NORCONSULT AS (NORCO.OL) Stock Technical Analysis
Europe - OSL:NORCO - NO0013052209 - Common Stock
46.9 NOK
+0.3 (+0.64%)
We assign a technical rating of 6 out of 10 to NORCO. In the last year, NORCO was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month NORCO has a been trading in the 46.40 - 49.60 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.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
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.
When compared to the yearly performance of all other stocks, NORCO outperforms 68% of them, which is more or less in line with the market.
NORCO is an average performer in the Construction & Engineering industry, it outperforms 54% of 43 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
NORCO has an average technical rating and it also 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
41.18
49.75
When analyzing the support we can see 4 important areas.
- A support zone ranging from 46.00 to 46.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @44.95 from a horizontal line in the daily time frame.
- A support zone ranging from 42.80 to 42.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 41.60 to 42.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 47.58 to 48.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 48.91 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 | UP | POSITIVE | The long term trend for NORCO.OL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NORCO.OL is neutral. |
| ChartMill Relative Strength | 68.84 | 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) | UP | POSITIVE | The current price of NORCO.OL is above the rising 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) | 44.99 | NEUTRAL | The RSI value for NORCO.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests NORCO.OL has a negative trend. |
| Stochastics (14,3) | 16.27 | OVERSOLD | The low Stochastics value suggests NORCO.OL may be oversold. |
| Average True Range in percent/ATR (20) | 1.56 | LOW VOLATILITY | The low ATR as a percentage value for NORCO.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 24.04 | NEUTRAL | The ADX value for NORCO.OL suggests a possible start of a new 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 (10/14/2025, 7:00:00 PM)
46.9
+0.3 (+0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg0.64%
1 Week-2.19%
2 Weeks-1.26%
1 Month-4.77%
3 Month6.83%
6 Month1.52%
12 Month20.26%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.69
ATR(20)%1.56%
ATR Inc39.27%
Range Today0.85
ADR(20)0.72
ADR(20)%1.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.84
Mansfield-0.37
10 Day High48.5
10 Day Low46.4
20 Day High49.6
20 Day Low46.4
52 Week High49.6
52 Week Low37.35
CS1 End46.62
CR1 Start47.58
Volume & EV
DER(3)-3.02%
DER(5)-3.66%
Volume153.51K
Volume Incr-59.04%
Vol(5)106.89K
Vol(50)235.21K