OTOVO ASA (OTOVO.OL) Technical Analysis
OSL:OTOVO • NO0013721613
Current stock price
OTOVO.OL Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to OTOVO. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month OTOVO has a been trading in the 10.55 - 12.59 range, which is quite wide. It is currently trading near the lows of this range.
- 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.
- OTOVO is part of the Electrical Equipment industry. There are 69 other stocks in this industry. OTOVO outperforms 98% of them.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- OTOVO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OTOVO is lagging the market.
- Considerably lower volume is observed in the last couple of days.
OTOVO.OL Weekly and Daily overview Charts
OTOVO.OL Setup Rating and Analysis
OTOVO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 10.94, a Stop Loss order could be placed below this zone.
More info and screens
OTOVO.OL Support and Resistance Analysis
10.69
We found 1 important support area.
- A support zone ranging from 10.80 to 10.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 11.16 to 11.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.51 to 12.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
OTOVO.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.
| 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 | DOWN | NEGATIVE | The short term trend for OTOVO.OL is down. |
| ChartMill Relative Strength | 99.2 | POSITIVE | OTOVO.OL has a high relative strength, it outperformed 99.2% 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) | UP | POSITIVE | The current price of OTOVO.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.85 | NEUTRAL | The RSI value for OTOVO.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests OTOVO.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.64 | NEUTRAL | The Stochastics value for OTOVO.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 6.04 | HIGH VOLATILITY | The high ATR as a percentage value for OTOVO.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 6.92 | NEGATIVE | The low ADX value for OTOVO.OL suggests a weak or negative trend. |
OTOVO.OL Chart- and CandleStick Pattern Analysis
OTOVO.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:OTOVO (4/30/2026, 7:00:00 PM)
10.95
-0.25 (-2.23%)
OTOVO ASA / OTOVO.OL TA FAQ
Can you provide the ChartMill technical rating for OTOVO ASA?
ChartMill assigns a technical rating of 5 / 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 ASA (OTOVO.OL) stock?
OTOVO ASA (OTOVO.OL) has an RSI value of 41.8503. This indicates that the stock is currently neutral.
Can you provide the MACD signal for OTOVO ASA?
The MACD indicator for OTOVO ASA (OTOVO.OL) has a value of -0.113584, indicating a bearish trend.
Can you provide the short term momentum for OTOVO ASA?
The short term momentum for OTOVO ASA (OTOVO.OL) is negative.