SCATEC ASA (SCATC.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:SCATC - NO0010715139 - Common Stock
We assign a technical rating of 2 out of 10 to SCATC. SCATC has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Although the technical rating is bad, SCATC 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 99.29. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 98.95, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SCATC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
74.77
2 important support areas can be observed.
- A support zone ranging from 98.00 to 98.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @75.53 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 99.29 to 102.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 105.20 to 107.50. 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 | UP | POSITIVE | The long term trend for SCATC.OL is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SCATC.OL is down. |
| ChartMill Relative Strength | 58.8 | NEUTRAL | SCATC.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SCATC.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SCATC.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SCATC.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.19 | NEUTRAL | The RSI value for SCATC.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SCATC.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.36 | NEUTRAL | The Stochastics value for SCATC.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for SCATC.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 14.51 | NEGATIVE | The low ADX value for SCATC.OL suggests a weak or negative trend. |
OSL:SCATC (12/3/2025, 7:00:00 PM)
99.1
+0.05 (+0.05%)
SCATEC ASA / SCATC.OL FAQ
Can you provide the ChartMill technical rating for SCATEC ASA?
ChartMill assigns a technical rating of 2 / 10 to SCATC.OL.
What is the current trend direction of SCATEC ASA (SCATC.OL) stock?
The current trend direction for SCATEC ASA (SCATC.OL) is Bullish.
What is the RSI signal for SCATC stock?
SCATEC ASA (SCATC.OL) has an RSI value of 44.194. This indicates that the stock is currently neutral.
What is the MACD signal for SCATEC ASA (SCATC.OL) stock?
The MACD indicator for SCATEC ASA (SCATC.OL) has a value of -0.0448572, indicating a bearish trend.
What is the short term momentum for SCATEC ASA (SCATC.OL) stock?
The short term momentum for SCATEC ASA (SCATC.OL) is negative.