GOODTECH ASA (GOD.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:GOD - NO0004913609 - Common Stock
Overall GOD gets a technical rating of 3 out of 10. In the last year, GOD was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- In the last month GOD has a been trading in the 9.36 - 10.80 range, which is quite wide. It is currently trading near the lows of this range.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When compared to the yearly performance of all other stocks, GOD outperforms 46% of them, which is more or less in line with the market.
- GOD is part of the Machinery industry. There are 115 other stocks in this industry, GOD did better than 51% 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.
Although the technical rating is bad, GOD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
8.23
When analyzing the support we can see 3 important areas.
- Support @9.00 from a horizontal line in the daily time frame.
- 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 2 important areas.
- A resistance zone ranging from 9.64 to 9.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.35 to 10.51. 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 | DOWN | NEGATIVE | The short term trend for GOD.OL is down. |
| ChartMill Relative Strength | 46.42 | NEUTRAL | GOD.OL is not amongst the best or worst performers 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) | UP | MIXED | The current price of GOD.OL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GOD.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.15 | NEUTRAL | The RSI value for GOD.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests GOD.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.89 | OVERSOLD | The low Stochastics value suggests GOD.OL may be oversold. |
| Average True Range in percent/ATR (20) | 3.26 | MEDIUM VOLATILITY | The ATR as a percentage value for GOD.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 18.81 | NEGATIVE | The low ADX value for GOD.OL suggests a weak or negative trend. |
OSL:GOD (1/23/2026, 7:00:00 PM)
9.5
-0.12 (-1.25%)
GOODTECH ASA / GOD.OL FAQ
Can you provide the ChartMill technical rating for GOODTECH ASA?
ChartMill assigns a technical rating of 3 / 10 to GOD.OL.
What is the current trend direction of GOODTECH ASA (GOD.OL) 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 42.1546. This indicates that the stock is currently neutral.
What is the MACD signal for GOD stock?
The MACD indicator for GOODTECH ASA (GOD.OL) has a value of -0.08853, indicating a bearish trend.
What is the short term momentum for GOODTECH ASA (GOD.OL) stock?
The short term momentum for GOODTECH ASA (GOD.OL) is negative.