REACH SUBSEA ASA (REACH.OL) Stock Technical Analysis
Europe - OSL:REACH - NO0003117202 - Common Stock
7.5 NOK
-0.08 (-1.06%)
Overall REACH gets a technical rating of 3 out of 10. In the past year, REACH was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
74% of all other stocks performed better in the past year than REACH.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month REACH has a been trading in the 6.09 - 8.14 range, which is quite wide. It is currently trading near the high of this range.
REACH is an average performer in the Energy Equipment & Services industry, it outperforms 51% of 40 stocks in the same industry.
REACH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so REACH is lagging the market.
Volume is considerably higher in the last couple of days.
REACH 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.
More info and screens
6.00
8.31
We found 3 important support areas.
- A support zone ranging from 7.43 to 7.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.46 from a horizontal line in the weekly time frame.
- Support @6.06 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @7.89 from a trend line in the weekly time frame.
- A resistance zone ranging from 8.05 to 8.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for REACH.OL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for REACH.OL is up. |
| ChartMill Relative Strength | 26.24 | NEGATIVE | REACH.OL has a low relative strength, it was outperformed by 73.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of REACH.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of REACH.OL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of REACH.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.15 | NEUTRAL | The RSI value for REACH.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests REACH.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.57 | NEUTRAL | The Stochastics value for REACH.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.67 | MEDIUM VOLATILITY | The ATR as a percentage value for REACH.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 31.98 | POSITIVE | The high ADX value value for REACH.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)
OSL:REACH (10/3/2025, 7:00:00 PM)
7.5
-0.08 (-1.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-1.06%
1 Week-3.85%
2 Weeks15.92%
1 Month6.53%
3 Month-3.97%
6 Month11.94%
12 Month-4.82%
2 Year73.21%
3 Year76.47%
5 Year351.81%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%4.67%
ATR Inc0%
Range Today0.32
ADR(20)0.34
ADR(20)%4.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.24
Mansfield-1.34
10 Day High8.14
10 Day Low6.09
20 Day High8.14
20 Day Low6.09
52 Week High9.86
52 Week Low6.04
CS1 End7.49
CR1 Start7.89
Volume & EV
DER(3)-0.81%
DER(5)-0.6%
Volume177.34K
Volume Incr18.6%
Vol(5)475.24K
Vol(50)310.34K