ATEA ASA (ATEA.OL) Stock Technical Analysis
OSL:ATEA - Euronext Oslo - NO0004822503 - Common Stock - Currency: NOK
Overall ATEA gets a technical rating of 0 out of 10. ATEA'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 negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ATEA is a bad performer in the overall market: 70% of all stocks are doing better.
ATEA is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
ATEA is an average performer in the IT Services industry, it outperforms 55% of 70 stocks in the same industry.
ATEA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ATEA is lagging the market.
ATEA has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
123.35
160.80
We found 3 important support areas.
- Support @140.69 from a trend line in the daily time frame.
- A support zone ranging from 129.00 to 129.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 124.60 to 125.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 141.64 to 144.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 148.82 to 151.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 157.01 to 159.21. 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 ATEA.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ATEA.OL is down. |
| ChartMill Relative Strength | 30.52 | NEUTRAL | ATEA.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ATEA.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ATEA.OL is below a declining 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) | 41.75 | NEUTRAL | The RSI value for ATEA.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests ATEA.OL has a positive trend. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for ATEA.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2 | LOW VOLATILITY | The low ATR as a percentage value for ATEA.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 22.78 | NEUTRAL | The ADX value for ATEA.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:ATEA (8/12/2025, 4:19:52 PM)
141
-1 (-0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-0.7%
1 Week1.43%
2 Weeks0.28%
1 Month-8.27%
3 Month-5.96%
6 Month7.74%
12 Month0.42%
2 Year7.58%
3 Year29.33%
5 Year38.94%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.18
ATR(20)%2%
ATR Inc-32.61%
Range Today1.8
ADR(20)2.42
ADR(20)%1.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.52
Mansfield-0.67
10 Day High144.4
10 Day Low139.4
20 Day High157
20 Day Low139.4
52 Week High159.2
52 Week Low120.2
CS1 End140.69
CR1 Start141.64
Volume & EV
DER(3)-0.89%
DER(5)0.21%
Volume38.71K
Volume Incr-23.51%
Vol(5)74.80K
Vol(50)77.01K