Europe - OSL:NORTH - NO0010550056 - Common Stock
Overall NORTH gets a technical rating of 0 out of 10. NORTH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, NORTH does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 2.75. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.69, a Stop Loss order could be placed below this zone.
2.38
We found 2 important support areas.
When analyzing the resistance we notice 4 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 | 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 | 28.27 | NEGATIVE | NORTH.OL has a low relative strength, it was outperformed by 71.73% 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) | UP | MIXED | The current price of NORTH.OL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.18 | NEUTRAL | The RSI value for NORTH.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NORTH.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.17 | OVERSOLD | The low Stochastics value suggests NORTH.OL may be oversold. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for NORTH.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 15.09 | NEGATIVE | The low ADX value for NORTH.OL suggests a weak or negative trend. |
OSL:NORTH (11/7/2025, 11:58:07 AM)
2.69
+0.04 (+1.51%)
ChartMill assigns a technical rating of 0 / 10 to NORTH.OL.
The current trend direction for NORTH ENERGY ASA (NORTH.OL) is Bearish.
NORTH ENERGY ASA (NORTH.OL) has an RSI value of 45.1801. This indicates that the stock is currently neutral.
The short term momentum for NORTH ENERGY ASA (NORTH.OL) is negative.
The buy/sell signal for NORTH ENERGY ASA (NORTH.OL) is sell as both the short term and long term trends are negative.