OTOVO ASA (OTOVO.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:OTOVO - NO0010809783 - Common Stock
Taking everything into account, OTOVO scores 0 out of 10 in our technical rating. OTOVO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
OTOVO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.72
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.74 to 0.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.20 from a trend 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 OTOVO.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OTOVO.OL is down. |
| ChartMill Relative Strength | 3.61 | NEGATIVE | OTOVO.OL has a low relative strength, it was outperformed by 96.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OTOVO.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OTOVO.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OTOVO.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.28 | NEUTRAL | The RSI value for OTOVO.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests OTOVO.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 22.06 | NEUTRAL | The Stochastics value for OTOVO.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 9.95 | HIGH VOLATILITY | The high ATR as a percentage value for OTOVO.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 27.13 | POSITIVE | The high ADX value value for OTOVO.OL suggests a strong trend. |
OSL:OTOVO (11/21/2025, 7:00:00 PM)
0.73
-0.01 (-1.08%)
OTOVO ASA / OTOVO.OL FAQ
What is the technical rating for OTOVO stock?
ChartMill assigns a technical rating of 0 / 10 to OTOVO.OL.
Can you provide the trend direction for OTOVO ASA?
The current trend direction for OTOVO ASA (OTOVO.OL) is Bearish.
What is the RSI signal for OTOVO stock?
OTOVO ASA (OTOVO.OL) has an RSI value of 38.2796. This indicates that the stock is currently neutral.
What is the short term momentum for OTOVO stock?
The short term momentum for OTOVO ASA (OTOVO.OL) is negative.
What is the support and resistance level for OTOVO stock?
OTOVO ASA (OTOVO.OL) has a resistance level at 0.74. Check the full technical report for our detailed analysis of OTOVO.OL support and resistance levels.