NORDIC MINING ASA (NOM.OL) Stock Technical Analysis
OSL:NOM - Euronext Oslo - NO0013162693 - Common Stock - Currency: NOK
Overall NOM gets a technical rating of 6 out of 10. In the past year, NOM was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month NOM has a been trading in the 19.54 - 24.20 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When compared to the yearly performance of all other stocks, NOM outperforms 47% of them, which is more or less in line with the market.
NOM is an average performer in the Metals & Mining industry, it outperforms 61% of 37 stocks in the same industry.
NOM 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 NOM is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
20.20
24.45
We found 1 important support area.
- A support zone ranging from 20.40 to 20.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 23.35 to 23.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 24.17 to 24.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 NOM.OL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NOM.OL is up. |
| ChartMill Relative Strength | 47.13 | NEUTRAL | NOM.OL is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of NOM.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.21 | NEUTRAL | The RSI value for NOM.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests NOM.OL has a positive trend. |
| Stochastics (14,3) | 81.32 | OVERBOUGHT | The high Stochastics value suggests NOM.OL may be overbought. |
| Average True Range in percent/ATR (20) | 4.22 | MEDIUM VOLATILITY | The ATR as a percentage value for NOM.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 21.28 | NEUTRAL | The ADX value for NOM.OL suggests a possible start of a new 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:NOM (5/30/2025, 7:00:00 PM)
23.25
-0.2 (-0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.85%
1 Week14.46%
2 Weeks9.11%
1 Month11.99%
3 Month1.19%
6 Month-8.09%
12 Month0.49%
2 Year3932.82%
3 Year584.75%
5 Year1323.78%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.14
ATR(20)%4.22%
ATR Inc-29.18%
Range Today0.65
ADR(20)0.89
ADR(20)%3.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.13
Mansfield-0.21
10 Day High24.2
10 Day Low20.05
20 Day High24.2
20 Day Low19.54
52 Week High28.57
52 Week Low16.5
CS1 End20.94
CR1 Start23.35
Volume & EV
DER(3)-0.42%
DER(5)-0.33%
Volume425.86K
Volume Incr150.39%
Vol(5)557.75K
Vol(50)332.59K