ATEA ASA (ATEA.OL) Stock Technical Analysis
OSL:ATEA - Euronext Oslo - NO0004822503 - Common Stock - Currency: NOK
Overall ATEA gets a technical rating of 7 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.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
ATEA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ATEA is lagging the market slightly.
When comparing the performance of all stocks over the past year, ATEA turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
ATEA is an average performer in the IT Services industry, it outperforms 65% of 71 stocks in the same industry.
In the last month ATEA has a been trading in the 146.40 - 159.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although ATEA has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
123.35
160.80
When analyzing the support we can see 4 important areas.
- A support zone ranging from 145.59 to 148.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @136.40 from a horizontal line in the daily time frame.
- A support zone ranging from 128.43 to 129.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @124.60 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 154.54 to 159.21. 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 | UP | POSITIVE | The long term trend for ATEA.OL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ATEA.OL is neutral. |
| ChartMill Relative Strength | 65.18 | NEUTRAL | ATEA.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATEA.OL is above 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) | 53.92 | NEUTRAL | The RSI value for ATEA.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests ATEA.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.33 | NEUTRAL | The Stochastics value for ATEA.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for ATEA.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 36.41 | 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)
OSL:ATEA (7/2/2025, 4:19:30 PM)
153.2
-4 (-2.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-2.54%
1 Week-0.39%
2 Weeks1.46%
1 Month4.93%
3 Month21.59%
6 Month8.65%
12 Month1.46%
2 Year11.34%
3 Year30.05%
5 Year46.18%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.84
ATR(20)%1.87%
ATR Inc76.88%
Range Today7.2
ADR(20)2.8
ADR(20)%1.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.18
Mansfield0.17
10 Day High159.2
10 Day Low149.2
20 Day High159.2
20 Day Low146.4
52 Week High159.2
52 Week Low120.2
CS1 End146.77
CR1 Start157.01
Volume & EV
DER(3)-0.2%
DER(5)-0.45%
Volume50.96K
Volume Incr-6.92%
Vol(5)59.43K
Vol(50)54.07K