DNO ASA (DNO.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:DNO - NO0003921009 - Common Stock
We assign a technical rating of 8 out of 10 to DNO. In the last year, DNO was one of the better performers, but we do observe some doubts in the very recent evolution.
Besides having an excellent technical rating, DNO also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 14.86, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
10.81
We found 5 important support areas.
- A support zone ranging from 14.27 to 14.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.23 from a trend line in the weekly time frame.
- Support @12.97 from a trend line in the daily time frame.
- Support @12.49 from a horizontal line in the daily time frame.
- Support @10.92 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 16.01 to 16.07. 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 DNO.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DNO.OL is up. |
| ChartMill Relative Strength | 83.87 | POSITIVE | DNO.OL has a high relative strength, it outperformed 83.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DNO.OL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of DNO.OL is above a declining 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) | 58.59 | NEUTRAL | The RSI value for DNO.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests DNO.OL has a positive trend. |
| Stochastics (14,3) | 86.28 | OVERBOUGHT | The high Stochastics value suggests DNO.OL may be overbought. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for DNO.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 15.79 | NEGATIVE | The low ADX value for DNO.OL suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 15.31 | 14.18 | 1.13 (7.38%) | 13.55% |
| An entry @15.31. This is a Buy Stop order right above the 10 day high. | An exit @14.18. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.13 points, which is 7.38%. | When investing 13.55% 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:DNO (12/10/2025, 4:19:48 PM)
15.02
-0.18 (-1.18%)
DNO ASA / DNO.OL FAQ
Can you provide the ChartMill technical rating for DNO ASA?
ChartMill assigns a technical rating of 8 / 10 to DNO.OL.
What is the current trend direction of DNO ASA (DNO.OL) stock?
The current trend direction for DNO ASA (DNO.OL) is Bullish.
Can you provide the RSI signal for DNO ASA?
DNO ASA (DNO.OL) has an RSI value of 58.5907. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DNO ASA?
The short term momentum for DNO ASA (DNO.OL) is positive.
What is the buy/sell signal for DNO stock?
The buy/sell signal for DNO ASA (DNO.OL) is buy as both the short term and long term trends are positive.