ELMERA GROUP ASA (ELMRA.OL) Stock Technical Analysis
Europe - OSL:ELMRA - NO0010815673 - Common Stock
Overall ELMRA gets a technical rating of 4 out of 10. In the past year, ELMRA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
ELMRA has an average technical rating and also the quality of the setup is only medium 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
30.19
3 important support areas can be observed.
- A support zone ranging from 32.61 to 33.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.15 to 31.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 30.49 to 30.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @33.75 from a horizontal line in the daily time frame.
- A resistance zone ranging from 34.70 to 34.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @35.45 from a horizontal line in the daily time frame.
- A resistance zone ranging from 36.16 to 36.50. 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 | NEUTRAL | NEUTRAL | The long term trend for ELMRA.OL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ELMRA.OL is up. |
| ChartMill Relative Strength | 20.15 | NEGATIVE | ELMRA.OL has a low relative strength, it was outperformed by 79.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ELMRA.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ELMRA.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ELMRA.OL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.75 | NEUTRAL | The RSI value for ELMRA.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests ELMRA.OL has a positive trend. |
| Stochastics (14,3) | 85.92 | OVERBOUGHT | The high Stochastics value suggests ELMRA.OL may be overbought. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for ELMRA.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 18.82 | NEGATIVE | The low ADX value for ELMRA.OL suggests a weak or negative trend. |
OSL:ELMRA (11/18/2025, 4:19:47 PM)
33.475
-0.32 (-0.96%)
ELMERA GROUP ASA / ELMRA.OL FAQ
What is the technical rating for ELMRA stock?
ChartMill assigns a technical rating of 4 / 10 to ELMRA.OL.
What is the current trend direction of ELMERA GROUP ASA (ELMRA.OL) stock?
The current trend direction for ELMERA GROUP ASA (ELMRA.OL) is Bearish.
What is the RSI signal for ELMERA GROUP ASA (ELMRA.OL) stock?
ELMERA GROUP ASA (ELMRA.OL) has an RSI value of 58.7549. This indicates that the stock is currently neutral.
What is the MACD signal for ELMERA GROUP ASA (ELMRA.OL) stock?
The MACD indicator for ELMERA GROUP ASA (ELMRA.OL) has a value of 0.238744, indicating a bearish trend.