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.
When comparing the yearly performance of all stocks, we notice that NORBT is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by NORBT over the past year are nicely spread over this period.
NORBT is part of the Electronic Equipment, Instruments & Components industry. There are 50 other stocks in this industry. NORBT outperforms 97% of them.
NORBT is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so NORBT is leading the market.
In the last month NORBT has a been trading in the 182.00 - 225.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although NORBT has an excellent technical rating, it 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
117.06
220.70
We found 3 important support areas.
- Support @187.99 from a horizontal line in the daily time frame.
- A support zone ranging from 121.30 to 121.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @118.24 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 213.99 to 218.51. 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 | UP | POSITIVE | The long term trend for NORBT.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NORBT.OL is up. |
| ChartMill Relative Strength | 98.8 | POSITIVE | NORBT.OL has a high relative strength, it outperformed 98.8% 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) | UP | POSITIVE | The current price of NORBT.OL is above the rising 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) | 71.41 | OVERBOUGHT | The high RSI value suggests NORBT.OL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests NORBT.OL has a negative trend. |
| Stochastics (14,3) | 71.67 | NEUTRAL | The Stochastics value for NORBT.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.88 | MEDIUM VOLATILITY | The ATR as a percentage value for NORBT.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 50.64 | POSITIVE | The high ADX value value for NORBT.OL suggests a strong 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 (6/19/2025, 4:19:51 PM)
211.5
-2.5 (-1.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-1.17%
1 Week7%
2 Weeks9.07%
1 Month18.76%
3 Month70.65%
6 Month131.6%
12 Month179.37%
2 Year308.4%
3 Year735.94%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)8.25
ATR(20)%3.88%
ATR Inc42.79%
Range Today5
ADR(20)7.83
ADR(20)%3.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.8
Mansfield8.51
10 Day High225
10 Day Low193.4
20 Day High225
20 Day Low182
52 Week High225
52 Week Low71
CS1 End187.99
CR1 StartN/A
Volume & EV
DER(3)-2.47%
DER(5)-2.89%
Volume65.43K
Volume Incr-32.5%
Vol(5)195.58K
Vol(50)205.15K