NORCONSULT AS (NORCO.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:NORCO - NO0013052209 - Common Stock
Overall NORCO gets a technical rating of 1 out of 10. NORCO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, NORCO is a bad performer in the overall market: 79% of all stocks are doing better.
- NORCO is part of the Construction & Engineering industry. There are 43 other stocks in this industry, of which 66% are performing better than NORCO.
- In the last month NORCO has a been trading in the 43.20 - 46.00 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- NORCO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NORCO is lagging the market.
Although the technical rating is bad, NORCO does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 43.64, a Stop Loss order could be placed below this zone.
More info and screens
41.53
2 important support areas can be observed.
- A support zone ranging from 43.29 to 43.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 41.95 to 42.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 44.09 to 46.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 48.00 to 48.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 48.91 to 49.26. 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 | DOWN | NEGATIVE | The long term trend for NORCO.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NORCO.OL is down. |
| ChartMill Relative Strength | 21.4 | NEGATIVE | NORCO.OL has a low relative strength, it was outperformed by 78.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NORCO.OL is below the rising 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) | DOWN | NEGATIVE | The current price of NORCO.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.66 | NEUTRAL | The RSI value for NORCO.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests NORCO.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.93 | OVERSOLD | The low Stochastics value suggests NORCO.OL may be oversold. |
| Average True Range in percent/ATR (20) | 1.62 | LOW VOLATILITY | The low ATR as a percentage value for NORCO.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 19.91 | NEGATIVE | The low ADX value for NORCO.OL suggests a weak or negative trend. |
OSL:NORCO (1/15/2026, 4:19:50 PM)
43.7
+0.05 (+0.11%)
NORCONSULT AS / NORCO.OL FAQ
What is the technical rating for NORCO stock?
ChartMill assigns a technical rating of 1 / 10 to NORCO.OL.
What is the trend direction for NORCO stock?
The current trend direction for NORCONSULT AS (NORCO.OL) is Bearish.
What is the RSI signal for NORCONSULT AS (NORCO.OL) stock?
NORCONSULT AS (NORCO.OL) has an RSI value of 43.6555. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NORCONSULT AS?
The MACD indicator for NORCONSULT AS (NORCO.OL) has a value of -0.0762483, indicating a bearish trend.
What is the buy/sell signal for NORCO stock?
The buy/sell signal for NORCONSULT AS (NORCO.OL) is sell as both the short term and long term trends are negative.