ENTRA ASA (ENTRA.OL) Stock Technical Analysis
OSL:ENTRA - Euronext Oslo - NO0010716418 - Common Stock - Currency: NOK
Overall ENTRA gets a technical rating of 5 out of 10. ENTRA has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
ENTRA has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 123.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 121.90, a Stop Loss order could be placed below this zone.
More info and screens
107.51
2 important support areas can be observed.
- Support @115.67 from a trend line in the weekly time frame.
- A support zone ranging from 108.60 to 110.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 121.07 to 125.80. This zone is formed by a combination of multiple trend lines and important moving averages 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 ENTRA.OL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ENTRA.OL is neutral. |
| ChartMill Relative Strength | 71.88 | POSITIVE | ENTRA.OL has a high relative strength, it outperformed 71.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ENTRA.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENTRA.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ENTRA.OL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.33 | NEUTRAL | The RSI value for ENTRA.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests ENTRA.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 62.96 | NEUTRAL | The Stochastics value for ENTRA.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for ENTRA.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 11.65 | NEGATIVE | The low ADX value for ENTRA.OL suggests a weak or negative trend. |
OSL:ENTRA (6/19/2025, 9:09:20 AM)
120.8
-1.2 (-0.98%)