NEKKAR ASA (NKR.OL) Stock Technical Analysis
OSL:NKR - Euronext Oslo - NO0003049405 - Common Stock - Currency: NOK
Overall NKR gets a technical rating of 1 out of 10. NKR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
67% of all other stocks performed better in the past year than NKR.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
NKR is part of the Machinery industry. There are 108 other stocks in this industry, NKR did better than 54% of them.
NKR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NKR is lagging the market slightly.
In the last month NKR has a been trading in the 9.90 - 10.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, NKR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 10.29, a Stop Loss order could be placed below this zone.
More info and screens
9.06
11.93
3 important support areas can be observed.
- A support zone ranging from 9.98 to 10.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.54 from a horizontal line in the daily time frame.
- Support @9.15 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 10.32 to 10.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.60 from a horizontal line in the weekly time frame.
- Resistance @11.81 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for NKR.OL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NKR.OL is neutral. |
| ChartMill Relative Strength | 33.42 | NEUTRAL | NKR.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NKR.OL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NKR.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NKR.OL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.99 | NEUTRAL | The RSI value for NKR.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests NKR.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.61 | NEUTRAL | The Stochastics value for NKR.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.21 | MEDIUM VOLATILITY | The ATR as a percentage value for NKR.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 18.7 | NEGATIVE | The low ADX value for NKR.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:NKR (6/20/2025, 3:25:13 PM)
10.3
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0%
1 Week-0.96%
2 Weeks1.48%
1 Month0%
3 Month-12.71%
6 Month4.04%
12 Month5.1%
2 Year65.33%
3 Year30.88%
5 Year190.14%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%2.21%
ATR Inc-58.21%
Range Today0.1
ADR(20)0.21
ADR(20)%2.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.42
Mansfield-0.44
10 Day High10.55
10 Day Low10.05
20 Day High10.55
20 Day Low9.9
52 Week High12.6
52 Week Low8.52
CS1 End10.29
CR1 Start10.32
Volume & EV
DER(3)0%
DER(5)0%
Volume1.95K
Volume Incr-74.48%
Vol(5)6.87K
Vol(50)65.81K