OSL:RANA - Euronext Oslo - NO0010907389 - Common Stock - Currency: NOK
We assign a technical rating of 1 out of 10 to RANA. RANA'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.
RANA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 70.93. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 70.70, a Stop Loss order could be placed below this zone.
62.67
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 RANA.OL is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RANA.OL is neutral. |
ChartMill Relative Strength | 31.6 | NEUTRAL | RANA.OL is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RANA.OL is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RANA.OL is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RANA.OL is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 51.01 | NEUTRAL | The RSI value for RANA.OL is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests RANA.OL has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 39.64 | NEUTRAL | The Stochastics value for RANA.OL is a neutral value. |
Average True Range in percent/ATR (20) | 2.21 | MEDIUM VOLATILITY | The ATR as a percentage value for RANA.OL suggests some volalility. |
Average Directional Index/ADX (14) | 9.97 | NEGATIVE | The low ADX value for RANA.OL suggests a weak or negative trend. |
OSL:RANA (5/30/2025, 7:00:00 PM)
70.9
+0.1 (+0.14%)