HEXAGON COMPOSITES ASA (HEX.OL) Stock Technical Analysis
OSL:HEX - NO0003067902 - Common Stock
16.88 NOK
+0.1 (+0.6%)
Overall HEX gets a technical rating of 0 out of 10. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, HEX is a bad performer in the overall market: 94% of all stocks are doing better.
HEX is part of the Machinery industry. There are 106 other stocks in this industry, of which 80% are performing better than HEX.
HEX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month HEX has a been trading in the 15.86 - 20.00 range, which is quite wide. It is currently trading near the lows of this range.
HEX has an average volume of 2474690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, HEX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
16.65
19.78
When analyzing the support we notice one important area.
- Support @16.82 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 17.22 to 17.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 18.48 to 18.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.19 from a trend line in the daily time frame.
- Resistance @19.58 from a horizontal 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 | DOWN | NEGATIVE | The short term trend for HEX.OL is down. |
| ChartMill Relative Strength | 6.43 | NEGATIVE | HEX.OL has a low relative strength, it was outperformed by 93.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HEX.OL is below a declining 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) | 43.99 | NEUTRAL | The RSI value for HEX.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests HEX.OL has a negative trend. |
| Stochastics (14,3) | 26.73 | NEUTRAL | The Stochastics value for HEX.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.75 | MEDIUM VOLATILITY | The ATR as a percentage value for HEX.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 17.58 | NEGATIVE | The low ADX value for HEX.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:HEX (8/22/2025, 1:56:07 PM)
16.88
+0.1 (+0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.6%
1 Week-0.71%
2 Weeks-6.47%
1 Month-1.99%
3 Month-3.01%
6 Month-42.73%
12 Month-55.37%
2 Year-55.56%
3 Year-40.75%
5 Year-68.58%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.86
ATR(20)%4.75%
ATR Inc-54.12%
Range Today0.2
ADR(20)0.65
ADR(20)%3.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.43
Mansfield-4.85
10 Day High20
10 Day Low15.86
20 Day High20
20 Day Low15.86
52 Week High48.8
52 Week Low15.46
CS1 EndN/A
CR1 Start16.82
Volume & EV
DER(3)-0.32%
DER(5)0.53%
Volume170.24K
Volume Incr-19.85%
Vol(5)2.11M
Vol(50)2.47M