MEDISTIM ASA (MEDI.OL) Stock Technical Analysis
OSL:MEDI - NO0010159684 - Common Stock
264 NOK
+4 (+1.54%)
Overall MEDI gets a technical rating of 10 out of 10. Both in the recent history as in the last year, MEDI has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: MEDI has an average volume of 5538 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, MEDI did better than 89% of all other stocks.
MEDI is part of the Health Care Equipment & Supplies industry. There are 57 other stocks in this industry. MEDI outperforms 89% of them.
MEDI 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 MEDI has a been trading in the 215.00 - 276.00 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
MEDI has an excellent technical rating, but the quality of the setup is 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
157.41
271.70
When analyzing the support we can see 7 important areas.
- A support zone ranging from 259.99 to 261.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 229.96 to 231.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @225.33 from a trend line in the weekly time frame.
- Support @214.00 from a horizontal line in the daily time frame.
- Support @188.00 from a trend line in the weekly time frame.
- Support @178.61 from a trend line in the daily time frame.
- Support @159.00 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 265.01 to 269.01. 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 | UP | POSITIVE | The long term trend for MEDI.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MEDI.OL is up. |
| ChartMill Relative Strength | 89.82 | POSITIVE | MEDI.OL has a high relative strength, it outperformed 89.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MEDI.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MEDI.OL is above the rising 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) | 61.34 | NEUTRAL | The RSI value for MEDI.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.27 | POSITIVE | The MACD value suggests MEDI.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.86 | NEUTRAL | The Stochastics value for MEDI.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.81 | MEDIUM VOLATILITY | The ATR as a percentage value for MEDI.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 25.51 | POSITIVE | The high ADX value value for MEDI.OL suggests a strong 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:MEDI (9/3/2025, 9:06:13 AM)
264
+4 (+1.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg1.54%
1 Week3.59%
2 Weeks13.04%
1 Month9.7%
3 Month25.6%
6 Month46.07%
12 Month41.3%
2 Year22.07%
3 Year25.3%
5 Year13.04%
10 YearN/A
15 YearN/A
Volatility
ATR(14)11.14
ATR(20)%3.81%
ATR Inc-30%
Range Today0
ADR(20)9.7
ADR(20)%3.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.82
Mansfield3.27
10 Day High276
10 Day Low230
20 Day High276
20 Day Low215
52 Week High276
52 Week Low130
CS1 End231.1
CR1 Start261.5
Volume & EV
DER(3)-3.54%
DER(5)-2.43%
Volume16
Volume Incr-59.43%
Vol(5)3.52K
Vol(50)5.54K