Europe - OSL:MORLD - NO0013325506 - Common Stock
We assign a technical rating of 5 out of 10 to MORLD. In the last year, MORLD was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, MORLD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 17.80. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.79, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
16.16
When analyzing the support we notice one important area.
We found 1 important resistance area.
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 MORLD.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MORLD.OL is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | MORLD.OL has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MORLD.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MORLD.OL is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 56.03 | NEUTRAL | The RSI value for MORLD.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests MORLD.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.73 | OVERBOUGHT | The high Stochastics value suggests MORLD.OL may be overbought. |
| Average True Range in percent/ATR (20) | 3.58 | MEDIUM VOLATILITY | The ATR as a percentage value for MORLD.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 10.52 | NEGATIVE | The low ADX value for MORLD.OL suggests a weak or negative trend. |
OSL:MORLD (11/13/2025, 10:39:21 AM)
17.66
-0.1 (-0.56%)
ChartMill assigns a technical rating of 5 / 10 to MORLD.OL.
The current trend direction for MORELD ASA (MORLD.OL) is Bullish.
MORELD ASA (MORLD.OL) has an RSI value of 56.0264. This indicates that the stock is currently neutral.
The short term momentum for MORELD ASA (MORLD.OL) is positive.
The buy/sell signal for MORELD ASA (MORLD.OL) is buy as both the short term and long term trends are positive.