CAVENDISH HYDROGEN ASA (CAVEN.OL) Stock Technical Analysis
OSL:CAVEN • NO0013219535
Taking everything into account, CAVEN scores 1 out of 10 in our technical rating. CAVEN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 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 6.67 - 7.79 range, which is quite wide. It is currently trading near the lows of this range.
- When compared to the yearly performance of all other stocks, CAVEN outperforms 54% of them, which is more or less in line with the market.
- CAVEN is an average performer in the Electrical Equipment industry, it outperforms 63% of 69 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
CAVEN has a poor technical rating and the quality of the setup is also not perfect 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
6.89
We found 1 important support area.
- A support zone ranging from 6.96 to 6.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 7.11 to 7.22. 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 7.69 to 7.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.49 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 | 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 | 54.64 | NEUTRAL | CAVEN.OL is not amongst the best or worst performers 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) | 38.61 | NEUTRAL | The RSI value for CAVEN.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CAVEN.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.25 | NEUTRAL | The Stochastics value for CAVEN.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.01 | MEDIUM VOLATILITY | The ATR as a percentage value for CAVEN.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 14.48 | NEGATIVE | The low ADX value for CAVEN.OL suggests a weak or negative trend. |
OSL:CAVEN (2/16/2026, 7:00:00 PM)
7
+0.03 (+0.43%)
CAVENDISH HYDROGEN ASA / CAVEN.OL FAQ
Can you provide the ChartMill technical rating for CAVENDISH HYDROGEN ASA?
ChartMill assigns a technical rating of 1 / 10 to CAVEN.OL.
What is the current trend direction of CAVENDISH HYDROGEN ASA (CAVEN.OL) stock?
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 38.6098. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CAVENDISH HYDROGEN ASA?
The MACD indicator for CAVENDISH HYDROGEN ASA (CAVEN.OL) has a value of -0.00793182, indicating a bearish trend.
Can you provide the support and resistance levels for CAVENDISH HYDROGEN ASA?
CAVENDISH HYDROGEN ASA (CAVEN.OL) has a support level at 6.96 and a resistance level at 7.11. Check the full technical report for our detailed analysis of CAVEN.OL support and resistance levels.