REC SILICON ASA (RECSI.OL) Stock Technical Analysis
OSL:RECSI - Euronext Oslo - NO0010112675 - Common Stock - Currency: NOK
We assign a technical rating of 5 out of 10 to RECSI. RECSI has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
RECSI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RECSI is lagging the market.
RECSI is part of the Semiconductors & Semiconductor Equipment industry. There are 51 other stocks in this industry. RECSI outperforms 92% of them.
In the last month RECSI has a been trading in the 2.00 - 2.16 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
RECSI has an average volume of 1817660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When compared to the yearly performance of all other stocks, RECSI outperforms 60% of them, which is more or less in line with the market.
Although the technical rating is only medium, RECSI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 2.14. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.05, a Stop Loss order could be placed below this zone.
More info and screens
2.01
2.16
We found 1 important support area.
- A support zone ranging from 2.03 to 2.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance 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 | 60.9 | NEUTRAL | RECSI.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RECSI.OL is above a declining 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) | 65.38 | NEUTRAL | The RSI value for RECSI.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests RECSI.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 83.12 | OVERBOUGHT | The high Stochastics value suggests RECSI.OL may be overbought. |
| Average True Range in percent/ATR (20) | 1.65 | LOW VOLATILITY | The low ATR as a percentage value for RECSI.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 50.85 | POSITIVE | The high ADX value value for RECSI.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:RECSI (5/28/2025, 7:00:00 PM)
2.128
-0.01 (-0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-0.28%
1 Week1.43%
2 Weeks3.8%
1 Month-0.09%
3 Month87.49%
6 Month-49.38%
12 Month-77.69%
2 Year-87.34%
3 Year-88.49%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%1.65%
ATR Inc-53.33%
Range Today0.02
ADR(20)0.03
ADR(20)%1.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.9
Mansfield-5.59
10 Day High2.16
10 Day Low2.04
20 Day High2.16
20 Day Low2
52 Week High11.3
52 Week Low1.04
CS1 End2.05
CR1 Start2.14
Volume & EV
DER(3)0.21%
DER(5)-0.42%
Volume630.61K
Volume Incr-47.87%
Vol(5)1.00M
Vol(50)1.82M