CONTEXTVISION AB (CONTX.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:CONTX - SE0014731154 - Common Stock
Taking everything into account, CONTX scores 0 out of 10 in our technical rating. 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.
- 93% of all other stocks performed better in the past year than CONTX.
- CONTX is part of the Health Care Technology industry. There are 10 other stocks in this industry, of which 77% are performing better than CONTX.
- CONTX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month CONTX has a been trading in the 3.67 - 4.48 range, which is quite wide. It is currently trading near the lows of this range.
The technical rating of CONTX is bad and it also does not present a quality setup 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.
More info and screens
3.70
When analyzing the support we notice one important area.
- Support @3.74 from a trend line in the daily time frame.
We can see 6 important resistance areas.
- A resistance zone ranging from 4.20 to 4.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 4.29 to 4.35. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @4.45 from a horizontal line in the daily time frame.
- Resistance @4.72 from a trend line in the daily time frame.
- Resistance @4.81 from a horizontal line in the weekly time frame.
- Resistance @6.20 from a horizontal line in the weekly 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 | 7.64 | NEGATIVE | CONTX.OL has a low relative strength, it was outperformed by 92.36% 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) | 43.5 | NEUTRAL | The RSI value for CONTX.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests CONTX.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.15 | OVERSOLD | The low Stochastics value suggests CONTX.OL may be oversold. |
| Average True Range in percent/ATR (20) | 4.53 | MEDIUM VOLATILITY | The ATR as a percentage value for CONTX.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 17.14 | NEGATIVE | The low ADX value for CONTX.OL suggests a weak or negative trend. |
OSL:CONTX (1/16/2026, 7:00:00 PM)
3.79
+0.06 (+1.61%)
CONTEXTVISION AB / CONTX.OL FAQ
What is the ChartMill technical rating of CONTEXTVISION AB (CONTX.OL) stock?
ChartMill assigns a technical rating of 0 / 10 to CONTX.OL.
What is the trend direction for CONTX stock?
The current trend direction for CONTEXTVISION AB (CONTX.OL) is Bearish.
What is the RSI signal for CONTX stock?
CONTEXTVISION AB (CONTX.OL) has an RSI value of 43.4998. This indicates that the stock is currently neutral.
What is the MACD signal for CONTEXTVISION AB (CONTX.OL) stock?
The MACD indicator for CONTEXTVISION AB (CONTX.OL) has a value of -0.0417662, indicating a bearish trend.
What is the short term momentum for CONTEXTVISION AB (CONTX.OL) stock?
The short term momentum for CONTEXTVISION AB (CONTX.OL) is negative.