Europe - OSL:NORCO - NO0013052209 - Common Stock
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.
The technical rating of NORCO is bad and it also does not present a 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.
41.18
2 important support areas can be observed.
When analyzing the resistance we notice 3 important areas.
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 | 44.72 | 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) | DOWN | NEGATIVE | The current price of NORCO.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.01 | NEUTRAL | The RSI value for NORCO.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests NORCO.OL has a negative trend. |
| Stochastics (14,3) | 15.37 | OVERSOLD | The low Stochastics value suggests NORCO.OL may be oversold. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for NORCO.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 19.77 | NEGATIVE | The low ADX value for NORCO.OL suggests a weak or negative trend. |
OSL:NORCO (11/19/2025, 4:19:53 PM)
43.975
-0.27 (-0.62%)
ChartMill assigns a technical rating of 1 / 10 to NORCO.OL.
The current trend direction for NORCONSULT AS (NORCO.OL) is Bearish.
NORCONSULT AS (NORCO.OL) has an RSI value of 34.0142. This indicates that the stock is currently neutral.
The short term momentum for NORCONSULT AS (NORCO.OL) is negative.
NORCONSULT AS (NORCO.OL) has a support level at 42.95 and a resistance level at 45.55. Check the full technical report for our detailed analysis of NORCO.OL support and resistance levels.