NEKKAR ASA (NKR.OL) Stock Technical Analysis
OSL:NKR - Euronext Oslo - NO0003049405 - Common Stock - Currency: NOK
We assign a technical rating of 1 out of 10 to NKR. NKR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, NKR is a bad performer in the overall market: 85% of all stocks are doing better.
NKR is one of the lesser performing stocks in the Machinery industry. 65% of 107 stocks in the same industry do better.
In the last month NKR has a been trading in the 9.90 - 10.50 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
NKR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NKR is lagging the market.
NKR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 10.20, a Stop Loss order could be placed below this zone.
More info and screens
9.06
11.72
We found 3 important support areas.
- A support zone ranging from 10.04 to 10.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @9.30 from a horizontal line in the daily time frame.
- Support @9.15 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 10.22 to 10.55. 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.
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 | 15.19 | NEGATIVE | NKR.OL has a low relative strength, it was outperformed by 84.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NKR.OL is below 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 | NEGATIVE | The current price of NKR.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.38 | NEUTRAL | The RSI value for NKR.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NKR.OL has a positive trend. |
| Stochastics (14,3) | 46.67 | 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) | 17 | 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 (7/11/2025, 7:00:00 PM)
10.2
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0%
1 Week-1.45%
2 Weeks0.49%
1 Month-1.92%
3 Month-7.27%
6 Month6.03%
12 Month-12.07%
2 Year63.2%
3 Year29.11%
5 Year180.22%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%2.21%
ATR Inc-8.7%
Range Today0.35
ADR(20)0.22
ADR(20)%2.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.19
Mansfield-0.87
10 Day High10.5
10 Day Low10
20 Day High10.5
20 Day Low9.9
52 Week High12.1
52 Week Low8.52
CS1 End10.2
CR1 Start10.22
Volume & EV
DER(3)0%
DER(5)0.65%
Volume18.09K
Volume Incr24%
Vol(5)28.94K
Vol(50)46.74K