PHOTOCURE ASA (PHO.OL) Stock Technical Analysis
OSL:PHO - Euronext Oslo - NO0010000045 - Common Stock - Currency: NOK
Overall PHO gets a technical rating of 0 out of 10. PHO'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
81% of all other stocks performed better in the past year than PHO.
PHO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PHO is lagging the market.
In the last month PHO has a been trading in the 48.50 - 55.40 range, which is quite wide. It is currently trading near the lows of this range.
PHO is part of the Pharmaceuticals industry. There are 54 other stocks in this industry, PHO did better than 56% of them.
PHO has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 50.12, a Stop Loss order could be placed below this zone.
More info and screens
47.56
66.56
2 important support areas can be observed.
- A support zone ranging from 49.35 to 50.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 48.04 to 48.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 50.31 to 50.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 53.81 to 54.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 56.51 to 56.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @58.90 from a horizontal line in the daily time frame.
- Resistance @61.62 from a trend line in the weekly time frame.
- Resistance @65.90 from a horizontal line in the weekly 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 PHO.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PHO.OL is down. |
| ChartMill Relative Strength | 19.34 | NEGATIVE | PHO.OL has a low relative strength, it was outperformed by 80.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PHO.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PHO.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PHO.OL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.75 | NEUTRAL | The RSI value for PHO.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests PHO.OL has a positive trend. |
| Stochastics (14,3) | 43.15 | NEUTRAL | The Stochastics value for PHO.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for PHO.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 17.78 | NEGATIVE | The low ADX value for PHO.OL suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
OSL:PHO (5/30/2025, 7:00:00 PM)
50.2
+0.5 (+1.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.01%
1 Week-0.4%
2 Weeks-0.2%
1 Month-6.34%
3 Month-4.56%
6 Month2.03%
12 Month-23.48%
2 Year-0.99%
3 Year-52.64%
5 Year-25.96%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.1
ATR(20)%2.61%
ATR Inc-26.52%
Range Today1.4
ADR(20)1.28
ADR(20)%2.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.34
Mansfield-1.09
10 Day High51.6
10 Day Low48.7
20 Day High55.4
20 Day Low48.5
52 Week High69
52 Week Low47
CS1 End50.12
CR1 Start50.31
Volume & EV
DER(3)0.31%
DER(5)0.14%
Volume37.84K
Volume Incr0.32%
Vol(5)41.48K
Vol(50)50.84K