SCANA ASA (SCANA.OL) Stock Technical Analysis
OSL:SCANA - Euronext Oslo - NO0003053308 - Common Stock - Currency: NOK
We assign a technical rating of 0 out of 10 to SCANA. 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.
95% of all other stocks performed better in the past year than SCANA.
SCANA is part of the Machinery industry. There are 103 other stocks in this industry, of which 82% are performing better than SCANA.
SCANA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month SCANA has a been trading in the 1.51 - 1.67 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
SCANA has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.49, a Stop Loss order could be placed below this zone.
More info and screens
1.48
1.65
When analyzing the support we notice one important area.
- A support zone ranging from 1.49 to 1.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.53 to 1.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.60 to 1.63. 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 SCANA.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SCANA.OL is down. |
| ChartMill Relative Strength | 5.99 | NEGATIVE | SCANA.OL has a low relative strength, it was outperformed by 94.01% 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) | 41.04 | 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) | 23.54 | NEUTRAL | The Stochastics value for SCANA.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.74 | MEDIUM VOLATILITY | The ATR as a percentage value for SCANA.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 23.88 | NEUTRAL | The ADX value for SCANA.OL suggests a possible start of a new 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 (7/4/2025, 7:00:00 PM)
1.532
-0.01 (-0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.52%
1 Week-2.61%
2 Weeks-4.32%
1 Month-4.44%
3 Month-21.19%
6 Month-47.99%
12 Month-28.22%
2 Year-24.31%
3 Year3.31%
5 Year54.44%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%3.74%
ATR Inc-24.3%
Range Today0.04
ADR(20)0.06
ADR(20)%3.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.99
Mansfield-4.26
10 Day High1.67
10 Day Low1.51
20 Day High1.67
20 Day Low1.51
52 Week High3.5
52 Week Low1.45
CS1 End1.49
CR1 Start1.53
Volume & EV
DER(3)0.4%
DER(5)0.25%
Volume175.60K
Volume Incr-21.89%
Vol(5)262.82K
Vol(50)490.67K