CRAYON GROUP HOLDING AS (CRAYN.OL) Stock Technical Analysis
OSL:CRAYN - Euronext Oslo - NO0010808892 - Common Stock - Currency: NOK
Taking everything into account, CRAYN scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CRAYN is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, CRAYN did better than 84% of all other stocks.
CRAYN is one of the better performing stocks in the Software industry, it outperforms 73% of 101 stocks in the same industry.
CRAYN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CRAYN is performing more or less in line with the market.
In the last month CRAYN has a been trading in the 120.20 - 141.80 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, CRAYN also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 132.79, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CRAYN 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
103.85
139.78
We found 4 important support areas.
- A support zone ranging from 131.59 to 132.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @118.10 from a horizontal line in the daily time frame.
- Support @115.45 from a trend line in the weekly time frame.
- A support zone ranging from 104.90 to 105.10. 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 CRAYN.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CRAYN.OL is up. |
| ChartMill Relative Strength | 84.93 | POSITIVE | CRAYN.OL has a high relative strength, it outperformed 84.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CRAYN.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CRAYN.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CRAYN.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.95 | NEUTRAL | The RSI value for CRAYN.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests CRAYN.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.14 | OVERBOUGHT | The high Stochastics value suggests CRAYN.OL may be overbought. |
| Average True Range in percent/ATR (20) | 3.82 | MEDIUM VOLATILITY | The ATR as a percentage value for CRAYN.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 27.85 | POSITIVE | The high ADX value value for CRAYN.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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 141.81 | 131.58 | 10.23 (7.21%) | 13.86% |
| An entry @141.81. This is a Buy Stop order right above the 10 day high. | An exit @131.58. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 10.23 points, which is 7.21%. | When investing 13.86% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OSL:CRAYN (5/28/2025, 7:00:00 PM)
138.4
-3 (-2.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-2.12%
1 Week3.83%
2 Weeks2.29%
1 Month14.38%
3 Month19.31%
6 Month9.41%
12 Month22.91%
2 Year17.49%
3 Year-4.22%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.82
ATR(20)%3.82%
ATR Inc9.7%
Range Today3.6
ADR(20)5.09
ADR(20)%3.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.93
Mansfield1.29
10 Day High141.8
10 Day Low128.9
20 Day High141.8
20 Day Low120.2
52 Week High144.4
52 Week Low100.9
CS1 End132.79
CR1 StartN/A
Volume & EV
DER(3)4.55%
DER(5)-0.57%
Volume10.26K
Volume Incr-58.06%
Vol(5)70.73K
Vol(50)156.34K