REACH SUBSEA ASA (REACH.OL) Stock Technical Analysis
Europe - OSL:REACH - NO0003117202 - Common Stock
6.87 NOK
-0.03 (-0.43%)
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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, REACH is a bad performer in the overall market: 90% of all stocks are doing better.
REACH is part of the Energy Equipment & Services industry. There are 36 other stocks in this industry, of which 74% are performing better than REACH.
REACH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month REACH has a been trading in the 6.75 - 8.10 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
REACH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
5.99
8.36
When analyzing the support we can see 3 important areas.
- Support @6.62 from a trend line in the weekly time frame.
- Support @6.46 from a horizontal line in the weekly time frame.
- A support zone ranging from 6.05 to 6.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 7.20 to 7.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.40 from a horizontal line in the daily time frame.
- A resistance zone ranging from 7.74 to 7.81. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 8.00 to 8.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.28 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 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. |
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 (10/27/2025, 7:00:00 PM)
6.87
-0.03 (-0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.43%
1 Week-3.8%
2 Weeks-7.19%
1 Month-15.56%
3 Month-11.86%
6 Month-1.44%
12 Month-26.92%
2 Year57.97%
3 Year60.94%
5 Year312.05%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%4.21%
ATR Inc-1.11%
Range Today0.24
ADR(20)0.27
ADR(20)%4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.22
3 months CRS10.17
6 months CRS26.27
Mansfield-2.05
10 Day High7.4
10 Day Low6.75
20 Day High8.1
20 Day Low6.75
52 Week High9.86
52 Week Low6.04
CS1 End6.62
CR1 Start7.2
Volume & EV
DER(3)-1.11%
DER(5)-0.7%
Volume138.80K
Volume Incr-77.58%
Vol(5)98.35K
Vol(50)339.54K
REACH SUBSEA ASA / REACH.OL FAQ
What is the ChartMill technical rating of REACH SUBSEA ASA (REACH.OL) stock?
ChartMill assigns a technical rating of 0 / 10 to REACH.OL.
What is the current trend direction of REACH SUBSEA ASA (REACH.OL) stock?
The current trend direction for REACH SUBSEA ASA (REACH.OL) is Bearish.
Can you provide the RSI signal for REACH SUBSEA ASA?
REACH SUBSEA ASA (REACH.OL) has an RSI value of 40.8736. This indicates that the stock is currently neutral.
Can you provide the short term momentum for REACH SUBSEA ASA?
The short term momentum for REACH SUBSEA ASA (REACH.OL) is negative.
Can you provide the support and resistance levels for REACH SUBSEA ASA?
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.