NORCONSULT AS (NORCO.OL) Stock Technical Analysis
OSL:NORCO - Euronext Oslo - NO0013052209 - Common Stock - Currency: NOK
We assign a technical rating of 1 out of 10 to NORCO. NORCO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month NORCO has a been trading in the 42.70 - 46.95 range, which is quite wide. It is currently trading near the lows of this range.
NORCO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NORCO is lagging the market slightly.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, NORCO turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
NORCO is part of the Construction & Engineering industry. There are 46 other stocks in this industry, NORCO did better than 51% of them.
NORCO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 43.39, a Stop Loss order could be placed below this zone.
More info and screens
40.39
48.49
When analyzing the support we can see 2 important areas.
- A support zone ranging from 42.69 to 43.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @40.80 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 44.22 to 45.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @46.80 from a horizontal line in the daily time frame.
- A resistance zone ranging from 48.01 to 48.01. 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 | NEUTRAL | NEUTRAL | The long term trend for NORCO.OL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NORCO.OL is down. |
| ChartMill Relative Strength | 65.18 | NEUTRAL | NORCO.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NORCO.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NORCO.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NORCO.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.44 | NEUTRAL | The RSI value for NORCO.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests NORCO.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.75 | OVERSOLD | The low Stochastics value suggests NORCO.OL may be oversold. |
| Average True Range in percent/ATR (20) | 2.21 | MEDIUM VOLATILITY | The ATR as a percentage value for NORCO.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 13.43 | NEGATIVE | The low ADX value for NORCO.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:NORCO (7/24/2025, 4:19:53 PM)
43.4
+0.7 (+1.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg1.64%
1 Week-2.36%
2 Weeks-4.3%
1 Month-2.14%
3 Month-5.34%
6 Month-3.02%
12 Month31.52%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.98
ATR(20)%2.21%
ATR Inc26%
Range Today0.8
ADR(20)0.94
ADR(20)%2.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.18
Mansfield-0.43
10 Day High46
10 Day Low42.7
20 Day High46.95
20 Day Low42.7
52 Week High48.4
52 Week Low29.1
CS1 End43.39
CR1 Start44.22
Volume & EV
DER(3)0.09%
DER(5)0.78%
Volume87.26K
Volume Incr-30.41%
Vol(5)139.87K
Vol(50)211.80K