REACH SUBSEA ASA (REACH.OL) Stock Technical Analysis
OSL:REACH - Euronext Oslo - NO0003117202 - Common Stock - Currency: NOK
Taking everything into account, REACH scores 5 out of 10 in our technical rating. In the last year, REACH was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, REACH outperforms 56% of them, which is more or less in line with the market.
REACH is part of the Energy Equipment & Services industry. There are 35 other stocks in this industry, REACH did better than 67% of them.
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.
In the last month REACH has a been trading in the 7.30 - 8.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
REACH has an average technical rating and also the quality of the setup is 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
7.22
8.18
2 important support areas can be observed.
- A support zone ranging from 7.54 to 7.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.29 to 7.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @7.93 from a trend line in the daily time frame.
- A resistance zone ranging from 8.06 to 8.10. 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 | NEUTRAL | NEUTRAL | The short term trend for REACH.OL is neutral. |
| ChartMill Relative Strength | 56.97 | 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) | UP | POSITIVE | The current price of REACH.OL is above the rising 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) | 57.53 | NEUTRAL | The RSI value for REACH.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests REACH.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.89 | NEUTRAL | The Stochastics value for REACH.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.86 | MEDIUM VOLATILITY | The ATR as a percentage value for REACH.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 18.24 | NEGATIVE | The low ADX value for REACH.OL suggests a weak or negative 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 (7/2/2025, 4:10:53 PM)
7.86
-0.14 (-1.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-1.75%
1 Week5.26%
2 Weeks-0.12%
1 Month7.38%
3 Month19.4%
6 Month2.56%
12 Month-3.15%
2 Year96.56%
3 Year131.21%
5 Year647.66%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%3.86%
ATR Inc47.27%
Range Today0.06
ADR(20)0.29
ADR(20)%3.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.97
Mansfield-0.63
10 Day High8.14
10 Day Low7.3
20 Day High8.32
20 Day Low7.3
52 Week High10.65
52 Week Low6.04
CS1 End7.29
CR1 Start7.94
Volume & EV
DER(3)0.55%
DER(5)0.33%
Volume19.10K
Volume Incr-21.26%
Vol(5)119.26K
Vol(50)126.13K