NORCONSULT AS (NORCO.OL) Stock Technical Analysis
Europe - OSL:NORCO - NO0013052209 - Common Stock
We assign a technical rating of 5 out of 10 to NORCO. NORCO has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
NORCO has only a medium 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 45.55, a Stop Loss order could be placed below this zone.
More info and screens
41.53
When analyzing the support we can see 3 important areas.
- A support zone ranging from 45.15 to 45.55. This zone is formed by a combination of multiple trend lines 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 41.95 to 42.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 46.89 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 | 64.87 | 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 | MIXED | The current price of NORCO.OL is below 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) | 45.39 | NEUTRAL | The RSI value for NORCO.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests NORCO.OL has a negative trend. |
| Stochastics (14,3) | 31.6 | NEUTRAL | The Stochastics value for NORCO.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for NORCO.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 17.05 | NEGATIVE | The low ADX value for NORCO.OL suggests a weak or negative trend. |
OSL:NORCO (11/5/2025, 4:19:35 PM)
46.75
+0.25 (+0.54%)
NORCONSULT AS / NORCO.OL FAQ
What is the technical rating for NORCO stock?
ChartMill assigns a technical rating of 5 / 10 to NORCO.OL.
What is the current trend direction of NORCONSULT AS (NORCO.OL) stock?
The current trend direction for NORCONSULT AS (NORCO.OL) is Bullish.
What is the RSI signal for NORCONSULT AS (NORCO.OL) stock?
NORCONSULT AS (NORCO.OL) has an RSI value of 45.3904. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NORCONSULT AS?
The short term momentum for NORCONSULT AS (NORCO.OL) is neutral.
Can you provide the support and resistance levels for NORCONSULT AS?
NORCONSULT AS (NORCO.OL) has a support level at 45.55 and a resistance level at 46.89. Check the full technical report for our detailed analysis of NORCO.OL support and resistance levels.