CRAYON GROUP HOLDING AS (CRAYN.OL) Stock Technical Analysis
OSL:CRAYN - Euronext Oslo - NO0010808892 - Common Stock - Currency: NOK
We assign a technical rating of 8 out of 10 to CRAYN. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CRAYN is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
CRAYN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with 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.
When comparing the yearly performance of all stocks, we notice that CRAYN is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this relatively good performance is mostly due to a recent big move.
CRAYN is part of the Software industry. There are 103 other stocks in this industry, CRAYN did better than 68% of them.
Although CRAYN has an excellent technical rating, it does not present a decent entry opportunity 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
103.85
146.72
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.
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. |
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:CRAYN (7/2/2025, 7:00:00 PM)
144
-0.5 (-0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.35%
1 Week-0.14%
2 Weeks0.35%
1 Month4.27%
3 Month31.75%
6 Month11.8%
12 Month12.06%
2 Year33.58%
3 Year-6.8%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.94
ATR(20)%0.98%
ATR Inc35.66%
Range Today1.3
ADR(20)1.42
ADR(20)%0.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.18
Mansfield0.98
10 Day High145.9
10 Day Low143.1
20 Day High145.9
20 Day Low135.5
52 Week High145.9
52 Week Low100.9
CS1 End143.89
CR1 Start144.14
Volume & EV
DER(3)-0.87%
DER(5)-2.82%
Volume10.67K
Volume Incr-62.09%
Vol(5)42.26K
Vol(50)125.12K