REC SILICON ASA (RECSI.OL) Stock Technical Analysis
OSL:RECSI - Euronext Oslo - NO0010112675 - Common Stock - Currency: NOK
Overall RECSI gets a technical rating of 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. RECSI was also a bad performer in the overall market in the last year.
RECSI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.13. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.11, a Stop Loss order could be placed below this zone.
More info and screens
2.05
When analyzing the support we notice one important area.
- A support zone ranging from 2.07 to 2.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.14 to 2.14. 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 | DOWN | NEGATIVE | The long term trend for RECSI.OL is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RECSI.OL is up. |
| ChartMill Relative Strength | 31.91 | NEUTRAL | RECSI.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RECSI.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RECSI.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RECSI.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.57 | NEUTRAL | The RSI value for RECSI.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RECSI.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.9 | NEUTRAL | The Stochastics value for RECSI.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.57 | LOW VOLATILITY | The low ATR as a percentage value for RECSI.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 39.92 | POSITIVE | The high ADX value value for RECSI.OL suggests a strong trend. |
OSL:RECSI (6/19/2025, 3:26:12 PM)
2.14
+0.01 (+0.47%)