NORTH ENERGY ASA (NORTH.OL) Stock Technical Analysis
OSL:NORTH - NO0010550056 - Common Stock
2.83 NOK
+0.06 (+2.17%)
We assign a technical rating of 4 out of 10 to NORTH. NORTH 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.
In the last month NORTH has a been trading in the 2.77 - 3.12 range, which is quite wide. It is currently trading near the lows of this range.
Warning: NORTH has an average volume of 5687 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When compared to the yearly performance of all other stocks, NORTH outperforms 45% of them, which is more or less in line with the market.
NORTH is part of the Capital Markets industry. There are 109 other stocks in this industry, NORTH did better than 40% of them.
NORTH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NORTH is lagging the market.
Considerably lower volume is observed in the last couple of days.
NORTH 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
2.41
3.08
We found 4 important support areas.
- A support zone ranging from 2.76 to 2.76. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @2.67 from a horizontal line in the daily time frame.
- Support @2.61 from a trend line in the weekly time frame.
- A support zone ranging from 2.43 to 2.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 3.00 to 3.05. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for NORTH.OL is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NORTH.OL is down. |
| ChartMill Relative Strength | 45.69 | NEUTRAL | NORTH.OL is not amongst the best or worst performers 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) | UP | MIXED | The current price of NORTH.OL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NORTH.OL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.18 | NEUTRAL | The RSI value for NORTH.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests NORTH.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.08 | 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) | 18.79 | NEGATIVE | The low ADX value for NORTH.OL suggests a weak or negative 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:NORTH (9/8/2025, 11:06:14 AM)
2.83
+0.06 (+2.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg2.17%
1 Week-2.08%
2 Weeks-5.35%
1 Month-3.74%
3 Month1.8%
6 Month4.43%
12 Month7.6%
2 Year31.63%
3 Year-23.51%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%2.48%
ATR Inc-14.92%
Range Today0
ADR(20)0.04
ADR(20)%1.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.69
Mansfield-0.35
10 Day High3.05
10 Day Low2.77
20 Day High3.12
20 Day Low2.77
52 Week High3.12
52 Week Low2.31
CS1 End2.76
CR1 Start3
Volume & EV
DER(3)-27.66%
DER(5)-16.58%
Volume655
Volume Incr-60.27%
Vol(5)2.19K
Vol(50)5.69K