OTELLO CORP ASA (OTEC.OL) Stock Technical Analysis
OSL:OTEC - Euronext Oslo - NO0010040611 - Common Stock - Currency: NOK
Taking everything into account, OTEC scores 10 out of 10 in our technical rating. 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.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, OTEC did better than 96% of all other stocks.
OTEC is part of the Software industry. There are 104 other stocks in this industry. OTEC outperforms 89% of them.
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 11.95 - 13.85 range, which is quite wide. It is currently trading near the high of this range.
Although OTEC has an excellent technical rating, the quality of the presented setup is not ideal 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
7.33
13.85
We found 3 important support areas.
- A support zone ranging from 11.70 to 11.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.60 from a horizontal line in the weekly time frame.
- A support zone ranging from 7.40 to 7.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 13.51 to 13.71. 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 | 96.05 | POSITIVE | OTEC.OL has a high relative strength, it outperformed 96.05% 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) | 66.4 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 79.01 | NEUTRAL | The Stochastics value for OTEC.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for OTEC.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 58.22 | POSITIVE | The high ADX value value for OTEC.OL suggests a strong 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:OTEC (7/25/2025, 7:00:00 PM)
13.5
-0.15 (-1.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.1%
1 Week1.12%
2 Weeks5.06%
1 Month12.5%
3 Month47.7%
6 Month74.87%
12 Month71.76%
2 Year46.74%
3 Year-54.24%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%2.48%
ATR Inc-25.53%
Range Today0.25
ADR(20)0.3
ADR(20)%2.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.05
Mansfield3.94
10 Day High13.85
10 Day Low12.7
20 Day High13.85
20 Day Low11.95
52 Week High13.85
52 Week Low7.24
CS1 End11.91
CR1 Start13.51
Volume & EV
DER(3)0.27%
DER(5)0.13%
Volume332.46K
Volume Incr-35.15%
Vol(5)357.40K
Vol(50)422.75K