ARCTICZYMES TECHNOLOGIES ASA (AZT.OL) Stock Technical Analysis
OSL:AZT - Euronext Oslo - NO0010014632 - Common Stock - Currency: NOK
Overall AZT gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. AZT was also a bad performer in the overall market in the last year.
85% of all other stocks performed better in the past year than AZT.
Warning: AZT has an average volume of 19154 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month AZT has a been trading in the 15.00 - 17.35 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
AZT is an average performer in the Biotechnology industry, it outperforms 54% of 65 stocks in the same industry.
AZT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AZT is lagging the market.
AZT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 16.52, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
14.85
17.42
We found 3 important support areas.
- A support zone ranging from 16.43 to 16.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.68 to 15.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 15.00 to 15.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @16.80 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 17.25 to 17.25. This zone is formed by a combination of multiple trend lines in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for AZT.OL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AZT.OL is up. |
| ChartMill Relative Strength | 15.42 | NEGATIVE | AZT.OL has a low relative strength, it was outperformed by 84.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AZT.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AZT.OL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AZT.OL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.92 | NEUTRAL | The RSI value for AZT.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests AZT.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.4 | NEUTRAL | The Stochastics value for AZT.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.22 | MEDIUM VOLATILITY | The ATR as a percentage value for AZT.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 7.68 | NEGATIVE | The low ADX value for AZT.OL suggests a weak or negative 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:AZT (7/1/2025, 7:00:00 PM)
16.65
-0.6 (-3.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.48%
1 Week2.79%
2 Weeks-0.9%
1 Month1.84%
3 Month6.55%
6 Month18.07%
12 Month-29.21%
2 Year-55.61%
3 Year-79.99%
5 Year-62.27%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.61
ATR(20)%4.22%
ATR Inc59.28%
Range Today0.55
ADR(20)0.65
ADR(20)%3.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.42
Mansfield-1
10 Day High17.25
10 Day Low16.05
20 Day High17.35
20 Day Low15
52 Week High26.95
52 Week Low12.34
CS1 End16.52
CR1 Start16.8
Volume & EV
DER(3)2.25%
DER(5)-0.17%
Volume1
Volume Incr-13.52%
Vol(5)11.71K
Vol(50)19.15K