GOODTECH ASA (GOD.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:GOD - NO0004913609 - Common Stock
Overall GOD gets a technical rating of 4 out of 10. GOD has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
Although the technical rating is only medium, GOD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 9.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.23, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GOD in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
8.23
3 important support areas can be observed.
- A support zone ranging from 9.00 to 9.23. 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.
We found 1 important resistance 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.
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 | 38.53 | NEUTRAL | GOD.OL is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of GOD.OL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GOD.OL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.67 | NEUTRAL | The RSI value for GOD.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GOD.OL has a positive trend. |
| Stochastics (14,3) | 60.21 | NEUTRAL | The Stochastics value for GOD.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for GOD.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 13.25 | NEGATIVE | The low ADX value for GOD.OL suggests a weak or negative trend. |
OSL:GOD (11/25/2025, 7:00:00 PM)
9.28
+0.06 (+0.65%)
GOODTECH ASA / GOD.OL FAQ
Can you provide the ChartMill technical rating for GOODTECH ASA?
ChartMill assigns a technical rating of 4 / 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 57.6677. 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 9.23 and a resistance level at 9.5. Check the full technical report for our detailed analysis of GOD.OL support and resistance levels.