(3)-2.29%
DER(5)-2.82%
Volume137.41K
Volume Incr-18.89%
Vol(5)38.47K
Vol(50)50.04K