PHOTOCURE ASA (PHO.OL) Stock Technical Analysis
OSL:PHO - NO0010000045 - Common Stock
61.1 NOK
-0.1 (-0.16%)
Overall PHO gets a technical rating of 7 out of 10. Although PHO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
PHO is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 75% of 50 stocks in the same industry.
Looking at the yearly performance, PHO did better than 75% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
PHO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PHO is lagging the market.
In the last month PHO has a been trading in a tight range between 60.50 and 64.00.
Considerably lower volume is observed in the last couple of days.
PHO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
49.30
66.56
When analyzing the support we can see 4 important areas.
- A support zone ranging from 60.99 to 61.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @52.52 from a trend line in the daily time frame.
- Support @50.92 from a trend line in the weekly time frame.
- Support @49.80 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 61.19 to 61.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 63.94 to 64.31. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for PHO.OL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PHO.OL is neutral. |
| ChartMill Relative Strength | 75.75 | POSITIVE | PHO.OL has a high relative strength, it outperformed 75.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PHO.OL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PHO.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PHO.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.66 | NEUTRAL | The RSI value for PHO.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests PHO.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.52 | NEUTRAL | The Stochastics value for PHO.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for PHO.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 26.51 | POSITIVE | The high ADX value value for PHO.OL suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 61.99 | 60.98 | 1.01 (1.63%) | 25.00% |
| An entry @61.99. This is a Buy Stop order right above the resistance zone. | An exit @60.98. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.01 points, which is 1.63%. | For a 0.41% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PHO. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OSL:PHO (9/9/2025, 7:00:00 PM)
61.1
-0.1 (-0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.16%
1 Week0.49%
2 Weeks-0.16%
1 Month0.98%
3 Month20.74%
6 Month14.68%
12 Month15.54%
2 Year14.68%
3 Year-32.35%
5 Year-35.53%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.32
ATR(20)%2.12%
ATR Inc-28.21%
Range Today0.8
ADR(20)1.29
ADR(20)%2.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.75
Mansfield0.2
10 Day High64
10 Day Low60.5
20 Day High64
20 Day Low60.5
52 Week High71.8
52 Week Low47.2
CS1 End61.02
CR1 Start61.19
Volume & EV
DER(3)-0.52%
DER(5)-0.26%
Volume15.02K
Volume Incr-35.77%
Vol(5)21.07K
Vol(50)52.45K