MEDISTIM ASA (MEDI.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:MEDI - NO0010159684 - Common Stock
Taking everything into account, MEDI scores 1 out of 10 in our technical rating. MEDI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month MEDI has a been trading in the 229.00 - 270.00 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Warning: MEDI has an average volume of 5700 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- MEDI is part of the Health Care Equipment & Supplies industry. There are 63 other stocks in this industry. MEDI outperforms 72% of them.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When compared to the yearly performance of all other stocks, MEDI outperforms 64% of them, which is more or less in line with the market.
- MEDI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MEDI is lagging the market.
- Considerably lower volume is observed in the last couple of days.
MEDI has a poor technical rating and the quality of the setup is also only medium 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
215.82
We found 3 important support areas.
- A support zone ranging from 229.99 to 229.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @225.00 from a horizontal line in the daily time frame.
- Support @218.00 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- Resistance @231.95 from a trend line in the daily time frame.
- A resistance zone ranging from 239.70 to 242.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 247.31 to 249.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 259.00 to 261.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for MEDI.OL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MEDI.OL is down. |
| ChartMill Relative Strength | 64.12 | NEUTRAL | MEDI.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MEDI.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MEDI.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MEDI.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.71 | NEUTRAL | The RSI value for MEDI.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.36 | NEGATIVE | The MACD value suggests MEDI.OL has a negative trend. |
| Stochastics (14,3) | 19.91 | OVERSOLD | The low Stochastics value suggests MEDI.OL may be oversold. |
| Average True Range in percent/ATR (20) | 4.5 | MEDIUM VOLATILITY | The ATR as a percentage value for MEDI.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 18.04 | NEGATIVE | The low ADX value for MEDI.OL suggests a weak or negative trend. |
OSL:MEDI (1/28/2026, 4:11:31 PM)
230
-6 (-2.54%)
MEDISTIM ASA / MEDI.OL FAQ
What is the ChartMill technical rating of MEDISTIM ASA (MEDI.OL) stock?
ChartMill assigns a technical rating of 1 / 10 to MEDI.OL.
What is the trend direction for MEDI stock?
The current trend direction for MEDISTIM ASA (MEDI.OL) is Bearish.
What is the RSI signal for MEDISTIM ASA (MEDI.OL) stock?
MEDISTIM ASA (MEDI.OL) has an RSI value of 37.7139. This indicates that the stock is currently neutral.
What is the short term momentum for MEDISTIM ASA (MEDI.OL) stock?
The short term momentum for MEDISTIM ASA (MEDI.OL) is negative.
What are the support and resistance levels for MEDISTIM ASA (MEDI.OL) stock?
MEDISTIM ASA (MEDI.OL) has a support level at 229.99 and a resistance level at 231.95. Check the full technical report for our detailed analysis of MEDI.OL support and resistance levels.