SCANA ASA (SCANA.OL) Technical Analysis
OSL:SCANA • NO0003053308
Current stock price
SCANA.OL Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to SCANA. In the past year, SCANA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, SCANA is a bad performer in the overall market: 81% of all stocks are doing better.
- SCANA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month SCANA has a been trading in the 1.34 - 1.53 range, which is quite wide. It is currently trading near the high of this range.
- SCANA is part of the Machinery industry. There are 107 other stocks in this industry, SCANA did better than 48% of them.
SCANA.OL Weekly and Daily overview Charts
SCANA.OL Setup Rating and Analysis
Although the technical rating is bad, SCANA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.46, a Stop Loss order could be placed below this zone.
More info and screens
SCANA.OL Support and Resistance Analysis
1.32
We found 2 important support areas.
- A support zone ranging from 1.43 to 1.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.33 to 1.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.50 to 1.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @1.60 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.64 to 1.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
SCANA.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 | NEUTRAL | NEUTRAL | The long term trend for SCANA.OL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SCANA.OL is up. |
| ChartMill Relative Strength | 19.82 | NEGATIVE | SCANA.OL has a low relative strength, it was outperformed by 80.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SCANA.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SCANA.OL is above 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) | 53.4 | NEUTRAL | The RSI value for SCANA.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SCANA.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.79 | NEUTRAL | The Stochastics value for SCANA.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.35 | MEDIUM VOLATILITY | The ATR as a percentage value for SCANA.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 13.48 | NEGATIVE | The low ADX value for SCANA.OL suggests a weak or negative trend. |
SCANA.OL Chart- and CandleStick Pattern Analysis
SCANA.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:SCANA (4/24/2026, 12:39:24 PM)
1.485
+0.02 (+1.37%)
SCANA ASA / SCANA.OL TA FAQ
What is the technical rating for SCANA stock?
ChartMill assigns a technical rating of 3 / 10 to SCANA.OL.
Can you provide the trend direction for SCANA ASA?
The current trend direction for SCANA ASA (SCANA.OL) is Bearish.
What is the RSI signal for SCANA stock?
SCANA ASA (SCANA.OL) has an RSI value of 53.4033. This indicates that the stock is currently neutral.
What is the short term momentum for SCANA ASA (SCANA.OL) stock?
The short term momentum for SCANA ASA (SCANA.OL) is positive.
What are the support and resistance levels for SCANA ASA (SCANA.OL) stock?
SCANA ASA (SCANA.OL) has a support level at 1.46 and a resistance level at 1.5. Check the full technical report for our detailed analysis of SCANA.OL support and resistance levels.