NORSKE SKOG ASA (NSKOG.OL) Stock Technical Analysis
OSL:NSKOG - NO0010861115 - Common Stock
21.2 NOK
+0.3 (+1.44%)
We assign a technical rating of 0 out of 10 to NSKOG. NSKOG'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.
89% of all other stocks performed better in the past year than NSKOG.
NSKOG is one of the lesser performing stocks in the Paper & Forest Products industry. 80% of 11 stocks in the same industry do better.
NSKOG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
In the last month NSKOG has a been trading in the 20.65 - 23.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
NSKOG has a poor technical rating and the quality of the setup is also not perfect 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
20.59
25.13
We found 1 important support area.
- Support @20.80 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 22.25 to 22.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.20 to 23.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 23.95 to 24.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @24.88 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for NSKOG.OL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NSKOG.OL is down. |
| ChartMill Relative Strength | 11.1 | NEGATIVE | NSKOG.OL has a low relative strength, it was outperformed by 88.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NSKOG.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NSKOG.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NSKOG.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.22 | NEUTRAL | The RSI value for NSKOG.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests NSKOG.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.7 | OVERSOLD | The low Stochastics value suggests NSKOG.OL may be oversold. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for NSKOG.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 21.64 | NEUTRAL | The ADX value for NSKOG.OL suggests a possible start of a new 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:NSKOG (9/5/2025, 7:00:00 PM)
21.2
+0.3 (+1.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg1.44%
1 Week-2.75%
2 Weeks-8.62%
1 Month-9.59%
3 Month0.95%
6 Month-11.96%
12 Month-38.01%
2 Year-54.35%
3 Year-61.63%
5 Year-21.34%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.61
ATR(20)%2.82%
ATR Inc-20.9%
Range Today1.35
ADR(20)0.59
ADR(20)%2.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.1
Mansfield-1.73
10 Day High23.2
10 Day Low20.65
20 Day High23.85
20 Day Low20.65
52 Week High37.96
52 Week Low15
CS1 End20.8
CR1 Start22.25
Volume & EV
DER(3)-0.14%
DER(5)-0.66%
Volume55.61K
Volume Incr-32.82%
Vol(5)52.64K
Vol(50)131.50K