CONTEXTVISION AB (CONTX.OL) Stock Technical Analysis
OSL:CONTX - Euronext Oslo - SE0014731154 - Common Stock - Currency: NOK
Overall CONTX gets a technical rating of 0 out of 10. CONTX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CONTX is a bad performer in the overall market: 92% of all stocks are doing better.
CONTX is part of the Health Care Technology industry. There are 11 other stocks in this industry, of which 100% are performing better than CONTX.
CONTX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Warning: CONTX has an average volume of 22015 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 4.40 - 4.94 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. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for CONTX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
4.40
6.48
When analyzing the support we notice one important area.
- Support @4.44 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 4.92 to 5.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.57 from a trend line in the weekly time frame.
- Resistance @5.88 from a trend line in the weekly time frame.
- Resistance @6.05 from a trend line in the daily 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 | 8.26 | NEGATIVE | CONTX.OL has a low relative strength, it was outperformed by 91.74% 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) | 45.59 | NEUTRAL | The RSI value for CONTX.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CONTX.OL has a positive trend. |
| Stochastics (14,3) | 39.44 | NEUTRAL | The Stochastics value for CONTX.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.85 | MEDIUM VOLATILITY | The ATR as a percentage value for CONTX.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 36.47 | 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 (7/18/2025, 7:00:00 PM)
4.62
+0.05 (+1.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg1.09%
1 Week0.87%
2 Weeks-1.07%
1 Month-3.35%
3 Month-15.8%
6 Month-14.13%
12 Month-23.51%
2 Year-45.65%
3 Year-44.2%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%2.85%
ATR Inc-25.24%
Range Today0.07
ADR(20)0.12
ADR(20)%2.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.26
Mansfield-2.15
10 Day High4.68
10 Day Low4.4
20 Day High4.94
20 Day Low4.4
52 Week High6.6
52 Week Low4.4
CS1 End4.44
CR1 Start4.92
Volume & EV
DER(3)4282.41%
DER(5)1328.23%
Volume13.96K
Volume Incr-68.37%
Vol(5)5.18K
Vol(50)22.02K