OTOVO ASA (OTOVO.OL) Stock Technical Analysis
OSL:OTOVO • NO0013721613
Taking everything into account, OTOVO scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, OTOVO has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- OTOVO is part of the Electrical Equipment industry. There are 69 other stocks in this industry. OTOVO outperforms 100% of them.
- When comparing the yearly performance of all stocks, we notice that OTOVO is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- OTOVO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OTOVO is lagging the market slightly.
- In the last month OTOVO has a been trading in the 1.43 - 17.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
Although OTOVO has an excellent technical rating, it does not offer a high quality setup 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
11.19
We found 1 important resistance area.
- A resistance zone ranging from 11.49 to 11.51. 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 OTOVO.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OTOVO.OL is up. |
| ChartMill Relative Strength | 99.71 | POSITIVE | OTOVO.OL has a high relative strength, it outperformed 99.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of OTOVO.OL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OTOVO.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OTOVO.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.14 | NEUTRAL | The RSI value for OTOVO.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.68 | NEGATIVE | The MACD value suggests OTOVO.OL has a negative trend. |
| Stochastics (14,3) | 10.12 | OVERSOLD | The low Stochastics value suggests OTOVO.OL may be oversold. |
| Average True Range in percent/ATR (20) | 15.96 | HIGH VOLATILITY | The high ATR as a percentage value for OTOVO.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 39.11 | POSITIVE | The high ADX value value for OTOVO.OL suggests a strong trend. |
OSL:OTOVO (3/3/2026, 3:03:02 PM)
11.3
-0.2 (-1.74%)
OTOVO ASA / OTOVO.OL FAQ
Can you provide the ChartMill technical rating for OTOVO ASA?
ChartMill assigns a technical rating of 9 / 10 to OTOVO.OL.
What is the current trend direction of OTOVO ASA (OTOVO.OL) stock?
The current trend direction for OTOVO ASA (OTOVO.OL) is Bullish.
What is the RSI signal for OTOVO stock?
OTOVO ASA (OTOVO.OL) has an RSI value of 55.1377. This indicates that the stock is currently neutral.
What is the buy/sell signal for OTOVO ASA (OTOVO.OL) stock?
The buy/sell signal for OTOVO ASA (OTOVO.OL) is buy as both the short term and long term trends are positive.