STRONGPOINT ASA (STRO.OL) Stock Technical Analysis
OSL:STRO - Euronext Oslo - NO0010098247 - Common Stock - Currency: NOK
Overall STRO gets a technical rating of 7 out of 10. Although STRO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
In the last month STRO has a been trading in the 10.90 - 12.20 range, which is quite wide. It is currently trading near the lows of this range.
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.
STRO 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 STRO is lagging the market slightly.
When compared to the yearly performance of all other stocks, STRO outperforms 66% of them, which is more or less in line with the market.
STRO is part of the Electronic Equipment, Instruments & Components industry. There are 52 other stocks in this industry, STRO did better than 54% of them.
Considerably lower volume is observed in the last couple of days.
STRO has an excellent technical rating and 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. 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
11.09
12.08
We found 1 important support area.
- A support zone ranging from 11.20 to 11.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @11.75 from a horizontal line in the daily time frame.
- A resistance zone ranging from 11.96 to 11.96. 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 STRO.OL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for STRO.OL is neutral. |
| ChartMill Relative Strength | 66.44 | 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) | UP | POSITIVE | The current price of STRO.OL is above the rising 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) | 49.36 | NEUTRAL | The RSI value for STRO.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests STRO.OL has a negative trend. |
| Stochastics (14,3) | 20.14 | NEUTRAL | The Stochastics value for STRO.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for STRO.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 37.54 | POSITIVE | The high ADX value value for STRO.OL suggests a strong 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 |
|---|---|---|---|
| 11.51 | 11.19 | 0.32 (2.76%) | 25.00% |
| An entry @11.51. This is a Buy Stop order right above the 10 day moving average. | An exit @11.19. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.32 points, which is 2.76%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.69%. |
- The distance between exit and entry is rather small compared to the average daily movement of STRO. 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:STRO (7/23/2025, 4:16:47 PM)
11.225
+0.03 (+0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.22%
1 Week-2.39%
2 Weeks-4.06%
1 Month2.05%
3 Month22.01%
6 Month2.51%
12 Month4.91%
2 Year-40.13%
3 Year-40.36%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%2.97%
ATR Inc-76.21%
Range Today0.03
ADR(20)0.32
ADR(20)%2.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.44
Mansfield0
10 Day High12.2
10 Day Low11
20 Day High12.2
20 Day Low10.9
52 Week High12.2
52 Week Low8.6
CS1 End11.21
CR1 Start11.75
Volume & EV
DER(3)39166.7%
DER(5)23504.5%
Volume1.82K
Volume Incr-45.27%
Vol(5)33.34K
Vol(50)58.48K