HEXAGON COMPOSITES ASA (HEX.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:HEX - NO0003067902 - Common Stock
Taking everything into account, HEX scores 1 out of 10 in our technical rating. HEX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of HEX is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
7.31
When analyzing the support we notice one important area.
- A support zone ranging from 7.38 to 7.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 3 important resistance areas.
- Resistance @7.75 from a horizontal line in the weekly time frame.
- Resistance @8.01 from a horizontal line in the daily time frame.
- Resistance @14.87 from a trend line in the daily 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 | DOWN | NEGATIVE | The long term trend for HEX.OL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HEX.OL is neutral. |
| ChartMill Relative Strength | 1.3 | NEGATIVE | HEX.OL has a low relative strength, it was outperformed by 98.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HEX.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HEX.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HEX.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.99 | NEUTRAL | The RSI value for HEX.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests HEX.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.99 | NEUTRAL | The Stochastics value for HEX.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.58 | HIGH VOLATILITY | The high ATR as a percentage value for HEX.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 30.06 | POSITIVE | The high ADX value value for HEX.OL suggests a strong trend. |
OSL:HEX (12/16/2025, 7:00:00 PM)
7.74
+0.35 (+4.74%)
HEXAGON COMPOSITES ASA / HEX.OL FAQ
Can you provide the ChartMill technical rating for HEXAGON COMPOSITES ASA?
ChartMill assigns a technical rating of 1 / 10 to HEX.OL.
Can you provide the trend direction for HEXAGON COMPOSITES ASA?
The current trend direction for HEXAGON COMPOSITES ASA (HEX.OL) is Bearish.
Can you provide the RSI signal for HEXAGON COMPOSITES ASA?
HEXAGON COMPOSITES ASA (HEX.OL) has an RSI value of 52.9932. This indicates that the stock is currently neutral.
Can you provide the MACD signal for HEXAGON COMPOSITES ASA?
The MACD indicator for HEXAGON COMPOSITES ASA (HEX.OL) has a value of 0.197971, indicating a bearish trend.
What is the short term momentum for HEXAGON COMPOSITES ASA (HEX.OL) stock?
The short term momentum for HEXAGON COMPOSITES ASA (HEX.OL) is neutral.