OTELLO CORP ASA (OTEC.OL) Technical Analysis

OSL:OTEC • NO0010040611

Current stock price

20.1 NOK
+0.05 (+0.25%)
Last:

OTEC.OL Technical Rating and Analysis

10

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

OTELLO CORP ASA / OTEC Weekly stock chart
OTELLO CORP ASA / OTEC Daily stock chart

OTEC.OL Setup Rating and Analysis

3

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.

OTEC.OL Support and Resistance Analysis

7.52

20.30

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for OTEC.OL is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for OTEC.OL is up.
ChartMill Relative Strength94.79POSITIVEOTEC.OL has a high relative strength, it outperformed 94.79% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of OTEC.OL is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of OTEC.OL is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of OTEC.OL is above the rising SMA(200).
Relative Strength Index/RSI (14)75.41OVERBOUGHTThe high RSI value suggests OTEC.OL may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.3POSITIVEThe MACD value suggests OTEC.OL has a positive trend, although the MACD value is declining.
Stochastics (14,3)94.34OVERBOUGHTThe high Stochastics value suggests OTEC.OL may be overbought.
Average True Range in percent/ATR (20)2.91MEDIUM VOLATILITYThe ATR as a percentage value for OTEC.OL suggests some volalility.
Average Directional Index/ADX (14)26.39POSITIVEThe high ADX value value for OTEC.OL suggests a strong trend.

OTEC.OL Chart- and CandleStick Pattern Analysis

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)

OTEC.OL Technicals: Chart, Performance Metrics, Trend & Indicators

OTELLO CORP ASA / OTEC Daily stock chart

OTELLO CORP ASA

OSL:OTEC (4/14/2026, 4:19:34 PM)

20.1

+0.05 (+0.25%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustrySoftware
Performance
% Chg0.25%
1 Week7.22%
2 Weeks12.96%
1 Month15.56%
3 Month16.23%
6 Month35.93%
12 Month121.3%
2 Year157.71%
3 Year155.09%
5 Year-39.15%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.6
ATR(20)%2.91%
ATR Inc13.19%
Range Today0.22
ADR(20)0.56
ADR(20)%2.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.79
3 months CRS84.54
6 months CRS87.14
Mansfield2.61
10 Day High20.25
10 Day Low17.2
20 Day High20.25
20 Day Low16.3
52 Week High20.25
52 Week Low8.9
CS1 End18.29
CR1 StartN/A
Volume & EV
DER(3)0.47%
DER(5)0.62%
Volume3.05K
Volume Incr33.07%
Vol(5)105.69K
Vol(50)84.66K

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.