NORDIC MINING ASA (NOM.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:NOM - NO0013162693 - Common Stock
Overall NOM gets a technical rating of 4 out of 10. In the past year, NOM was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
NOM has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
14.43
When analyzing the support we can see 3 important areas.
- A support zone ranging from 17.01 to 17.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 15.91 to 16.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.58 to 14.62. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for NOM.OL is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NOM.OL is up. |
| ChartMill Relative Strength | 12.56 | NEGATIVE | NOM.OL has a low relative strength, it was outperformed by 87.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NOM.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NOM.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NOM.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 69.49 | NEUTRAL | The RSI value for NOM.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests NOM.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.79 | OVERBOUGHT | The high Stochastics value suggests NOM.OL may be overbought. |
| Average True Range in percent/ATR (20) | 2.79 | MEDIUM VOLATILITY | The ATR as a percentage value for NOM.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 34.53 | POSITIVE | The high ADX value value for NOM.OL suggests a strong trend. |
OSL:NOM (12/18/2025, 1:22:10 PM)
17.32
+0.32 (+1.88%)
NORDIC MINING ASA / NOM.OL FAQ
What is the technical rating for NOM stock?
ChartMill assigns a technical rating of 4 / 10 to NOM.OL.
Can you provide the trend direction for NORDIC MINING ASA?
The current trend direction for NORDIC MINING ASA (NOM.OL) is Bearish.
Can you provide the RSI signal for NORDIC MINING ASA?
NORDIC MINING ASA (NOM.OL) has an RSI value of 69.4908. This indicates that the stock is currently neutral.
What is the short term momentum for NORDIC MINING ASA (NOM.OL) stock?
The short term momentum for NORDIC MINING ASA (NOM.OL) is positive.
What is the buy/sell signal for NOM stock?
The buy/sell signal for NORDIC MINING ASA (NOM.OL) is hold as the short term and long term trends are mixed.