ELMERA GROUP ASA (ELMRA.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:ELMRA - NO0010815673 - Common Stock
Overall ELMRA gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ELMRA is only an average performer.
Although ELMRA has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
30.20
We found 5 important support areas.
- A support zone ranging from 36.60 to 36.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 33.30 to 33.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @32.05 from a horizontal line in the daily time frame.
- A support zone ranging from 31.15 to 31.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @30.50 from a horizontal 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 ELMRA.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ELMRA.OL is up. |
| ChartMill Relative Strength | 45.7 | NEUTRAL | ELMRA.OL is not amongst the best or worst performers 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 | POSITIVE | The current price of ELMRA.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.59 | OVERBOUGHT | The high RSI value suggests ELMRA.OL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests ELMRA.OL has a positive trend. |
| Stochastics (14,3) | 96.24 | OVERBOUGHT | The high Stochastics value suggests ELMRA.OL may be overbought. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for ELMRA.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 35.95 | POSITIVE | The high ADX value value for ELMRA.OL suggests a strong trend. |
OSL:ELMRA (12/12/2025, 7:00:00 PM)
37.9
+0.55 (+1.47%)
ELMERA GROUP ASA / ELMRA.OL FAQ
What is the technical rating for ELMRA stock?
ChartMill assigns a technical rating of 8 / 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 Bullish.
What is the RSI signal for ELMERA GROUP ASA (ELMRA.OL) stock?
ELMERA GROUP ASA (ELMRA.OL) has an RSI value of 75.5933. This indicates that the stock is currently overbought.
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 0.178825, indicating a bearish trend.
What is the buy/sell signal for ELMRA stock?
The buy/sell signal for ELMERA GROUP ASA (ELMRA.OL) is buy as both the short term and long term trends are positive.