HEXAGON COMPOSITES ASA (HEX.OL) Stock Technical Analysis
OSL:HEX - NO0003067902 - Common Stock
16.47 NOK
+0.33 (+2.04%)
Taking everything into account, HEX scores 0 out of 10 in our technical rating. HEX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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: 95% of all stocks are doing better.
HEX is part of the Machinery industry. There are 105 other stocks in this industry, of which 81% 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.
HEX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
HEX has an average volume of 2482220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
HEX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 16.13, a Stop Loss order could be placed below this zone.
More info and screens
15.70
19.78
When analyzing the support we notice one important area.
- A support zone ranging from 15.86 to 16.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 16.50 to 16.52. 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 18.41 to 18.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @18.94 from a horizontal 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 | 5 | NEGATIVE | HEX.OL has a low relative strength, it was outperformed by 95% 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) | 42.22 | NEUTRAL | The RSI value for HEX.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests HEX.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 34.32 | NEUTRAL | The Stochastics value for HEX.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for HEX.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 11.79 | 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 (9/12/2025, 9:52:55 AM)
16.47
+0.33 (+2.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg2.04%
1 Week0.12%
2 Weeks-4.16%
1 Month-4.5%
3 Month-1.1%
6 Month-33.99%
12 Month-59.95%
2 Year-41.14%
3 Year-32.3%
5 Year-68.66%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%2.92%
ATR Inc2.94%
Range Today0.21
ADR(20)0.46
ADR(20)%2.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5
Mansfield-4.95
10 Day High17.06
10 Day Low15.78
20 Day High17.58
20 Day Low15.78
52 Week High48.8
52 Week Low15.46
CS1 End16.13
CR1 Start16.17
Volume & EV
DER(3)-2.48%
DER(5)-0.17%
Volume97.19K
Volume Incr-40.25%
Vol(5)1.61M
Vol(50)2.48M