NORSK HYDRO ASA (NHY.OL) Technical Analysis
OSL:NHY • NO0005052605
Current stock price
102.9 NOK
+0.4 (+0.39%)
Last:
NHY.OL Technical Rating and Analysis
Overall NHY gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NHY is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that NHY is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, NHY also shows a nice and consistent pattern of rising prices.
- NHY is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so NHY is leading the market.
- In the last month NHY has a been trading in the 83.72 - 103.55 range, which is quite wide. It is currently trading near the high of this range.
- NHY has an average volume of 4931850 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 62% 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 offer a high quality setup 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
75.53
103.93
When analyzing the support we can see 5 important areas.
- A support zone ranging from 102.49 to 102.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 91.10 to 92.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @87.08 from a trend line in the daily time frame.
- Support @82.52 from a horizontal line in the daily time frame.
- Support @76.29 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 | 94.18 | POSITIVE | NHY.OL has a high relative strength, it outperformed 94.18% 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) | 69.36 | NEUTRAL | The RSI value for NHY.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.01 | POSITIVE | The MACD value suggests NHY.OL has a positive trend. |
| Stochastics (14,3) | 85.22 | OVERBOUGHT | The high Stochastics value suggests NHY.OL may be overbought. |
| Average True Range in percent/ATR (20) | 3.77 | MEDIUM VOLATILITY | The ATR as a percentage value for NHY.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 16.21 | NEGATIVE | The low ADX value for NHY.OL suggests a weak or negative trend. |
NHY.OL Chart- and CandleStick Pattern Analysis
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)
NHY.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:NHY (4/1/2026, 11:27:01 AM)
102.9
+0.4 (+0.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.39%
1 Week16.74%
2 Weeks9.6%
1 Month17.12%
3 Month29%
6 Month47.74%
12 Month90.24%
2 Year72.56%
3 Year31.75%
5 Year87.18%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.91
ATR(20)%3.77%
ATR Inc75.21%
Range Today2.05
ADR(20)3.47
ADR(20)%3.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.18
3 months CRS92.75
6 months CRS93.3
Mansfield4.36
10 Day High103.55
10 Day Low83.72
20 Day High103.55
20 Day Low83.72
52 Week High103.55
52 Week Low50.6
CS1 End92.02
CR1 StartN/A
Volume & EV
DER(3)-0.66%
DER(5)-0.7%
Volume806.53K
Volume Incr-2.14%
Vol(5)5.40M
Vol(50)4.93M
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 69.3556. 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.