GOODTECH ASA (GOD.OL) Stock Technical Analysis
OSL:GOD - Euronext Oslo - NO0004913609 - Common Stock - Currency: NOK
We assign a technical rating of 5 out of 10 to GOD. Recently some decent action could be observed, but in the medium term time frame this is still negative. GOD was also a bad performer in the overall market in the last year.
82% of all other stocks performed better in the past year than GOD.
GOD is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GOD is lagging the market.
Warning: GOD has an average volume of 10541 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
GOD is part of the Machinery industry. There are 111 other stocks in this industry, GOD did better than 44% of them.
In the last month GOD has a been trading in the 8.44 - 9.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GOD has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 9.08, a Stop Loss order could be placed below this zone.
More info and screens
8.05
9.73
When analyzing the support we can see 2 important areas.
- A support zone ranging from 8.84 to 9.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.13 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @9.46 from a trend line in the daily time frame.
- A resistance zone ranging from 9.63 to 9.63. 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 GOD.OL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GOD.OL is up. |
| ChartMill Relative Strength | 18.46 | NEGATIVE | GOD.OL has a low relative strength, it was outperformed by 81.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GOD.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GOD.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GOD.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.75 | NEUTRAL | The RSI value for GOD.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests GOD.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.48 | NEUTRAL | The Stochastics value for GOD.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for GOD.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 25.25 | POSITIVE | The high ADX value value for GOD.OL suggests a strong trend. |
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)
OSL:GOD (5/30/2025, 7:00:00 PM)
9.18
+0.14 (+1.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.55%
1 Week1.1%
2 Weeks-4.37%
1 Month7.75%
3 Month4.08%
6 Month-0.86%
12 Month-33.72%
2 Year-6.9%
3 Year14.89%
5 Year37.01%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%2.59%
ATR Inc-18.52%
Range Today0.24
ADR(20)0.22
ADR(20)%2.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.46
Mansfield-1.59
10 Day High9.68
10 Day Low9
20 Day High9.7
20 Day Low8.44
52 Week High14.25
52 Week Low8
CS1 End9.08
CR1 Start9.46
Volume & EV
DER(3)0.08%
DER(5)0.05%
Volume4.08K
Volume Incr-0.5%
Vol(5)12.31K
Vol(50)10.54K