MORELD ASA (MORLD.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:MORLD - NO0013325506 - Common Stock
Taking everything into account, MORLD scores 1 out of 10 in our technical rating. In the last year, MORLD was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- 100% of all other stocks performed better in the past year than MORLD.
- MORLD is one of the lesser performing stocks in the Construction & Engineering industry. 80% of 43 stocks in the same industry do better.
- In the last month MORLD has a been trading in the 15.48 - 19.62 range, which is quite wide. It is currently trading near the lows of this range.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- Volume is considerably higher in the last couple of days.
The technical rating of MORLD is bad and it also does not present a quality setup 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
15.48
We found 2 important support areas.
- Support @15.96 from a horizontal line in the weekly time frame.
- A support zone ranging from 15.64 to 15.69. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 16.68 to 16.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 17.27 to 17.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.81 from a trend line in the daily 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 MORLD.OL is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MORLD.OL is down. |
| 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) | DOWN | NEGATIVE | The current price of MORLD.OL is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 41.36 | NEUTRAL | The RSI value for MORLD.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests MORLD.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.57 | NEUTRAL | The Stochastics value for MORLD.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.69 | MEDIUM VOLATILITY | The ATR as a percentage value for MORLD.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 20.35 | NEUTRAL | The ADX value for MORLD.OL suggests a possible start of a new trend. |
OSL:MORLD (1/21/2026, 11:17:39 AM)
16.34
-0.14 (-0.85%)
MORELD ASA / MORLD.OL FAQ
Can you provide the ChartMill technical rating for MORELD ASA?
ChartMill assigns a technical rating of 1 / 10 to MORLD.OL.
What is the trend direction for MORLD stock?
The current trend direction for MORELD ASA (MORLD.OL) is Bullish.
What is the RSI signal for MORELD ASA (MORLD.OL) stock?
MORELD ASA (MORLD.OL) has an RSI value of 41.3618. This indicates that the stock is currently neutral.
What is the MACD signal for MORLD stock?
The MACD indicator for MORELD ASA (MORLD.OL) has a value of -0.131979, indicating a bearish trend.
What is the support and resistance level for MORLD stock?
MORELD ASA (MORLD.OL) has a support level at 15.96 and a resistance level at 16.68. Check the full technical report for our detailed analysis of MORLD.OL support and resistance levels.