KITRON ASA (KIT.OL) Stock Technical Analysis
Europe - OSL:KIT - NO0003079709 - Common Stock
62.05 NOK
+0.9 (+1.47%)
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.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that KIT is one of the better performing stocks in the market, outperforming 93% of all stocks. On top of that, KIT also shows a nice and consistent pattern of rising prices.
KIT is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 86% of 53 stocks in the same industry.
KIT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so KIT is lagging the market slightly.
In the last month KIT has a been trading in the 55.75 - 63.80 range, which is quite wide. It is currently trading near the high of this range.
Although KIT has an excellent technical rating, the quality of the presented setup is 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
55.29
63.93
2 important support areas can be observed.
- Support @58.32 from a trend line in the daily time frame.
- A support zone ranging from 55.85 to 57.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 63.00 to 63.30. This zone is formed by a combination of multiple trend lines 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 | 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 | 93.81 | POSITIVE | KIT.OL has a high relative strength, it outperformed 93.81% 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) | 54.14 | NEUTRAL | The RSI value for KIT.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests KIT.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.1 | NEUTRAL | The Stochastics value for KIT.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for KIT.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 24.09 | NEUTRAL | The ADX value for KIT.OL suggests a possible start of a new 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)
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 |
|---|---|---|---|
| 63.31 | 57.29 | 6.02 (9.51%) | 10.52% |
| An entry @63.31. This is a Buy Stop order right above the resistance zone. | An exit @57.29. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 6.02 points, which is 9.51%. | When investing 10.52% 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.
OSL:KIT (9/22/2025, 4:19:10 PM)
62.05
+0.9 (+1.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg1.47%
1 Week-1.92%
2 Weeks5.7%
1 Month6.81%
3 Month4.62%
6 Month32.7%
12 Month99.45%
2 Year72.5%
3 Year224.92%
5 Year234.52%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.71
ATR(20)%2.53%
ATR Inc-21.89%
Range Today0.88
ADR(20)1.54
ADR(20)%2.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.81
Mansfield1.93
10 Day High63.8
10 Day Low57.3
20 Day High63.8
20 Day Low55.75
52 Week High68.1
52 Week Low27.6
CS1 End58.32
CR1 Start63
Volume & EV
DER(3)-1.44%
DER(5)-0.89%
Volume186.28K
Volume Incr-15.94%
Vol(5)317.42K
Vol(50)391.50K