NORSK HYDRO ASA (NHY.OL) Technical Analysis
OSL:NHY • NO0005052605
Current stock price
NHY.OL Technical Rating and Analysis
Overall NHY gets a technical rating of 10 out of 10. Both in the recent history as in the last year, NHY has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, NHY did better than 93% of all other stocks. On top of that, NHY also shows a nice and consistent pattern of rising prices.
- A new 52 week high is currently being made by NHY, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so NHY is leading the market.
- In the last month NHY has a been trading in the 83.72 - 103.70 range, which is quite wide. It is currently trading near the high of this range.
- NHY has an average volume of 4910610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- NHY is an average performer in the Metals & Mining industry, it outperforms 56% of 38 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
NHY.OL Weekly and Daily overview Charts
NHY.OL Setup Rating and Analysis
Although NHY has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
NHY.OL Support and Resistance Analysis
75.62
We found 3 important support areas.
- Support @87.27 from a trend line in the daily time frame.
- Support @82.52 from a horizontal line in the daily time frame.
- Support @76.38 from a trend line in the daily time frame.
NHY.OL Technical Indicator Signal Analysis
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 | 93.21 | POSITIVE | NHY.OL has a high relative strength, it outperformed 93.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NHY.OL is above 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) | 69.46 | NEUTRAL | The RSI value for NHY.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.24 | POSITIVE | The MACD value suggests NHY.OL has a positive trend. |
| Stochastics (14,3) | 96.4 | OVERBOUGHT | The high Stochastics value suggests NHY.OL may be overbought. |
| Average True Range in percent/ATR (20) | 3.62 | MEDIUM VOLATILITY | The ATR as a percentage value for NHY.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 17.77 | NEGATIVE | The low ADX value for NHY.OL suggests a weak or negative trend. |
NHY.OL Chart- and CandleStick Pattern Analysis
NHY.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:NHY (4/1/2026, 7:00:00 PM)
102.6
+0.1 (+0.1%)
NORSK HYDRO ASA / NHY.OL TA FAQ
What is the technical rating for NHY stock?
ChartMill assigns a technical rating of 10 / 10 to NHY.OL.
What is the current trend direction of NORSK HYDRO ASA (NHY.OL) stock?
The current trend direction for NORSK HYDRO ASA (NHY.OL) is Bullish.
What is the RSI signal for NHY stock?
NORSK HYDRO ASA (NHY.OL) has an RSI value of 69.461. This indicates that the stock is currently neutral.
What is the short term momentum for NHY stock?
The short term momentum for NORSK HYDRO ASA (NHY.OL) is positive.
Can you provide the buy/sell signal for NORSK HYDRO ASA?
The buy/sell signal for NORSK HYDRO ASA (NHY.OL) is buy as both the short term and long term trends are positive.