NORBIT ASA (NORBT.OL) Stock Technical Analysis
OSL:NORBT - Euronext Oslo - NO0010856511 - Common Stock - Currency: NOK
Overall NORBT gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NORBT is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, NORBT did better than 97% of all other stocks. On top of that, NORBT also shows a nice and consistent pattern of rising prices.
NORBT is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 100% of 48 stocks in the same industry.
A new 52 week high is currently being made by NORBT, which is a very good signal! Especially since the S&P500 is only trading in the middle part of its 52 week range, so NORBT is leading the market.
In the last month NORBT has a been trading in the 97.10 - 149.60 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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.
More info and screens
89.30
149.48
We found 4 important support areas.
- A support zone ranging from 111.63 to 115.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @103.21 from a trend line in the daily time frame.
- Support @94.00 from a horizontal line in the daily time frame.
- Support @90.20 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.5
Mansfield5.08
10 Day High149.6
10 Day Low122.8
20 Day High149.6
20 Day Low97.1
52 Week High149.6
52 Week Low58.6
Performance
1 Week6.5%
2 Weeks15.54%
1 Month19.37%
3 Month38.65%
6 Month54.56%
12 Month109.9%
2 Year163.14%
3 Year424.36%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)1.98
RSI(14)69.84
LBB114.1
UBB150.93
OSL:NORBT (5/6/2025, 11:10:12 AM)
148
+3.8 (+2.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg2.64%
1 Week6.5%
2 Weeks15.54%
1 Month19.37%
3 Month38.65%
6 Month54.56%
12 Month109.9%
2 Year163.14%
3 Year424.36%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.71
ATR(20)%4.49%
ATR Inc7.69%
Range Today2.8
ADR(20)6.02
ADR(20)%4.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.5
Mansfield5.08
10 Day High149.6
10 Day Low122.8
20 Day High149.6
20 Day Low97.1
52 Week High149.6
52 Week Low58.6
CS1 End115.2
CR1 StartN/A
Volume & EV
DER(3)-7.37%
DER(5)-3.5%
Volume18.31K
Volume Incr-21.61%
Vol(5)95.71K
Vol(50)104.89K