NORSKE SKOG ASA (NSKOG.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:NSKOG - NO0010861115 - Common Stock
We assign a technical rating of 2 out of 10 to NSKOG. In the past year, NSKOG was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The technical rating of NSKOG is bad and it also does not present a 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
16.75
2 important support areas can be observed.
- A support zone ranging from 17.34 to 17.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.92 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @21.57 from a trend line in the weekly time frame.
- 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 | DOWN | NEGATIVE | The long term trend for NSKOG.OL is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NSKOG.OL is up. |
| ChartMill Relative Strength | 11.39 | NEGATIVE | NSKOG.OL has a low relative strength, it was outperformed by 88.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NSKOG.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NSKOG.OL is above 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) | 62.65 | NEUTRAL | The RSI value for NSKOG.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests NSKOG.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.9 | OVERBOUGHT | The high Stochastics value suggests NSKOG.OL may be overbought. |
| Average True Range in percent/ATR (20) | 3.33 | MEDIUM VOLATILITY | The ATR as a percentage value for NSKOG.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 33.58 | POSITIVE | The high ADX value value for NSKOG.OL suggests a strong trend. |
OSL:NSKOG (12/15/2025, 3:51:21 PM)
18.66
+1.02 (+5.78%)
NORSKE SKOG ASA / NSKOG.OL FAQ
What is the technical rating for NSKOG stock?
ChartMill assigns a technical rating of 2 / 10 to NSKOG.OL.
What is the trend direction for NSKOG stock?
The current trend direction for NORSKE SKOG ASA (NSKOG.OL) is Bearish.
What is the RSI signal for NSKOG stock?
NORSKE SKOG ASA (NSKOG.OL) has an RSI value of 62.6535. This indicates that the stock is currently neutral.
What is the buy/sell signal for NSKOG stock?
The buy/sell signal for NORSKE SKOG ASA (NSKOG.OL) is hold as the short term and long term trends are mixed.
What is the support and resistance level for NSKOG stock?
NORSKE SKOG ASA (NSKOG.OL) has a support level at 17.63 and a resistance level at 17.65. Check the full technical report for our detailed analysis of NSKOG.OL support and resistance levels.