CAVENDISH HYDROGEN ASA (CAVEN.OL) Technical Analysis
OSL:CAVEN • NO0013219535
Current stock price
CAVEN.OL Technical Rating and Analysis
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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- CAVEN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CAVEN is lagging the market.
- CAVEN is part of the Electrical Equipment industry. There are 68 other stocks in this industry. CAVEN outperforms 71% of them.
- When compared to the yearly performance of all other stocks, CAVEN outperforms 66% of them, which is more or less in line with the market.
- In the last month CAVEN has a been trading in the 6.31 - 7.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CAVEN.OL Weekly and Daily overview Charts
CAVEN.OL Setup Rating and Analysis
Although the technical rating is bad, CAVEN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
CAVEN.OL Support and Resistance Analysis
6.53
When analyzing the support we notice one important area.
- A support zone ranging from 6.60 to 6.60. 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 6.78 to 6.90. 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 7.03 to 7.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.20 from a trend line in the daily time frame.
CAVEN.OL Technical Indicator Signal Analysis
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 | 66.13 | 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) | 37.11 | 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. |
| Stochastics (14,3) | 45.08 | NEUTRAL | The Stochastics value for CAVEN.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.42 | HIGH VOLATILITY | The high ATR as a percentage value for CAVEN.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 20.35 | NEUTRAL | The ADX value for CAVEN.OL suggests a possible start of a new trend. |
CAVEN.OL Chart- and CandleStick Pattern Analysis
CAVEN.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:CAVEN (3/16/2026, 12:54:24 PM)
6.77
+0.16 (+2.42%)
CAVENDISH HYDROGEN ASA / CAVEN.OL TA 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 37.1142. 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 -0.0123338, 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 6.6 and a resistance level at 6.78. Check the full technical report for our detailed analysis of CAVEN.OL support and resistance levels.