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GOODTECH ASA (GOD.OL) Stock Technical Analysis

Europe - Euronext Oslo - OSL:GOD - NO0004913609 - Common Stock

9.16 NOK
-0.26 (-2.76%)
Last: 11/27/2025, 10:10:48 AM
Technical Rating and Analysis

5

Overall GOD gets a technical rating of 5 out of 10. GOD has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.

The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month GOD has a been trading in the 8.40 - 9.74 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When compared to the yearly performance of all other stocks, GOD outperforms 41% of them, which is more or less in line with the market.
GOD is part of the Machinery industry. There are 108 other stocks in this industry, GOD did better than 59% of them.
GOD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GOD is lagging the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
GOODTECH ASA / GOD Weekly stock chart
GOODTECH ASA / GOD Daily stock chart
Setup Rating and Analysis

6

GOD 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. There is a support zone below the current price at 9.27, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

8.23

10.03

3 important support areas can be observed.

  • A support zone ranging from 9.00 to 9.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @8.60 from a horizontal line in the weekly time frame.
  • A support zone ranging from 8.31 to 8.44. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 9.50 to 9.93. This zone is formed by a combination of multiple trend lines 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 IndicatorNEUTRALNEUTRALThe long term trend for GOD.OL is neutral.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for GOD.OL is up.
ChartMill Relative Strength41.96NEUTRALGOD.OL is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of GOD.OL is below the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of GOD.OL is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of GOD.OL is above the rising SMA(200).
Relative Strength Index/RSI (14)61.53NEUTRALThe RSI value for GOD.OL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests GOD.OL has a positive trend.
Stochastics (14,3)89.39OVERBOUGHTThe high Stochastics value suggests GOD.OL may be overbought.
Average True Range in percent/ATR (20)2.36MEDIUM VOLATILITYThe ATR as a percentage value for GOD.OL suggests some volalility.
Average Directional Index/ADX (14)12.88NEGATIVEThe low ADX value for GOD.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
9.289.030.25 (2.69%)25.00%
An entry @9.28. This is a Buy Stop order right above the 10 day moving average.An exit @9.03. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.25 points, which is 2.69%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.67%.

  • 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.
GOODTECH ASA / GOD Daily stock chart

GOODTECH ASA

OSL:GOD (11/27/2025, 10:10:48 AM)

9.16

-0.26 (-2.76%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-2.76%
1 Week2.39%
2 Weeks3.06%
1 Month9.53%
3 Month3.97%
6 Month2.61%
12 Month1.73%
2 Year-5.8%
3 Year18.05%
5 Year-13.58%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%2.36%
ATR Inc-30%
Range Today0.08
ADR(20)0.18
ADR(20)%1.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.96
3 months CRS54.3
6 months CRS43.11
Mansfield-0.84
10 Day High9.42
10 Day Low9.04
20 Day High9.74
20 Day Low8.4
52 Week High10.5
52 Week Low8
CS1 End9.27
CR1 Start9.5
Volume & EV
DER(3)0%
DER(5)0%
Volume2.82K
Volume Incr-81.56%
Vol(5)8.79K
Vol(50)36.08K

GOODTECH ASA / GOD.OL FAQ

Can you provide the ChartMill technical rating for GOODTECH ASA?

ChartMill assigns a technical rating of 6 / 10 to GOD.OL.


What is the trend direction for GOD stock?

The current trend direction for GOODTECH ASA (GOD.OL) is Bearish.


What is the RSI signal for GOODTECH ASA (GOD.OL) stock?

GOODTECH ASA (GOD.OL) has an RSI value of 61.528. This indicates that the stock is currently neutral.


Can you provide the support and resistance levels for GOODTECH ASA?

GOODTECH ASA (GOD.OL) has a support level at 9.27 and a resistance level at 9.5. Check the full technical report for our detailed analysis of GOD.OL support and resistance levels.