Europe - OSL:REACH - NO0003117202 - Common Stock
We assign a technical rating of 0 out of 10 to REACH. REACH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
REACH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
5.99
When analyzing the support we can see 3 important areas.
We can see 5 important resistance areas.
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 REACH.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for REACH.OL is down. |
| ChartMill Relative Strength | 10.22 | NEGATIVE | REACH.OL has a low relative strength, it was outperformed by 89.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of REACH.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of REACH.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of REACH.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.87 | NEUTRAL | The RSI value for REACH.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests REACH.OL has a negative trend. |
| Stochastics (14,3) | 13.11 | OVERSOLD | The low Stochastics value suggests REACH.OL may be oversold. |
| Average True Range in percent/ATR (20) | 4.21 | MEDIUM VOLATILITY | The ATR as a percentage value for REACH.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 23.82 | NEUTRAL | The ADX value for REACH.OL suggests a possible start of a new trend. |
OSL:REACH (10/27/2025, 7:00:00 PM)
6.87
-0.03 (-0.43%)
ChartMill assigns a technical rating of 0 / 10 to REACH.OL.
The current trend direction for REACH SUBSEA ASA (REACH.OL) is Bearish.
REACH SUBSEA ASA (REACH.OL) has an RSI value of 40.8736. This indicates that the stock is currently neutral.
The short term momentum for REACH SUBSEA ASA (REACH.OL) is negative.
REACH SUBSEA ASA (REACH.OL) has a support level at 6.62 and a resistance level at 7.2. Check the full technical report for our detailed analysis of REACH.OL support and resistance levels.