KITRON ASA (KIT.OL) Stock Technical Analysis
OSL:KIT - Euronext Oslo - NO0003079709 - Common Stock - Currency: NOK
Taking everything into account, KIT scores 10 out of 10 in our technical rating. 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.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that KIT is one of the better performing stocks in the market, outperforming 94% of all 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 84% of 53 stocks in the same industry.
KIT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month KIT has a been trading in the 57.05 - 68.10 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
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. 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
28.02
67.27
We found 2 important support areas.
- A support zone ranging from 60.40 to 61.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @28.30 from a horizontal line in the weekly 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 | 94.51 | POSITIVE | KIT.OL has a high relative strength, it outperformed 94.51% 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) | 71.07 | OVERBOUGHT | The high RSI value suggests KIT.OL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests KIT.OL has a positive trend. |
| Stochastics (14,3) | 85.82 | OVERBOUGHT | The high Stochastics value suggests KIT.OL may be overbought. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for KIT.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 16.73 | 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 (7/17/2025, 4:19:37 PM)
66.6
+0.1 (+0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.15%
1 Week9.63%
2 Weeks9.18%
1 Month13.17%
3 Month25.78%
6 Month85.1%
12 Month77.22%
2 Year77.84%
3 Year219.42%
5 Year344%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.16
ATR(20)%2.99%
ATR Inc-29.08%
Range Today1.4
ADR(20)1.98
ADR(20)%2.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.51
Mansfield4.77
10 Day High68.1
10 Day Low57.05
20 Day High68.1
20 Day Low57.05
52 Week High68.1
52 Week Low27.6
CS1 End61.81
CR1 StartN/A
Volume & EV
DER(3)-1.88%
DER(5)-0.91%
Volume132.63K
Volume Incr54.2%
Vol(5)832.98K
Vol(50)594.88K