OTOVO ASA (OTOVO.OL) Stock Technical Analysis
Europe - OSL:OTOVO - NO0010809783 - Common Stock
We assign a technical rating of 0 out of 10 to OTOVO. OTOVO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of OTOVO is bad and it also does not present a 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
0.69
2 important resistance areas can be observed.
- Resistance @1.30 from a trend line in the daily time frame.
- Resistance @1.60 from a horizontal 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 | 1.95 | NEGATIVE | OTOVO.OL has a low relative strength, it was outperformed by 98.05% 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) | 23.92 | OVERSOLD | The low RSI value suggests OTOVO.OL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests OTOVO.OL has a positive trend. |
| Stochastics (14,3) | 14.82 | OVERSOLD | The low Stochastics value suggests OTOVO.OL may be oversold. |
| Average True Range in percent/ATR (20) | 9.22 | HIGH VOLATILITY | The high ATR as a percentage value for OTOVO.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 42.29 | POSITIVE | The high ADX value value for OTOVO.OL suggests a strong trend. |
OSL:OTOVO (10/29/2025, 7:00:00 PM)
0.696
-0.01 (-1.28%)
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 23.9166. This indicates that the stock is currently oversold.
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 1.3. Check the full technical report for our detailed analysis of OTOVO.OL support and resistance levels.