STRONGPOINT ASA (STRO.OL) Stock Technical Analysis
Europe - OSL:STRO - NO0010098247 - Common Stock
10.7 NOK
-0.05 (-0.47%)
We assign a technical rating of 1 out of 10 to STRO. STRO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
68% of all other stocks performed better in the past year than STRO.
In the last month STRO has a been trading in the 10.25 - 11.30 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.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
STRO is part of the Electronic Equipment, Instruments & Components industry. There are 53 other stocks in this industry, STRO did better than 55% of them.
STRO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so STRO is lagging the market.
STRO 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 10.49, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for STRO 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
10.39
12.22
When analyzing the support we notice one important area.
- Support @10.49 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 10.84 to 10.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.17 to 11.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 11.70 to 11.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 11.96 to 12.10. 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 | NEUTRAL | NEUTRAL | The long term trend for STRO.OL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for STRO.OL is down. |
| ChartMill Relative Strength | 32.79 | NEUTRAL | STRO.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of STRO.OL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of STRO.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of STRO.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.67 | NEUTRAL | The RSI value for STRO.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests STRO.OL has a negative trend. |
| Stochastics (14,3) | 24.29 | NEUTRAL | The Stochastics value for STRO.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for STRO.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 12.35 | NEGATIVE | The low ADX value for STRO.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)
OSL:STRO (9/26/2025, 1:30:18 PM)
10.7
-0.05 (-0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-0.47%
1 Week-0.93%
2 Weeks-3.6%
1 Month0.94%
3 Month-4.46%
6 Month7.43%
12 Month1.9%
2 Year-39.2%
3 Year-40.49%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%2.29%
ATR Inc-6.67%
Range Today0.15
ADR(20)0.21
ADR(20)%1.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.79
Mansfield-0.71
10 Day High11.1
10 Day Low10.55
20 Day High11.3
20 Day Low10.25
52 Week High12.2
52 Week Low8.6
CS1 End10.49
CR1 Start10.84
Volume & EV
DER(3)18.45%
DER(5)11.07%
Volume1.45K
Volume Incr-44.58%
Vol(5)28.16K
Vol(50)35.94K