KITRON ASA (KIT.OL) Stock Technical Analysis
OSL:KIT - Euronext Oslo - NO0003079709 - Common Stock - Currency: NOK
We assign a technical rating of 10 out of 10 to KIT. 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.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, KIT did better than 96% of all other stocks. We also observe that the gains produced by KIT over the past year are nicely spread over this period.
KIT is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 97% of 48 stocks in the same industry.
KIT is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month KIT has a been trading in the 43.00 - 53.90 range, which is quite wide. It is currently trading near the high of this range.
KIT has an average volume of 1107180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, KIT also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 49.54, a Stop Loss order could be placed below this zone.
More info and screens
28.02
53.13
We found 3 important support areas.
- A support zone ranging from 49.07 to 49.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @44.68 from a trend line in the daily time frame.
- Support @28.30 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.39
Mansfield4.38
10 Day High53.9
10 Day Low47.92
20 Day High53.9
20 Day Low43
52 Week High53.9
52 Week Low27.6
Performance
1 Week7.07%
2 Weeks1.06%
1 Month15.34%
3 Month36.78%
6 Month75.52%
12 Month72.52%
2 Year15.24%
3 Year177.46%
5 Year346.85%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)64.05
LBB47.66
UBB53.34
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 |
|---|---|---|---|
| 53.91 | 49.06 | 4.85 (9.00%) | 11.12% |
| An entry @53.91. This is a Buy Stop order right above the 10 day high. | An exit @49.06. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.85 points, which is 9.00%. | When investing 11.12% 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 (5/6/2025, 4:19:56 PM)
52.6
+0.05 (+0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.1%
1 Week7.07%
2 Weeks1.06%
1 Month15.34%
3 Month36.78%
6 Month75.52%
12 Month72.52%
2 Year15.24%
3 Year177.46%
5 Year346.85%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.06
ATR(20)%4.42%
ATR Inc-40.15%
Range Today1.4
ADR(20)2.18
ADR(20)%4.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.39
Mansfield4.38
10 Day High53.9
10 Day Low47.92
20 Day High53.9
20 Day Low43
52 Week High53.9
52 Week Low27.6
CS1 End49.54
CR1 StartN/A
Volume & EV
DER(3)-0.41%
DER(5)-2.09%
Volume248.71K
Volume Incr-54.39%
Vol(5)479.01K
Vol(50)1.11M