HEXAGON COMPOSITES ASA (HEX.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:HEX - NO0003067902 - Common Stock
Overall HEX gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. HEX was also a bad performer in the overall market in the last year.
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
7.32
When analyzing the support we notice one important area.
- A support zone ranging from 7.39 to 7.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 8.41 to 8.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | UP | POSITIVE | The short term trend for HEX.OL is up. |
| ChartMill Relative Strength | 2.49 | NEGATIVE | HEX.OL has a low relative strength, it was outperformed by 97.51% 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 | MIXED | The current price of HEX.OL is above 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) | 62.47 | NEUTRAL | The RSI value for HEX.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests HEX.OL has a positive trend. |
| Stochastics (14,3) | 80.69 | OVERBOUGHT | The high Stochastics value suggests HEX.OL may be overbought. |
| Average True Range in percent/ATR (20) | 4.58 | MEDIUM VOLATILITY | The ATR as a percentage value for HEX.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 21.45 | NEUTRAL | The ADX value for HEX.OL suggests a possible start of a new trend. |
OSL:HEX (1/13/2026, 4:19:12 PM)
8.3
-0.1 (-1.19%)
HEXAGON COMPOSITES ASA / HEX.OL FAQ
Can you provide the ChartMill technical rating for HEXAGON COMPOSITES ASA?
ChartMill assigns a technical rating of 2 / 10 to HEX.OL.
What is the trend direction for HEX stock?
The current trend direction for HEXAGON COMPOSITES ASA (HEX.OL) is Bearish.
What is the RSI signal for HEXAGON COMPOSITES ASA (HEX.OL) stock?
HEXAGON COMPOSITES ASA (HEX.OL) has an RSI value of 62.4717. This indicates that the stock is currently neutral.
What is the MACD signal for HEXAGON COMPOSITES ASA (HEX.OL) stock?
The MACD indicator for HEXAGON COMPOSITES ASA (HEX.OL) has a value of 0.0971725, indicating a bearish trend.
Can you provide the short term momentum for HEXAGON COMPOSITES ASA?
The short term momentum for HEXAGON COMPOSITES ASA (HEX.OL) is positive.