CAVENDISH HYDROGEN ASA (CAVEN.OL) Stock Technical Analysis
OSL:CAVEN - NO0013219535 - Common Stock
7.83 NOK
+0.23 (+3.03%)
We assign a technical rating of 0 out of 10 to CAVEN. CAVEN'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.
94% of all other stocks performed better in the past year than CAVEN.
CAVEN is part of the Electrical Equipment industry. There are 58 other stocks in this industry, of which 63% are performing better than CAVEN.
CAVEN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CAVEN has a been trading in the 7.31 - 9.05 range, which is quite wide. It is currently trading near the lows of this range.
CAVEN 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
7.51
9.09
When analyzing the support we notice one important area.
- Support @7.59 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 8.16 to 8.26. 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 8.79 to 9.00. 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 | DOWN | NEGATIVE | The long term trend for CAVEN.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CAVEN.OL is down. |
| ChartMill Relative Strength | 6.22 | NEGATIVE | CAVEN.OL has a low relative strength, it was outperformed by 93.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CAVEN.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CAVEN.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CAVEN.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.94 | NEUTRAL | The RSI value for CAVEN.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CAVEN.OL has a positive trend. |
| Stochastics (14,3) | 30.63 | NEUTRAL | The Stochastics value for CAVEN.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 8.28 | HIGH VOLATILITY | The high ATR as a percentage value for CAVEN.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 22.81 | NEUTRAL | The ADX value for CAVEN.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:CAVEN (9/5/2025, 7:00:00 PM)
7.83
+0.23 (+3.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg3.03%
1 Week-2.37%
2 Weeks-7.34%
1 Month-12.9%
3 Month-29.46%
6 Month74%
12 Month-26.13%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.7
ATR(20)%8.28%
ATR Inc-36.23%
Range Today0.3
ADR(20)0.63
ADR(20)%8.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.22
Mansfield-1.77
10 Day High8.91
10 Day Low7.31
20 Day High9.05
20 Day Low7.31
52 Week High19.64
52 Week Low4
CS1 End7.59
CR1 Start8.16
Volume & EV
DER(3)0.36%
DER(5)0.45%
Volume64.38K
Volume Incr-2.34%
Vol(5)50.23K
Vol(50)48.44K