CRAYON GROUP HOLDING AS (CRAYN.OL) Technical Analysis
OSL:CRAYN • NO0010808892
Current stock price
CRAYN.OL Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to CRAYN. Although CRAYN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- CRAYN is one of the better performing stocks in the Software industry, it outperforms 89% of 110 stocks in the same industry.
- CRAYN is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CRAYN is leading the market.
- In the last month CRAYN has a been trading in the 135.50 - 145.90 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- Looking at the yearly performance, CRAYN did better than 79% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
CRAYN.OL Weekly and Daily overview Charts
CRAYN.OL Setup Rating and Analysis
Although CRAYN has an excellent technical rating, it does not offer a high 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
CRAYN.OL Support and Resistance Analysis
103.85
When analyzing the support we can see 4 important areas.
- A support zone ranging from 143.07 to 143.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 118.10 to 119.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @114.07 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.
We found 1 important resistance area.
- A resistance zone ranging from 144.14 to 145.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
CRAYN.OL Technical Indicator Signal Analysis
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 | 79.18 | POSITIVE | CRAYN.OL has a high relative strength, it outperformed 79.18% 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) | 64.26 | NEUTRAL | The RSI value for CRAYN.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.59 | NEGATIVE | The MACD value suggests CRAYN.OL has a negative trend. |
| Stochastics (14,3) | 47.84 | NEUTRAL | The Stochastics value for CRAYN.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 0.98 | LOW VOLATILITY | The low ATR as a percentage value for CRAYN.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 24.55 | NEUTRAL | The ADX value for CRAYN.OL suggests a possible start of a new trend. |
CRAYN.OL Chart- and CandleStick Pattern Analysis
CRAYN.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:CRAYN (7/2/2025, 7:00:00 PM)
144
-0.5 (-0.35%)
CRAYON GROUP HOLDING AS / CRAYN.OL TA FAQ
Can you provide the ChartMill technical rating for CRAYON GROUP HOLDING AS?
ChartMill assigns a technical rating of 8 / 10 to CRAYN.OL.
What is the current trend direction of CRAYON GROUP HOLDING AS (CRAYN.OL) stock?
The current trend direction for CRAYON GROUP HOLDING AS (CRAYN.OL) is Bullish.
Can you provide the RSI signal for CRAYON GROUP HOLDING AS?
CRAYON GROUP HOLDING AS (CRAYN.OL) has an RSI value of 64.257. This indicates that the stock is currently neutral.
What is the short term momentum for CRAYON GROUP HOLDING AS (CRAYN.OL) stock?
The short term momentum for CRAYON GROUP HOLDING AS (CRAYN.OL) is positive.
Can you provide the support and resistance levels for CRAYON GROUP HOLDING AS?
CRAYON GROUP HOLDING AS (CRAYN.OL) has a support level at 143.89 and a resistance level at 144.14. Check the full technical report for our detailed analysis of CRAYN.OL support and resistance levels.