GOODTECH ASA (GOD.OL) Stock Technical Analysis
OSL:GOD - NO0004913609 - Common Stock
8.92 NOK
-0.14 (-1.55%)
We assign a technical rating of 0 out of 10 to GOD. GOD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, GOD is a bad performer in the overall market: 84% of all stocks are doing better.
GOD is one of the lesser performing stocks in the Machinery industry. 65% of 105 stocks in the same industry do better.
GOD is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month GOD has a been trading in the 8.80 - 9.78 range, which is quite wide. It is currently trading near the lows of this range.
Warning: GOD has an average volume of 18548 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
The technical rating of GOD is bad and it also does not present a quality setup 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.
More info and screens
8.83
10.03
3 important resistance areas can be observed.
- A resistance zone ranging from 9.00 to 9.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 9.25 to 9.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.75 to 9.93. 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 | DOWN | NEGATIVE | The long term trend for GOD.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GOD.OL is down. |
| ChartMill Relative Strength | 16.44 | NEGATIVE | GOD.OL has a low relative strength, it was outperformed by 83.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GOD.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GOD.OL is below a declining 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) | 32.57 | NEUTRAL | The RSI value for GOD.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests GOD.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.1 | OVERSOLD | The low Stochastics value suggests GOD.OL may be oversold. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for GOD.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 38.08 | 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 (9/5/2025, 7:00:00 PM)
8.92
-0.14 (-1.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.55%
1 Week-1.55%
2 Weeks-4.09%
1 Month-7.08%
3 Month-1.98%
6 Month0.22%
12 Month-23.43%
2 Year-14.23%
3 Year15.1%
5 Year15.84%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%1.85%
ATR Inc34.62%
Range Today0.1
ADR(20)0.14
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
CRS16.44
Mansfield-1.52
10 Day High9.3
10 Day Low8.8
20 Day High9.78
20 Day Low8.8
52 Week High12.3
52 Week Low8
CS1 EndN/A
CR1 Start9
Volume & EV
DER(3)0.08%
DER(5)0.05%
Volume1
Volume Incr-51.29%
Vol(5)10.95K
Vol(50)18.55K