NORBIT ASA (NORBT.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:NORBT - NO0010856511 - Common Stock
We assign a technical rating of 7 out of 10 to NORBT. In the past year, NORBT was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
Although NORBT has an excellent technical rating, it does not present a decent entry opportunity 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.
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149.25
We found 5 important support areas.
- Support @192.17 from a trend line in the weekly time frame.
- A support zone ranging from 181.31 to 185.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 176.79 to 177.97. 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 @150.76 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- Resistance @194.01 from a horizontal line in the daily time frame.
- Resistance @201.29 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 | UP | POSITIVE | The short term trend for NORBT.OL is up. |
| ChartMill Relative Strength | 93.14 | POSITIVE | NORBT.OL has a high relative strength, it outperformed 93.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NORBT.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NORBT.OL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NORBT.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.68 | NEUTRAL | The RSI value for NORBT.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.69 | POSITIVE | The MACD value suggests NORBT.OL has a positive trend. |
| Stochastics (14,3) | 91.06 | OVERBOUGHT | The high Stochastics value suggests NORBT.OL may be overbought. |
| Average True Range in percent/ATR (20) | 2.96 | MEDIUM VOLATILITY | The ATR as a percentage value for NORBT.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 13.81 | NEGATIVE | The low ADX value for NORBT.OL suggests a weak or negative trend. |
OSL:NORBT (1/9/2026, 7:00:00 PM)
194
+5.8 (+3.08%)
NORBIT ASA / NORBT.OL FAQ
What is the ChartMill technical rating of NORBIT ASA (NORBT.OL) stock?
ChartMill assigns a technical rating of 7 / 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 63.6767. 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 192.17 and a resistance level at 194.01. Check the full technical report for our detailed analysis of NORBT.OL support and resistance levels.