Europe - OSL:CONTX - SE0014731154 - Common Stock
Taking everything into account, CONTX scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. CONTX was also a bad performer in the overall market in the last year.
CONTX has a poor technical rating and the quality of the setup is also only medium 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.
4.47
We found 1 important support area.
3 important resistance areas can be observed.
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 CONTX.OL is down. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CONTX.OL is up. |
ChartMill Relative Strength | 25.79 | NEGATIVE | CONTX.OL has a low relative strength, it was outperformed by 74.21% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CONTX.OL is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CONTX.OL is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CONTX.OL is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 60.8 | NEUTRAL | The RSI value for CONTX.OL is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CONTX.OL has a positive trend. |
Stochastics (14,3) | 89.7 | OVERBOUGHT | The high Stochastics value suggests CONTX.OL may be overbought. |
Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for CONTX.OL suggests some volalility. |
Average Directional Index/ADX (14) | 18.55 | NEGATIVE | The low ADX value for CONTX.OL suggests a weak or negative trend. |
OSL:CONTX (10/3/2025, 7:00:00 PM)
4.76
-0.08 (-1.65%)