CLOUDBERRY CLEAN ENERGY ASA (CLOUD.OL) Stock Technical Analysis
OSL:CLOUD - Euronext Oslo - NO0010876642 - Common Stock - Currency: NOK
Overall CLOUD gets a technical rating of 5 out of 10. In the last year, CLOUD was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
CLOUD is one of the better performing stocks in the Independent Power and Renewable Electricity Producers industry, it outperforms 78% of 20 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that CLOUD is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
CLOUD is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CLOUD is lagging the market slightly.
In the last month CLOUD has a been trading in a tight range between 11.90 and 12.60.
CLOUD has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 12.38. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.29, 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
10.46
12.66
When analyzing the support we can see 3 important areas.
- A support zone ranging from 11.85 to 12.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.98 from a trend line in the weekly time frame.
- Support @10.57 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 12.38 to 12.53. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for CLOUD.OL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CLOUD.OL is neutral. |
| ChartMill Relative Strength | 71.79 | POSITIVE | CLOUD.OL has a high relative strength, it outperformed 71.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CLOUD.OL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CLOUD.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CLOUD.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.82 | NEUTRAL | The RSI value for CLOUD.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CLOUD.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.57 | NEUTRAL | The Stochastics value for CLOUD.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.78 | MEDIUM VOLATILITY | The ATR as a percentage value for CLOUD.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 13.99 | NEGATIVE | The low ADX value for CLOUD.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:CLOUD (5/30/2025, 7:00:00 PM)
12.34
+0.34 (+2.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg2.83%
1 Week0.33%
2 Weeks1.31%
1 Month-0.8%
3 Month3.35%
6 Month9.59%
12 Month17.97%
2 Year1.15%
3 Year-29.4%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%2.78%
ATR Inc29.96%
Range Today0.36
ADR(20)0.32
ADR(20)%2.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.79
Mansfield0.07
10 Day High12.6
10 Day Low11.9
20 Day High12.6
20 Day Low11.9
52 Week High13.46
52 Week Low9.91
CS1 End12.29
CR1 Start12.38
Volume & EV
DER(3)-9.46%
DER(5)-3.07%
Volume102.65K
Volume Incr59.68%
Vol(5)68.34K
Vol(50)86.10K