NORTH ENERGY ASA (NORTH.OL) Technical Analysis
OSL:NORTH • NO0010550056
Taking everything into account, NORTH scores 0 out of 10 in our technical rating. NORTH'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 72% of all other stocks performed better in the past year than NORTH.
- NORTH is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NORTH is lagging the market.
- In the last month NORTH has a been trading in the 2.50 - 2.72 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: NORTH has an average volume of 6764 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- NORTH is part of the Capital Markets industry. There are 124 other stocks in this industry, NORTH did better than 46% of them.
NORTH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 2.49, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NORTH in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.38
We found 2 important support areas.
- A support zone ranging from 2.44 to 2.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.40 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 2.55 to 2.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.73 to 2.74. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @2.79 from a horizontal line in the daily time frame.
- Resistance @3.00 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 NORTH.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NORTH.OL is down. |
| ChartMill Relative Strength | 28.71 | NEGATIVE | NORTH.OL has a low relative strength, it was outperformed by 71.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NORTH.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NORTH.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NORTH.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44 | NEUTRAL | The RSI value for NORTH.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NORTH.OL has a negative trend. |
| Stochastics (14,3) | 16.67 | OVERSOLD | The low Stochastics value suggests NORTH.OL may be oversold. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for NORTH.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 11.41 | NEGATIVE | The low ADX value for NORTH.OL suggests a weak or negative trend. |
NORTH.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:NORTH (3/13/2026, 2:20:57 PM)
2.55
+0.05 (+2%)
NORTH ENERGY ASA / NORTH.OL FAQ
What is the technical rating for NORTH stock?
ChartMill assigns a technical rating of 0 / 10 to NORTH.OL.
What is the current trend direction of NORTH ENERGY ASA (NORTH.OL) stock?
The current trend direction for NORTH ENERGY ASA (NORTH.OL) is Bearish.
What is the RSI signal for NORTH stock?
NORTH ENERGY ASA (NORTH.OL) has an RSI value of 43.9999. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NORTH ENERGY ASA?
The MACD indicator for NORTH ENERGY ASA (NORTH.OL) has a value of -0.0114138, indicating a bearish trend.
Can you provide the short term momentum for NORTH ENERGY ASA?
The short term momentum for NORTH ENERGY ASA (NORTH.OL) is negative.