DNO ASA (DNO.OL) Stock Technical Analysis
Europe - OSL:DNO - NO0003921009 - Common Stock
15.715 NOK
-0.3 (-1.9%)
We assign a technical rating of 10 out of 10 to DNO. Both in the recent history as in the last year, DNO has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, DNO did better than 89% of all other stocks.
DNO is part of the Oil, Gas & Consumable Fuels industry. There are 64 other stocks in this industry. DNO outperforms 92% of them.
DNO is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month DNO has a been trading in the 13.93 - 16.09 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
DNO has an average volume of 2164360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although DNO 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
10.58
15.87
3 important support areas can be observed.
- A support zone ranging from 13.84 to 14.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.31 from a trend line in the daily time frame.
- Support @10.69 from a trend 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 | UP | POSITIVE | The long term trend for DNO.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DNO.OL is up. |
| ChartMill Relative Strength | 89.53 | POSITIVE | DNO.OL has a high relative strength, it outperformed 89.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DNO.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DNO.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DNO.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.39 | NEUTRAL | The RSI value for DNO.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests DNO.OL has a positive trend. |
| Stochastics (14,3) | 96.91 | OVERBOUGHT | The high Stochastics value suggests DNO.OL may be overbought. |
| Average True Range in percent/ATR (20) | 2.68 | MEDIUM VOLATILITY | The ATR as a percentage value for DNO.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 22.08 | NEUTRAL | The ADX value for DNO.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:DNO (9/26/2025, 2:18:45 PM)
15.715
-0.3 (-1.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.9%
1 Week8.98%
2 Weeks12.18%
1 Month9.43%
3 Month27.65%
6 Month13.3%
12 Month41.15%
2 Year51.56%
3 Year29.72%
5 Year246.98%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%2.68%
ATR Inc-2.02%
Range Today0.66
ADR(20)0.41
ADR(20)%2.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.53
Mansfield1.66
10 Day High16.09
10 Day Low13.93
20 Day High16.09
20 Day Low13.93
52 Week High16.09
52 Week Low9.31
CS1 End14.18
CR1 StartN/A
Volume & EV
DER(3)-6.38%
DER(5)-2.6%
Volume786.50K
Volume Incr147.21%
Vol(5)4.80M
Vol(50)2.16M