OSL:PEN - Euronext Oslo - NO0010564701 - Common Stock - Currency: NOK
Overall PEN gets a technical rating of 1 out of 10. PEN'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.
PEN has a poor technical rating and the quality of the setup is also only medium 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.
22.13
2 important support areas can be observed.
4 important resistance areas can be observed.
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 PEN.OL is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PEN.OL is neutral. |
ChartMill Relative Strength | 14.31 | NEGATIVE | PEN.OL has a low relative strength, it was outperformed by 85.69% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PEN.OL is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PEN.OL is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PEN.OL is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 55.86 | NEUTRAL | The RSI value for PEN.OL is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests PEN.OL has a positive trend. |
Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for PEN.OL is a neutral value. |
Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for PEN.OL suggests some volalility. |
Average Directional Index/ADX (14) | 15.13 | NEGATIVE | The low ADX value for PEN.OL suggests a weak or negative trend. |
OSL:PEN (7/25/2025, 3:49:31 PM)
24
+0.1 (+0.42%)