SMARTOPTICS GROUP ASA (SMOP.OL) Stock Technical Analysis
Europe - OSL:SMOP - NO0011012502 - Common Stock
Overall SMOP gets a technical rating of 3 out of 10. SMOP performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
SMOP 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 20.60, a Stop Loss order could be placed below this zone.
More info and screens
20.30
We found 1 important support area.
- A support zone ranging from 20.50 to 20.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.91 to 21.91. 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 SMOP.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SMOP.OL is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | SMOP.OL has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SMOP.OL is above a declining SMA(20). |
| Relative Strength Index/RSI (14) | 54.07 | NEUTRAL | The RSI value for SMOP.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests SMOP.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50.57 | NEUTRAL | The Stochastics value for SMOP.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.25 | HIGH VOLATILITY | The high ATR as a percentage value for SMOP.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 19.01 | NEGATIVE | The low ADX value for SMOP.OL suggests a weak or negative trend. |
OSL:SMOP (10/23/2025, 7:00:00 PM)
21.9
+0.3 (+1.39%)
SMARTOPTICS GROUP ASA / SMOP.OL FAQ
What is the ChartMill technical rating of SMARTOPTICS GROUP ASA (SMOP.OL) stock?
ChartMill assigns a technical rating of 3 / 10 to SMOP.OL.
What is the trend direction for SMOP stock?
The current trend direction for SMARTOPTICS GROUP ASA (SMOP.OL) is Bullish.
What is the RSI signal for SMOP stock?
SMARTOPTICS GROUP ASA (SMOP.OL) has an RSI value of 54.0707. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SMARTOPTICS GROUP ASA?
The short term momentum for SMARTOPTICS GROUP ASA (SMOP.OL) is positive.
What are the support and resistance levels for SMARTOPTICS GROUP ASA (SMOP.OL) stock?
SMARTOPTICS GROUP ASA (SMOP.OL) has a support level at 20.6 and a resistance level at 21.91. Check the full technical report for our detailed analysis of SMOP.OL support and resistance levels.