OSL:ELO - Euronext Oslo - NO0011002586 - Common Stock - Currency: NOK
We assign a technical rating of 10 out of 10 to ELO. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ELO is showing a nice and steady performance.
Although ELO 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.
37.03
When analyzing the support we can see 7 important areas.
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 ELO.OL is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ELO.OL is up. |
ChartMill Relative Strength | 82.64 | POSITIVE | ELO.OL has a high relative strength, it outperformed 82.64% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ELO.OL is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ELO.OL is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ELO.OL is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 67.33 | NEUTRAL | The RSI value for ELO.OL is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests ELO.OL has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 75 | NEUTRAL | The Stochastics value for ELO.OL is a neutral value. |
Average True Range in percent/ATR (20) | 2.17 | MEDIUM VOLATILITY | The ATR as a percentage value for ELO.OL suggests some volalility. |
Average Directional Index/ADX (14) | 18.78 | NEGATIVE | The low ADX value for ELO.OL suggests a weak or negative trend. |
OSL:ELO (7/29/2025, 4:18:07 PM)
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-0.1 (-0.2%)