NORBIT ASA (NORBT.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:NORBT - NO0010856511 - Common Stock
180.2 NOK
+4 (+2.27%)
We assign a technical rating of 5 out of 10 to NORBT. Although NORBT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Looking at the yearly performance, NORBT did better than 88% of all other stocks. We also observe that the gains produced by NORBT over the past year are nicely spread over this period.
- NORBT is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 79% of 55 stocks in the same industry.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- NORBT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NORBT is lagging the market.
- In the last month NORBT has a been trading in the 168.60 - 194.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NORBT has an average technical rating and the quality of the presented setup is also not ideal at the moment. Prices have been consolidating lately.
More info and screens
150.26
216.14
We found 3 important support areas.
- A support zone ranging from 176.19 to 177.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @166.19 from a horizontal line in the daily time frame.
- Support @151.78 from a trend line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 181.45 to 185.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 190.93 to 194.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @200.70 from a trend line in the daily time frame.
- A resistance zone ranging from 208.50 to 208.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @214.00 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 | NEUTRAL | NEUTRAL | The long term trend for NORBT.OL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NORBT.OL is neutral. |
| ChartMill Relative Strength | 88.63 | POSITIVE | NORBT.OL has a high relative strength, it outperformed 88.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NORBT.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NORBT.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NORBT.OL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.86 | NEUTRAL | The RSI value for NORBT.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests NORBT.OL has a negative trend. |
| Stochastics (14,3) | 44.34 | NEUTRAL | The Stochastics value for NORBT.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.46 | MEDIUM VOLATILITY | The ATR as a percentage value for NORBT.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 13.26 | NEGATIVE | The low ADX value for NORBT.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:NORBT (1/15/2026, 4:19:59 PM)
180.2
+4 (+2.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg2.27%
1 Week-6.97%
2 Weeks-4.03%
1 Month-1.67%
3 Month-6.48%
6 Month-20.99%
12 Month89.46%
2 Year198.64%
3 Year462.94%
5 Year772.28%
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.72
ATR(20)%3.46%
ATR Inc34.13%
Range Today6.3
ADR(20)5.72
ADR(20)%3.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.63
3 months CRS15.13
6 months CRS8.93
Mansfield-0.67
10 Day High194.8
10 Day Low172.8
20 Day High194.8
20 Day Low168.6
52 Week High228
52 Week Low92.5
CS1 End176.19
CR1 Start177.34
Volume & EV
DER(3)3%
DER(5)2.34%
Volume47.76K
Volume Incr93.38%
Vol(5)228.73K
Vol(50)136.92K
NORBIT ASA / NORBT.OL FAQ
What is the ChartMill technical rating of NORBIT ASA (NORBT.OL) stock?
ChartMill assigns a technical rating of 5 / 10 to NORBT.OL.
Can you provide the trend direction for NORBIT ASA?
The current trend direction for NORBIT ASA (NORBT.OL) is Bearish.
What is the RSI signal for NORBIT ASA (NORBT.OL) stock?
NORBIT ASA (NORBT.OL) has an RSI value of 43.8619. This indicates that the stock is currently neutral.
What are the support and resistance levels for NORBIT ASA (NORBT.OL) stock?
NORBIT ASA (NORBT.OL) has a support level at 176.19 and a resistance level at 177.34. Check the full technical report for our detailed analysis of NORBT.OL support and resistance levels.