NORSK HYDRO ASA (NHY.OL) Stock Technical Analysis
Europe - OSL:NHY - NO0005052605 - Common Stock
67.78 NOK
-3.1 (-4.37%)
We assign a technical rating of 8 out of 10 to NHY. Although NHY is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
NHY is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NHY is lagging the market slightly.
NHY has an average volume of 3468160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, NHY outperforms 51% of them, which is more or less in line with the market.
NHY is an average performer in the Metals & Mining industry, it outperforms 42% of 43 stocks in the same industry.
In the last month NHY has a been trading in the 65.34 - 71.62 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although NHY has an excellent technical rating, it does not present a decent entry opportunity 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
63.72
73.25
We found 1 important support area.
- A support zone ranging from 64.36 to 67.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 68.75 to 69.65. 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 70.89 to 72.52. 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 NHY.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NHY.OL is up. |
| ChartMill Relative Strength | 51.26 | NEUTRAL | NHY.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NHY.OL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NHY.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NHY.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.88 | NEUTRAL | The RSI value for NHY.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests NHY.OL has a positive trend. |
| Stochastics (14,3) | 60.22 | NEUTRAL | The Stochastics value for NHY.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.09 | MEDIUM VOLATILITY | The ATR as a percentage value for NHY.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 24.59 | NEUTRAL | The ADX value for NHY.OL suggests a possible start of a new 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:NHY (10/24/2025, 2:04:16 PM)
67.78
-3.1 (-4.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-4.37%
1 Week1.34%
2 Weeks1.55%
1 Month6.68%
3 Month11.06%
6 Month25.45%
12 Month3.44%
2 Year11.31%
3 Year7.43%
5 Year165.17%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.5
ATR(20)%2.09%
ATR Inc-1.1%
Range Today2.64
ADR(20)1.35
ADR(20)%1.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.26
3 months CRS72.61
6 months CRS76.8
Mansfield0.05
10 Day High70.88
10 Day Low68
20 Day High71.62
20 Day Low65.34
52 Week High73.36
52 Week Low50.6
CS1 End69.65
CR1 Start70.89
Volume & EV
DER(3)-3.32%
DER(5)-1.72%
Volume2.61M
Volume Incr-5.81%
Vol(5)3.57M
Vol(50)3.47M