SCATEC ASA (SCATC.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:SCATC - NO0010715139 - Common Stock
Overall SCATC gets a technical rating of 9 out of 10. 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 and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that SCATC is one of the better performing stocks in the market, outperforming 79% of all stocks.
- SCATC is one of the better performing stocks in the Independent Power and Renewable Electricity Producers industry, it outperforms 89% of 20 stocks in the same industry.
- SCATC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month SCATC has a been trading in the 99.90 - 117.20 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
Although SCATC has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
75.40
We found 3 important support areas.
- A support zone ranging from 103.20 to 105.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 @76.16 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for SCATC.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SCATC.OL is up. |
| ChartMill Relative Strength | 79.45 | POSITIVE | SCATC.OL has a high relative strength, it outperformed 79.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SCATC.OL is above 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) | 71.97 | OVERBOUGHT | The high RSI value suggests SCATC.OL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.79 | POSITIVE | The MACD value suggests SCATC.OL has a positive trend. |
| Stochastics (14,3) | 80.05 | OVERBOUGHT | The high Stochastics value suggests SCATC.OL may be overbought. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for SCATC.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 33.12 | POSITIVE | The high ADX value value for SCATC.OL suggests a strong trend. |
OSL:SCATC (1/14/2026, 4:19:54 PM)
113.1
+0.3 (+0.27%)
SCATEC ASA / SCATC.OL FAQ
Can you provide the ChartMill technical rating for SCATEC ASA?
ChartMill assigns a technical rating of 9 / 10 to SCATC.OL.
What is the trend direction for SCATC 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 71.97. This indicates that the stock is currently overbought.
What is the MACD signal for SCATC stock?
The MACD indicator for SCATEC ASA (SCATC.OL) has a value of 0.79396, indicating a bearish trend.
Can you provide the buy/sell signal for SCATEC ASA?
The buy/sell signal for SCATEC ASA (SCATC.OL) is buy as both the short term and long term trends are positive.