GRIEG SEAFOOD ASA (GSF.OL) Stock Technical Analysis
OSL:GSF - Euronext Oslo - NO0010365521 - Common Stock - Currency: NOK
Overall GSF gets a technical rating of 8 out of 10. Both in the recent history as in the last year, GSF has proven to be a steady performer, scoring decent points in every aspect analyzed.
GSF has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 74.85. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 67.59, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
48.11
When analyzing the support we can see 2 important areas.
- A support zone ranging from 67.59 to 67.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @48.60 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 74.85 to 75.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @76.80 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for GSF.OL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GSF.OL is neutral. |
| ChartMill Relative Strength | 81.44 | POSITIVE | GSF.OL has a high relative strength, it outperformed 81.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GSF.OL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GSF.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GSF.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.12 | NEUTRAL | The RSI value for GSF.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.99 | NEGATIVE | The MACD value suggests GSF.OL has a negative trend. |
| Stochastics (14,3) | 31.33 | NEUTRAL | The Stochastics value for GSF.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.69 | HIGH VOLATILITY | The high ATR as a percentage value for GSF.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 24.48 | NEUTRAL | The ADX value for GSF.OL suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 71.38 | 67.58 | 3.80 (5.32%) | 18.78% |
| An entry @71.38. This is a Buy Stop order right above the 10 day moving average. | An exit @67.58. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.80 points, which is 5.32%. | For a 1.00% total portfolio risk, you can invest 18.78% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of GSF. Please evaluate whether better entry and exit points can be found.
- 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:GSF (5/30/2025, 7:00:00 PM)
67.6
-0.4 (-0.59%)