NORCONSULT AS (NORCO.OL) Stock Technical Analysis
OSL:NORCO • NO0013052209
Overall NORCO gets a technical rating of 0 out of 10. NORCO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 83% of all other stocks performed better in the past year than NORCO.
- NORCO is one of the lesser performing stocks in the Construction & Engineering industry. 71% of 46 stocks in the same industry do better.
- NORCO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month NORCO has a been trading in the 39.60 - 46.55 range, which is quite wide. It is currently trading near the lows of this range.
- Volume is considerably higher in the last couple of days.
NORCO has a poor technical rating and the quality of the setup is also only medium 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
40.38
When analyzing the support we notice one important area.
- Support @40.79 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 43.41 to 43.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 44.85 to 46.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @48.00 from a horizontal line in the weekly 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 | 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 | 17.67 | NEGATIVE | NORCO.OL has a low relative strength, it was outperformed by 82.33% off all stocks 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) | DOWN | NEGATIVE | The current price of NORCO.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.69 | NEUTRAL | The RSI value for NORCO.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests NORCO.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.39 | OVERSOLD | The low Stochastics value suggests NORCO.OL may be oversold. |
| Average True Range in percent/ATR (20) | 3.11 | MEDIUM VOLATILITY | The ATR as a percentage value for NORCO.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 22.43 | NEUTRAL | The ADX value for NORCO.OL suggests a possible start of a new trend. |
OSL:NORCO (2/20/2026, 7:00:00 PM)
40.8
-0.05 (-0.12%)
NORCONSULT AS / NORCO.OL FAQ
What is the technical rating for NORCO stock?
ChartMill assigns a technical rating of 0 / 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 35.6926. 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 -0.369438, 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.