NORDIC SEMICONDUCTOR ASA (NOD.OL) Stock Technical Analysis
OSL:NOD - Euronext Oslo - NO0003055501 - Common Stock - Currency: NOK
We assign a technical rating of 5 out of 10 to NOD. Although NOD is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, NOD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 126.90. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 125.01, a Stop Loss order could be placed below this zone.
More info and screens
103.32
We found 3 important support areas.
- A support zone ranging from 120.07 to 125.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @107.62 from a trend line in the weekly time frame.
- Support @104.36 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @126.90 from a horizontal line in the daily time frame.
- Resistance @156.35 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 | UP | POSITIVE | The long term trend for NOD.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NOD.OL is up. |
| ChartMill Relative Strength | 27.06 | NEGATIVE | NOD.OL has a low relative strength, it was outperformed by 72.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NOD.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NOD.OL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NOD.OL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.68 | NEUTRAL | The RSI value for NOD.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.61 | POSITIVE | The MACD value suggests NOD.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.64 | NEUTRAL | The Stochastics value for NOD.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.83 | MEDIUM VOLATILITY | The ATR as a percentage value for NOD.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 13.69 | NEGATIVE | The low ADX value for NOD.OL suggests a weak or negative trend. |
OSL:NOD (5/30/2025, 7:00:00 PM)
125.1
+0.9 (+0.72%)