HEXAGON COMPOSITES ASA (HEX.OL) Technical Analysis
OSL:HEX • NO0003067902
Current stock price
HEX.OL Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to HEX. In the last year, HEX was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- When comparing the yearly performance of all stocks, HEX is a bad performer in the overall market: 84% of all stocks are doing better.
- HEX is one of the lesser performing stocks in the Machinery industry. 61% of 107 stocks in the same industry do better.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month HEX has a been trading in the 9.04 - 10.72 range, which is quite wide. It is currently trading near the high of this range.
- HEX has an average volume of 1313030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- HEX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HEX is lagging the market.
HEX.OL Weekly and Daily overview Charts
HEX.OL Setup Rating and Analysis
HEX has an average technical rating and the quality of the presented setup is also not ideal 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
HEX.OL Support and Resistance Analysis
7.57
5 important support areas can be observed.
- A support zone ranging from 10.62 to 10.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 10.09 to 10.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.05 to 9.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @8.51 from a trend line in the daily time frame.
- Support @7.65 from a horizontal line in the daily time frame.
HEX.OL Technical Indicator Signal Analysis
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 HEX.OL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HEX.OL is up. |
| ChartMill Relative Strength | 16.82 | NEGATIVE | HEX.OL has a low relative strength, it was outperformed by 83.18% 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) | UP | POSITIVE | The current price of HEX.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of HEX.OL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.9 | 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. |
| Stochastics (14,3) | 82.68 | OVERBOUGHT | The high Stochastics value suggests HEX.OL may be overbought. |
| Average True Range in percent/ATR (20) | 4.24 | MEDIUM VOLATILITY | The ATR as a percentage value for HEX.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 38.33 | POSITIVE | The high ADX value value for HEX.OL suggests a strong trend. |
HEX.OL Chart- and CandleStick Pattern Analysis
HEX.OL Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.63 | 9.69 | 0.94 (8.84%) | 11.31% |
| An entry @10.63. This is a Buy Stop order right above the resistance zone. | An exit @9.69. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.94 points, which is 8.84%. | When investing 11.31% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
HEX.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:HEX (4/22/2026, 4:19:55 PM)
11.08
+0.47 (+4.43%)
HEXAGON COMPOSITES ASA / HEX.OL TA FAQ
Can you provide the ChartMill technical rating for HEXAGON COMPOSITES ASA?
ChartMill assigns a technical rating of 6 / 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 HEX stock?
HEXAGON COMPOSITES ASA (HEX.OL) has an RSI value of 66.9043. 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 0.00881303, indicating a bearish trend.
What is the support and resistance level for HEX stock?
HEXAGON COMPOSITES ASA (HEX.OL) has a support level at 10.23 and a resistance level at 10.62. Check the full technical report for our detailed analysis of HEX.OL support and resistance levels.