CONTEXTVISION AB (CONTX.OL) Stock Technical Analysis
OSL:CONTX - Euronext Oslo - SE0014731154 - Common Stock - Currency: NOK
We assign a technical rating of 0 out of 10 to CONTX. CONTX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
87% of all other stocks performed better in the past year than CONTX.
CONTX is one of the lesser performing stocks in the Health Care Technology industry. 90% of 11 stocks in the same industry do better.
CONTX 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 CONTX is lagging the market.
Warning: CONTX has an average volume of 29827 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month CONTX has a been trading in the 4.42 - 6.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, CONTX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 4.95. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.73, a Stop Loss order could be placed below this zone.
More info and screens
4.67
6.48
When analyzing the support we notice one important area.
- A support zone ranging from 4.72 to 4.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 4.95 to 5.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.89 from a trend line in the weekly time frame.
- Resistance @6.20 from a horizontal line in the weekly time frame.
- Resistance @6.42 from a horizontal 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 CONTX.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CONTX.OL is down. |
| ChartMill Relative Strength | 13.71 | NEGATIVE | CONTX.OL has a low relative strength, it was outperformed by 86.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CONTX.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CONTX.OL is below 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) | 43.74 | NEUTRAL | The RSI value for CONTX.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CONTX.OL has a positive trend. |
| Stochastics (14,3) | 74.58 | NEUTRAL | The Stochastics value for CONTX.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.5 | MEDIUM VOLATILITY | The ATR as a percentage value for CONTX.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 26.74 | POSITIVE | The high ADX value value for CONTX.OL suggests a strong 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:CONTX (5/30/2025, 7:00:00 PM)
4.9
+0.09 (+1.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg1.87%
1 Week0.61%
2 Weeks2.92%
1 Month-16.97%
3 Month-20.06%
6 Month-4.26%
12 Month-18.75%
2 Year-42.96%
3 Year-48.49%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%4.5%
ATR Inc-7.76%
Range Today0.09
ADR(20)0.19
ADR(20)%3.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.71
Mansfield-1.45
10 Day High4.99
10 Day Low4.72
20 Day High6.1
20 Day Low4.42
52 Week High6.6
52 Week Low4.42
CS1 End4.73
CR1 Start4.95
Volume & EV
DER(3)0.03%
DER(5)0.32%
Volume4.36K
Volume Incr-60.33%
Vol(5)15.26K
Vol(50)29.83K