OTELLO CORP ASA (OTEC.OL) Stock Technical Analysis
Europe - OSL:OTEC - NO0010040611 - Common Stock
Overall OTEC gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OTEC is showing a nice and steady performance.
Although OTEC has an excellent technical rating, it does not present a decent entry opportunity 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.
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When analyzing the support we can see 3 important areas.
- A support zone ranging from 15.16 to 15.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 14.52 to 14.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.48 to 7.48. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 15.71 to 15.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 OTEC.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OTEC.OL is up. |
| ChartMill Relative Strength | 95.49 | POSITIVE | OTEC.OL has a high relative strength, it outperformed 95.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OTEC.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OTEC.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OTEC.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.36 | NEUTRAL | The RSI value for OTEC.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests OTEC.OL has a positive trend. |
| Stochastics (14,3) | 87.55 | OVERBOUGHT | The high Stochastics value suggests OTEC.OL may be overbought. |
| Average True Range in percent/ATR (20) | 1.5 | LOW VOLATILITY | The low ATR as a percentage value for OTEC.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 45.36 | POSITIVE | The high ADX value value for OTEC.OL suggests a strong trend. |
OSL:OTEC (11/10/2025, 7:00:00 PM)
15.6
+0.25 (+1.63%)
OTELLO CORP ASA / OTEC.OL FAQ
Can you provide the ChartMill technical rating for OTELLO CORP ASA?
ChartMill assigns a technical rating of 10 / 10 to OTEC.OL.
What is the trend direction for OTEC stock?
The current trend direction for OTELLO CORP ASA (OTEC.OL) is Bullish.
What is the RSI signal for OTEC stock?
OTELLO CORP ASA (OTEC.OL) has an RSI value of 66.3586. This indicates that the stock is currently neutral.
What is the short term momentum for OTEC stock?
The short term momentum for OTELLO CORP ASA (OTEC.OL) is positive.
Can you provide the buy/sell signal for OTELLO CORP ASA?
The buy/sell signal for OTELLO CORP ASA (OTEC.OL) is buy as both the short term and long term trends are positive.