GOODTECH ASA (GOD.OL) Stock Technical Analysis
OSL:GOD - Euronext Oslo - NO0004913609 - Common Stock - Currency: NOK
We assign a technical rating of 3 out of 10 to GOD. Recently some decent action could be observed, but in the medium term time frame this is still negative. GOD was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, GOD is a bad performer in the overall market: 90% of all stocks are doing better.
GOD is part of the Machinery industry. There are 107 other stocks in this industry, of which 67% are performing better than GOD.
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.
Warning: GOD has an average volume of 15550 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month GOD has a been trading in the 8.52 - 9.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GOD has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 9.02, a Stop Loss order could be placed below this zone.
More info and screens
8.05
9.73
4 important support areas can be observed.
- A support zone ranging from 8.98 to 9.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.71 to 8.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
- Support @8.13 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 9.09 to 9.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.63 to 9.63. 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 | NEUTRAL | NEUTRAL | The short term trend for GOD.OL is neutral. |
| ChartMill Relative Strength | 10.06 | NEGATIVE | GOD.OL has a low relative strength, it was outperformed by 89.94% 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 | NEGATIVE | The current price of GOD.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.64 | NEUTRAL | The RSI value for GOD.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GOD.OL has a negative trend. |
| Stochastics (14,3) | 46.19 | NEUTRAL | The Stochastics value for GOD.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for GOD.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 19.94 | NEGATIVE | The low ADX value for GOD.OL suggests a weak or negative 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 (7/11/2025, 7:00:00 PM)
9.04
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0%
1 Week-1.74%
2 Weeks0.67%
1 Month5.12%
3 Month2.03%
6 Month-12.23%
12 Month-34.25%
2 Year-22.73%
3 Year11.88%
5 Year31.01%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%2.32%
ATR Inc-4.32%
Range Today0.16
ADR(20)0.21
ADR(20)%2.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.06
Mansfield-1.63
10 Day High9.3
10 Day Low8.88
20 Day High9.3
20 Day Low8.52
52 Week High13.8
52 Week Low8
CS1 End9.02
CR1 Start9.09
Volume & EV
DER(3)0%
DER(5)0%
Volume16.23K
Volume Incr-18.13%
Vol(5)14.87K
Vol(50)15.55K