SCATEC ASA (SCATC.OL) Stock Technical Analysis
Europe - OSL:SCATC - NO0010715139 - Common Stock
103.1 NOK
-0.7 (-0.67%)
We assign a technical rating of 8 out of 10 to SCATC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SCATC is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that SCATC is one of the better performing stocks in the market, outperforming 77% of all stocks.
SCATC is part of the Independent Power and Renewable Electricity Producers industry. There are 22 other stocks in this industry. SCATC outperforms 85% of them.
SCATC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SCATC is lagging the market slightly.
In the last month SCATC has a been trading in the 101.00 - 107.90 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Besides having an excellent technical rating, SCATC also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 99.79, a Stop Loss order could be placed below this zone.
More info and screens
73.55
108.27
When analyzing the support we can see 2 important areas.
- A support zone ranging from 98.95 to 99.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @74.29 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 103.53 to 107.20. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for SCATC.OL is neutral. |
| ChartMill Relative Strength | 77.24 | POSITIVE | SCATC.OL has a high relative strength, it outperformed 77.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SCATC.OL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SCATC.OL is above the rising 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) | 49.74 | NEUTRAL | The RSI value for SCATC.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests SCATC.OL has a negative trend. |
| Stochastics (14,3) | 25.56 | NEUTRAL | The Stochastics value for SCATC.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for SCATC.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 16.2 | NEGATIVE | The low ADX value for SCATC.OL suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 103.54 | 101.89 | 1.65 (1.59%) | 25.00% |
| An entry @103.54. This is a Buy Stop order right above the 10 day moving average. | An exit @101.89. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.65 points, which is 1.59%. | For a 0.40% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SCATC. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OSL:SCATC (9/12/2025, 7:00:00 PM)
103.1
-0.7 (-0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-0.67%
1 Week-0.87%
2 Weeks-2.46%
1 Month3.36%
3 Month17.63%
6 Month30.01%
12 Month23.92%
2 Year63.65%
3 Year37.54%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.95
ATR(20)%2.34%
ATR Inc-47.5%
Range Today1.4
ADR(20)2.31
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.24
Mansfield0.93
10 Day High106.5
10 Day Low101.9
20 Day High107.9
20 Day Low101
52 Week High107.9
52 Week Low68
CS1 End99.79
CR1 Start103.53
Volume & EV
DER(3)-4.33%
DER(5)-0.94%
Volume132.77K
Volume Incr-42.02%
Vol(5)152.13K
Vol(50)218.90K