REACH SUBSEA ASA (REACH.OL) Technical Analysis
OSL:REACH • NO0003117202
Current stock price
REACH.OL Technical Rating and Analysis
Overall REACH gets a technical rating of 2 out of 10. REACH has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- REACH is one of the lesser performing stocks in the Energy Equipment & Services industry. 80% of 36 stocks in the same industry do better.
- In the last month REACH has a been trading in the 6.30 - 6.86 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- When comparing the performance of all stocks over the past year, REACH turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
- REACH is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so REACH is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
REACH.OL Weekly and Daily overview Charts
REACH.OL Setup Rating and Analysis
REACH 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 support zone below the current price at 6.68, a Stop Loss order could be placed below this zone.
More info and screens
REACH.OL Support and Resistance Analysis
5.90
We found 2 important support areas.
- A support zone ranging from 6.53 to 6.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.96 to 6.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 7.12 to 7.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 7.41 to 7.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong resistance @8.01 from a horizontal line in the daily time frame.
- Resistance @8.28 from a horizontal line in the weekly time frame.
REACH.OL Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for REACH.OL is neutral. |
| ChartMill Relative Strength | 40.88 | NEUTRAL | REACH.OL is not amongst the best or worst performers 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 | 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) | 49.1 | NEUTRAL | The RSI value for REACH.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests REACH.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.17 | NEUTRAL | The Stochastics value for REACH.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.43 | MEDIUM VOLATILITY | The ATR as a percentage value for REACH.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 17.94 | NEGATIVE | The low ADX value for REACH.OL suggests a weak or negative trend. |
REACH.OL Chart- and CandleStick Pattern Analysis
REACH.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:REACH (3/20/2026, 7:00:00 PM)
6.69
-0.11 (-1.62%)
REACH SUBSEA ASA / REACH.OL TA FAQ
What is the ChartMill technical rating of REACH SUBSEA ASA (REACH.OL) stock?
ChartMill assigns a technical rating of 2 / 10 to REACH.OL.
What is the trend direction for REACH 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 49.1001. This indicates that the stock is currently neutral.
What is the MACD signal for REACH SUBSEA ASA (REACH.OL) stock?
The MACD indicator for REACH SUBSEA ASA (REACH.OL) has a value of 0.012379, indicating a bearish trend.