MORELD ASA (MORLD.OL) Stock Technical Analysis
OSL:MORLD - NO0013325506 - Common Stock
17.24 NOK
-0.16 (-0.92%)
Taking everything into account, MORLD scores 3 out of 10 in our technical rating. MORLD performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, MORLD is a bad performer in the overall market: 100% of all stocks are doing better.
MORLD is part of the Construction & Engineering industry. There are 42 other stocks in this industry, of which 80% are performing better than MORLD.
MORLD is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Considerably lower volume is observed in the last couple of days.
MORLD has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 17.35, a Stop Loss order could be placed below this zone.
More info and screens
17.03
18.16
When analyzing the support we notice one important area.
- Support @17.20 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 17.35 to 17.98. This zone is formed by a combination of multiple trend lines and important moving averages 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 MORLD.OL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MORLD.OL is neutral. |
| 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) | DOWN | NEGATIVE | The current price of MORLD.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MORLD.OL is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 41.47 | NEUTRAL | The RSI value for MORLD.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests MORLD.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.61 | NEUTRAL | The Stochastics value for MORLD.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.11 | MEDIUM VOLATILITY | The ATR as a percentage value for MORLD.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 12.63 | NEGATIVE | The low ADX value for MORLD.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:MORLD (9/11/2025, 7:00:00 PM)
17.24
-0.16 (-0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-0.92%
1 Week-0.91%
2 Weeks-2.47%
1 Month-11.52%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.65
ATR(20)%4.11%
ATR Inc-41.3%
Range Today0.7
ADR(20)0.71
ADR(20)%4.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High18.96
10 Day Low17.04
20 Day High19.98
20 Day Low17.04
52 Week HighN/A
52 Week LowN/A
CS1 End17.35
CR1 Start17.59
Volume & EV
DER(3)-1.84%
DER(5)-0.98%
Volume130.80K
Volume Incr-66.02%
Vol(5)86.43K
Vol(50)258.32K