OTELLO CORP ASA (OTEC.OL) Technical Analysis
OSL:OTEC • NO0010040611
Current stock price
OTEC.OL Technical Rating and Analysis
Overall OTEC gets a technical rating of 10 out of 10. Both in the recent history as in the last year, OTEC has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that OTEC is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, OTEC also shows a nice and consistent pattern of rising prices.
- OTEC is one of the better performing stocks in the Software industry, it outperforms 97% of 122 stocks in the same industry.
- OTEC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month OTEC has a been trading in the 16.30 - 20.25 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
OTEC.OL Weekly and Daily overview Charts
OTEC.OL Setup Rating and Analysis
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.
More info and screens
OTEC.OL Support and Resistance Analysis
7.52
4 important support areas can be observed.
- A support zone ranging from 17.91 to 18.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.45 to 17.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 17.10 to 17.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @7.60 from a horizontal line in the weekly time frame.
OTEC.OL Technical Indicator Signal Analysis
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 | 94.79 | POSITIVE | OTEC.OL has a high relative strength, it outperformed 94.79% 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) | 75.41 | OVERBOUGHT | The high RSI value suggests OTEC.OL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests OTEC.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.34 | OVERBOUGHT | The high Stochastics value suggests OTEC.OL may be overbought. |
| Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for OTEC.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 26.39 | POSITIVE | The high ADX value value for OTEC.OL suggests a strong trend. |
OTEC.OL Chart- and CandleStick Pattern Analysis
OTEC.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:OTEC (4/14/2026, 4:19:34 PM)
20.1
+0.05 (+0.25%)
OTELLO CORP ASA / OTEC.OL TA 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 current trend direction of OTELLO CORP ASA (OTEC.OL) stock?
The current trend direction for OTELLO CORP ASA (OTEC.OL) is Bullish.
What is the RSI signal for OTELLO CORP ASA (OTEC.OL) stock?
OTELLO CORP ASA (OTEC.OL) has an RSI value of 75.4127. This indicates that the stock is currently overbought.
What is the short term momentum for OTELLO CORP ASA (OTEC.OL) stock?
The short term momentum for OTELLO CORP ASA (OTEC.OL) is positive.
What is the buy/sell signal for OTELLO CORP ASA (OTEC.OL) stock?
The buy/sell signal for OTELLO CORP ASA (OTEC.OL) is buy as both the short term and long term trends are positive.