CAVENDISH HYDROGEN ASA (CAVEN.OL) Stock Technical Analysis
Europe - OSL:CAVEN - NO0013219535 - Common Stock
Overall CAVEN gets a technical rating of 4 out of 10. In the past year, CAVEN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
CAVEN has an average technical rating and also the quality of the setup is only medium at the moment. Prices have been consolidating lately.
More info and screens
7.52
2 important support areas can be observed.
- Support @8.30 from a trend line in the daily time frame.
- Support @7.60 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 8.59 to 8.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.48 from a horizontal line in the daily time frame.
- Resistance @10.20 from a trend line in the weekly time frame.
- Resistance @10.54 from a trend line 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 CAVEN.OL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CAVEN.OL is neutral. |
| ChartMill Relative Strength | 16.2 | NEGATIVE | CAVEN.OL has a low relative strength, it was outperformed by 83.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CAVEN.OL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CAVEN.OL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CAVEN.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.18 | NEUTRAL | The RSI value for CAVEN.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests CAVEN.OL has a negative trend. |
| Stochastics (14,3) | 20.92 | NEUTRAL | The Stochastics value for CAVEN.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 10.38 | HIGH VOLATILITY | The high ATR as a percentage value for CAVEN.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 30.96 | POSITIVE | The high ADX value value for CAVEN.OL suggests a strong trend. |
OSL:CAVEN (11/4/2025, 3:28:10 PM)
8.41
-0.33 (-3.78%)
CAVENDISH HYDROGEN ASA / CAVEN.OL FAQ
Can you provide the ChartMill technical rating for CAVENDISH HYDROGEN ASA?
ChartMill assigns a technical rating of 4 / 10 to CAVEN.OL.
Can you provide the trend direction for CAVENDISH HYDROGEN ASA?
The current trend direction for CAVENDISH HYDROGEN ASA (CAVEN.OL) is Bearish.
Can you provide the RSI signal for CAVENDISH HYDROGEN ASA?
CAVENDISH HYDROGEN ASA (CAVEN.OL) has an RSI value of 46.1772. This indicates that the stock is currently neutral.
What is the MACD signal for CAVENDISH HYDROGEN ASA (CAVEN.OL) stock?
The MACD indicator for CAVENDISH HYDROGEN ASA (CAVEN.OL) has a value of -0.155309, indicating a bearish trend.