KITRON ASA (KIT.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:KIT - NO0003079709 - Common Stock
We assign a technical rating of 10 out of 10 to KIT. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, KIT is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, KIT did better than 96% of all other 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 92% of 55 stocks in the same industry.
- A new 52 week high is currently being made by KIT, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month KIT has a been trading in the 66.25 - 82.00 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although KIT has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
55.29
When analyzing the support we can see 4 important areas.
- Support @63.49 from a trend line in the weekly time frame.
- Support @60.45 from a trend line in the daily time frame.
- A support zone ranging from 57.25 to 58.00. 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.
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 | 96.99 | POSITIVE | KIT.OL has a high relative strength, it outperformed 96.99% 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) | 79.19 | OVERBOUGHT | The high RSI value suggests KIT.OL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.52 | POSITIVE | The MACD value suggests KIT.OL has a positive trend. |
| Stochastics (14,3) | 94.68 | OVERBOUGHT | The high Stochastics value suggests KIT.OL may be overbought. |
| Average True Range in percent/ATR (20) | 2.35 | MEDIUM VOLATILITY | The ATR as a percentage value for KIT.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 48.57 | POSITIVE | The high ADX value value for KIT.OL suggests a strong trend. |
OSL:KIT (1/16/2026, 4:19:53 PM)
81.65
+3.25 (+4.15%)
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 trend direction for KIT 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 79.192. This indicates that the stock is currently overbought.
What is the short term momentum for KITRON ASA (KIT.OL) stock?
The short term momentum for KITRON ASA (KIT.OL) is positive.
Can you provide the buy/sell signal for KITRON ASA?
The buy/sell signal for KITRON ASA (KIT.OL) is buy as both the short term and long term trends are positive.