HOFSETH BIOCARE ASA (HBC.OL) Stock Technical Analysis
Europe - OSL:HBC - NO0010598683 - Common Stock
Taking everything into account, HBC scores 6 out of 10 in our technical rating. In the past year, HBC was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
Although the technical rating is only medium, HBC does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.07. Right above this resistance zone may be a good entry point.
More info and screens
1.68
4 important support areas can be observed.
- A support zone ranging from 2.05 to 2.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.98 to 1.99. 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 1.77 to 1.77. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @1.70 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.07 to 2.09. 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 HBC.OL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HBC.OL is neutral. |
| ChartMill Relative Strength | 80.19 | POSITIVE | HBC.OL has a high relative strength, it outperformed 80.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HBC.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HBC.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of HBC.OL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.51 | NEUTRAL | The RSI value for HBC.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests HBC.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.12 | OVERBOUGHT | The high Stochastics value suggests HBC.OL may be overbought. |
| Average True Range in percent/ATR (20) | 5.61 | HIGH VOLATILITY | The high ATR as a percentage value for HBC.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 23.53 | NEUTRAL | The ADX value for HBC.OL suggests a possible start of a new trend. |
OSL:HBC (10/24/2025, 7:00:00 PM)
2.06
-0.01 (-0.48%)
HOFSETH BIOCARE ASA / HBC.OL FAQ
Can you provide the ChartMill technical rating for HOFSETH BIOCARE ASA?
ChartMill assigns a technical rating of 6 / 10 to HBC.OL.
What is the current trend direction of HOFSETH BIOCARE ASA (HBC.OL) stock?
The current trend direction for HOFSETH BIOCARE ASA (HBC.OL) is Bearish.
What is the RSI signal for HOFSETH BIOCARE ASA (HBC.OL) stock?
HOFSETH BIOCARE ASA (HBC.OL) has an RSI value of 64.508. This indicates that the stock is currently neutral.
What is the MACD signal for HOFSETH BIOCARE ASA (HBC.OL) stock?
The MACD indicator for HOFSETH BIOCARE ASA (HBC.OL) has a value of 0.0273594, indicating a bearish trend.
Can you provide the support and resistance levels for HOFSETH BIOCARE ASA?
HOFSETH BIOCARE ASA (HBC.OL) has a support level at 2.05 and a resistance level at 2.07. Check the full technical report for our detailed analysis of HBC.OL support and resistance levels.