GOODTECH ASA (GOD.OL) Stock Technical Analysis
OSL:GOD - Euronext Oslo - NO0004913609 - Common Stock - Currency: NOK
Taking everything into account, GOD scores 6 out of 10 in our technical rating. In the last year, GOD was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, GOD is a bad performer in the overall market: 73% of all stocks are doing better.
Warning: GOD has an average volume of 17901 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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 8.94 - 9.94 range, which is quite wide. It is currently trading near the high of this range.
GOD is part of the Machinery industry. There are 104 other stocks in this industry, GOD did better than 42% 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.
GOD has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 9.70, a Stop Loss order could be placed below this zone.
More info and screens
8.36
10.05
3 important support areas can be observed.
- A support zone ranging from 9.54 to 9.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 8.87 to 9.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 8.44 to 8.59. 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 9.95 to 9.95. 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 | 27.79 | NEGATIVE | GOD.OL has a low relative strength, it was outperformed by 72.21% 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 | MIXED | The current price of GOD.OL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 68.23 | 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) | 82.94 | OVERBOUGHT | The high Stochastics value suggests GOD.OL may be overbought. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for GOD.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 24.53 | NEUTRAL | The ADX value for GOD.OL suggests a possible start of a new 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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.96 | 9.53 | 0.43 (4.32%) | 23.16% |
| An entry @9.96. This is a Buy Stop order right above the resistance zone. | An exit @9.53. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.43 points, which is 4.32%. | For a 1.00% total portfolio risk, you can invest 23.16% of your capital in this trade. |
- 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.
OSL:GOD (8/6/2025, 1:02:58 PM)
9.68
-0.26 (-2.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-2.62%
1 Week2.47%
2 Weeks3.76%
1 Month10.44%
3 Month10.44%
6 Month5.3%
12 Month-16.47%
2 Year-15.4%
3 Year22.41%
5 Year48.36%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%2.49%
ATR Inc12.78%
Range Today0.04
ADR(20)0.23
ADR(20)%2.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.79
Mansfield-0.58
10 Day High9.94
10 Day Low9.36
20 Day High9.94
20 Day Low8.94
52 Week High12.3
52 Week Low8
CS1 End9.7
CR1 Start9.95
Volume & EV
DER(3)1.99%
DER(5)1.19%
Volume2.60K
Volume Incr-12.65%
Vol(5)16.04K
Vol(50)17.90K