SMARTCRAFT ASA (SMCRT.OL) Stock Technical Analysis
OSL:SMCRT - Euronext Oslo - NO0011008971 - Common Stock - Currency: NOK
We assign a technical rating of 4 out of 10 to SMCRT. In the past year, SMCRT 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.
Although the technical rating is only medium, SMCRT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 27.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.95, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
22.77
2 important support areas can be observed.
- Support @24.40 from a trend line in the daily time frame.
- A support zone ranging from 23.00 to 23.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 27.07 to 27.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 27.59 to 27.70. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @28.20 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for SMCRT.OL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SMCRT.OL is up. |
| ChartMill Relative Strength | 20.03 | NEGATIVE | SMCRT.OL has a low relative strength, it was outperformed by 79.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SMCRT.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SMCRT.OL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SMCRT.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.34 | NEUTRAL | The RSI value for SMCRT.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SMCRT.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.85 | NEUTRAL | The Stochastics value for SMCRT.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.79 | MEDIUM VOLATILITY | The ATR as a percentage value for SMCRT.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 19.17 | NEGATIVE | The low ADX value for SMCRT.OL suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 27.71 | 25.16 | 2.55 (9.20%) | 10.87% |
| An entry @27.71. This is a Buy Stop order right above the resistance zone. | An exit @25.16. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.55 points, which is 9.20%. | When investing 10.87% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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:SMCRT (7/1/2025, 4:11:39 PM)
26.4
-0.4 (-1.49%)