NORSKE SKOG ASA (NSKOG.OL) Stock Technical Analysis
OSL:NSKOG - Euronext Oslo - NO0010861115 - Common Stock - Currency: NOK
Overall NSKOG gets a technical rating of 1 out of 10. NSKOG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
95% 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. 100% of 10 stocks in the same industry do better.
NSKOG 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 NSKOG is lagging the market.
In the last month NSKOG has a been trading in the 19.84 - 24.85 range, which is quite wide. It is currently trading near the lows of this range.
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 only medium 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
19.80
40.05
We found 1 important support area.
- A support zone ranging from 20.00 to 20.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 20.71 to 21.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 22.80 to 23.10. 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.
- Resistance @39.65 from a trend 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 NSKOG.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NSKOG.OL is down. |
| ChartMill Relative Strength | 5.82 | NEGATIVE | NSKOG.OL has a low relative strength, it was outperformed by 94.18% 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) | UP | POSITIVE | The current price of NSKOG.OL is above the rising 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) | 47.08 | NEUTRAL | The RSI value for NSKOG.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests NSKOG.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.08 | NEUTRAL | The Stochastics value for NSKOG.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.46 | MEDIUM VOLATILITY | The ATR as a percentage value for NSKOG.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 13.97 | NEGATIVE | The low ADX value for NSKOG.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:NSKOG (6/20/2025, 11:03:30 AM)
20.55
-0.3 (-1.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg-1.44%
1 Week2.21%
2 Weeks-3.25%
1 Month-7.95%
3 Month-15.04%
6 Month-9.35%
12 Month-49.15%
2 Year-50.62%
3 Year-61.88%
5 Year-36.63%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.67
ATR(20)%4.46%
ATR Inc-44.33%
Range Today0.1
ADR(20)0.91
ADR(20)%4.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.82
Mansfield-2.63
10 Day High22
10 Day Low19.84
20 Day High24.85
20 Day Low19.84
52 Week High43.98
52 Week Low15
CS1 End20.84
CR1 Start20.86
Volume & EV
DER(3)1.78%
DER(5)0.75%
Volume1.33K
Volume Incr-36.34%
Vol(5)123.44K
Vol(50)232.73K