NORDIC MINING ASA (NOM.OL) Stock Technical Analysis
Europe - OSL:NOM - NO0013162693 - Common Stock
Overall NOM gets a technical rating of 1 out of 10. NOM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, NOM 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 13.76, a Stop Loss order could be placed below this zone.
More info and screens
13.55
When analyzing the support we can see 2 important areas.
- A support zone ranging from 14.38 to 14.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 13.69 to 13.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @14.77 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 15.05 to 15.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @23.90 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for NOM.OL is neutral. |
| ChartMill Relative Strength | 6.36 | NEGATIVE | NOM.OL has a low relative strength, it was outperformed by 93.64% 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) | DOWN | NEGATIVE | The current price of NOM.OL is below a declining 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) | 50.16 | NEUTRAL | The RSI value for NOM.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests NOM.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 37.19 | NEUTRAL | The Stochastics value for NOM.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.26 | MEDIUM VOLATILITY | The ATR as a percentage value for NOM.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 22.7 | NEUTRAL | The ADX value for NOM.OL suggests a possible start of a new trend. |
OSL:NOM (11/20/2025, 4:14:17 PM)
14.68
+0.04 (+0.27%)
NORDIC MINING ASA / NOM.OL FAQ
What is the technical rating for NOM stock?
ChartMill assigns a technical rating of 1 / 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 50.1635. 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 neutral.