SCANA ASA (SCANA.OL) Stock Technical Analysis
OSL:SCANA - Euronext Oslo - NO0003053308 - Common Stock - Currency: NOK
Overall SCANA gets a technical rating of 0 out of 10. SCANA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
93% of all other stocks performed better in the past year than SCANA.
SCANA is part of the Machinery industry. There are 111 other stocks in this industry, of which 70% are performing better than SCANA.
SCANA is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SCANA is lagging the market.
In the last month SCANA has a been trading in the 1.45 - 2.10 range, which is quite wide. It is currently trading near the lows of this range.
SCANA has a poor technical rating and the quality of the setup is also 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
1.54
2.16
4 important resistance areas can be observed.
- Resistance @1.62 from a horizontal line in the daily time frame.
- Resistance @1.89 from a trend line in the daily time frame.
- Resistance @2.06 from a horizontal line in the daily time frame.
- Resistance @2.14 from a trend line in the daily 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 SCANA.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SCANA.OL is down. |
| ChartMill Relative Strength | 7.35 | NEGATIVE | SCANA.OL has a low relative strength, it was outperformed by 92.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SCANA.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SCANA.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SCANA.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.14 | NEUTRAL | The RSI value for SCANA.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SCANA.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.72 | NEUTRAL | The Stochastics value for SCANA.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 7.39 | HIGH VOLATILITY | The high ATR as a percentage value for SCANA.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 29.61 | POSITIVE | The high ADX value value for SCANA.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:SCANA (5/30/2025, 7:00:00 PM)
1.552
-0.03 (-1.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.9%
1 Week-0.13%
2 Weeks-10.29%
1 Month-19.25%
3 Month-30.56%
6 Month-45.16%
12 Month-27.48%
2 Year-17.45%
3 Year3.47%
5 Year71.49%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%7.39%
ATR Inc-38.05%
Range Today0.06
ADR(20)0.1
ADR(20)%6.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.35
Mansfield-3.99
10 Day High1.76
10 Day Low1.46
20 Day High2.1
20 Day Low1.45
52 Week High3.5
52 Week Low1.45
CS1 EndN/A
CR1 Start1.62
Volume & EV
DER(3)-0.23%
DER(5)-0.29%
Volume571.63K
Volume Incr-2.78%
Vol(5)656.72K
Vol(50)572.88K