KITRON ASA (KIT.OL) Stock Technical Analysis
OSL:KIT - Euronext Oslo - NO0003079709 - Common Stock - Currency: NOK
Overall KIT gets a technical rating of 10 out of 10. 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 term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that KIT is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by KIT over the past year are nicely spread over this period.
KIT is part of the Electronic Equipment, Instruments & Components industry. There are 51 other stocks in this industry. KIT outperforms 78% of them.
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 57.05 - 68.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
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
55.28
62.67
2 important support areas can be observed.
- A support zone ranging from 60.40 to 61.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @55.84 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 61.76 to 62.05. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for KIT.OL is neutral. |
| ChartMill Relative Strength | 92.88 | POSITIVE | KIT.OL has a high relative strength, it outperformed 92.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of KIT.OL is below 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) | 46.51 | NEUTRAL | The RSI value for KIT.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests KIT.OL has a negative trend. |
| Stochastics (14,3) | 22.41 | NEUTRAL | The Stochastics value for KIT.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for KIT.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 14.93 | NEGATIVE | The low ADX value for KIT.OL suggests a weak or negative 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)
OSL:KIT (8/7/2025, 4:25:15 PM)
61.35
-0.3 (-0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-0.49%
1 Week-3.08%
2 Weeks-0.97%
1 Month0.99%
3 Month12.36%
6 Month59.68%
12 Month77.52%
2 Year62.52%
3 Year205.99%
5 Year275%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.46
ATR(20)%3.04%
ATR Inc28.42%
Range Today1.45
ADR(20)1.86
ADR(20)%3.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.88
Mansfield3.17
10 Day High63.35
10 Day Low60.45
20 Day High68.1
20 Day Low57.05
52 Week High68.1
52 Week Low27.6
CS1 End61.34
CR1 Start61.76
Volume & EV
DER(3)-8.09%
DER(5)-6.03%
Volume161.35K
Volume Incr-44.05%
Vol(5)281.08K
Vol(50)548.76K