KITRON ASA (KIT.OL) Stock Technical Analysis
Europe - OSL:KIT - NO0003079709 - Common Stock
Overall KIT gets a technical rating of 10 out of 10. Both in the recent history as in the last year, KIT has proven to be a steady performer, scoring decent points in every aspect analyzed.
KIT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
55.29
3 important support areas can be observed.
- A support zone ranging from 72.96 to 73.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 57.25 to 58.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @55.85 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 75.50 to 76.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for KIT.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KIT.OL is up. |
| ChartMill Relative Strength | 97.43 | POSITIVE | KIT.OL has a high relative strength, it outperformed 97.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KIT.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KIT.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KIT.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.01 | OVERBOUGHT | The high RSI value suggests KIT.OL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.07 | POSITIVE | The MACD value suggests KIT.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.55 | OVERBOUGHT | The high Stochastics value suggests KIT.OL may be overbought. |
| Average True Range in percent/ATR (20) | 3.52 | MEDIUM VOLATILITY | The ATR as a percentage value for KIT.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 40.6 | POSITIVE | The high ADX value value for KIT.OL suggests a strong trend. |
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 |
|---|---|---|---|
| 77.11 | 74.09 | 3.02 (3.92%) | 25.00% |
| An entry @77.11. This is a Buy Stop order right above the 10 day high. | An exit @74.09. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.02 points, which is 3.92%. | For a 0.98% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of KIT. Please evaluate whether better entry and exit points can be found.
- 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.
OSL:KIT (11/4/2025, 4:19:49 PM)
74
-1.25 (-1.66%)
KITRON ASA / KIT.OL FAQ
What is the technical rating for KIT stock?
ChartMill assigns a technical rating of 10 / 10 to KIT.OL.
What is the current trend direction of KITRON ASA (KIT.OL) stock?
The current trend direction for KITRON ASA (KIT.OL) is Bullish.
What is the RSI signal for KITRON ASA (KIT.OL) stock?
KITRON ASA (KIT.OL) has an RSI value of 70.0111. This indicates that the stock is currently overbought.
What is the buy/sell signal for KIT stock?
The buy/sell signal for KITRON ASA (KIT.OL) is buy as both the short term and long term trends are positive.
What is the support and resistance level for KIT stock?
KITRON ASA (KIT.OL) has a support level at 75.24. Check the full technical report for our detailed analysis of KIT.OL support and resistance levels.