Logo image of GJF.OL

GJENSIDIGE FORSIKRING ASA (GJF.OL) Stock Technical Analysis

OSL:GJF - Euronext Oslo - NO0010582521 - Common Stock - Currency: NOK

258.6  -3.4 (-1.3%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to GJF. Both in the recent history as in the last year, GJF has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, GJF did better than 88% of all other stocks. We also observe that the gains produced by GJF over the past year are nicely spread over this period.
GJF is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so GJF is leading the market.
In the last month GJF has a been trading in the 236.00 - 264.40 range, which is quite wide. It is currently trading near the high of this range.
GJF is an average performer in the Insurance industry, it outperforms 58% of 37 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
GJENSIDIGE FORSIKRING ASA / GJF Weekly stock chart
GJENSIDIGE FORSIKRING ASA / GJF Daily stock chart
Setup Rating and Analysis

6

Although GJF has an excellent technical rating, the quality of the presented setup is not ideal 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.

Support and Resistance Analysis

168.02

266.45

5 important support areas can be observed.

  • A support zone ranging from 255.44 to 258.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @234.94 from a trend line in the daily time frame.
  • Support @229.40 from a horizontal line in the daily time frame.
  • A support zone ranging from 224.59 to 224.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @169.72 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 260.76 to 263.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for GJF.OL is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for GJF.OL is up.
ChartMill Relative Strength88.26POSITIVEGJF.OL has a high relative strength, it outperformed 88.26% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of GJF.OL is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of GJF.OL is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of GJF.OL is above the rising SMA(200).
Relative Strength Index/RSI (14)57.88NEUTRALThe RSI value for GJF.OL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests GJF.OL has a negative trend.
Stochastics (14,3)84.88OVERBOUGHTThe high Stochastics value suggests GJF.OL may be overbought.
Average True Range in percent/ATR (20)1.64LOW VOLATILITYThe low ATR as a percentage value for GJF.OL suggests low volalility.
Average Directional Index/ADX (14)18.69NEGATIVEThe low ADX value for GJF.OL suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
263.82255.438.39 (3.18%)25.00%
An entry @263.82. This is a Buy Stop order right above the resistance zone.An exit @255.43. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 8.39 points, which is 3.18%.For a 0.80% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • 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.
GJENSIDIGE FORSIKRING ASA / GJF Daily stock chart

GJENSIDIGE FORSIKRING ASA

OSL:GJF (5/28/2025, 4:25:15 PM)

258.6

-3.4 (-1.3%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-1.3%
1 Week-1.6%
2 Weeks3.11%
1 Month8.66%
3 Month12.05%
6 Month31.67%
12 Month40.77%
2 Year38.66%
3 Year26.27%
5 Year46.68%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.26
ATR(20)%1.64%
ATR Inc-31.15%
Range Today3.8
ADR(20)4.21
ADR(20)%1.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.26
Mansfield1.91
10 Day High264.4
10 Day Low250.4
20 Day High264.4
20 Day Low236
52 Week High264.4
52 Week Low174.4
CS1 End258.31
CR1 Start260.76
Volume & EV
DER(3)-3.18%
DER(5)-1.55%
Volume75.53K
Volume Incr-37.73%
Vol(5)203.88K
Vol(50)341.77K