STRONGPOINT ASA (STRO.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:STRO - NO0010098247 - Common Stock
We assign a technical rating of 4 out of 10 to STRO. In the past year, STRO 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.
STRO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 10.21. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
9.08
When analyzing the support we notice one important area.
- A support zone ranging from 9.17 to 9.30. 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 10.21 to 10.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.70 from a horizontal line in the weekly time frame.
- Resistance @12.10 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for STRO.OL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STRO.OL is up. |
| ChartMill Relative Strength | 31.14 | NEUTRAL | STRO.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STRO.OL is above 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 | MIXED | The current price of STRO.OL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.99 | NEUTRAL | The RSI value for STRO.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests STRO.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.14 | NEUTRAL | The Stochastics value for STRO.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for STRO.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 18.82 | NEGATIVE | The low ADX value for STRO.OL suggests a weak or negative trend. |
OSL:STRO (12/18/2025, 7:00:00 PM)
10.2
+0.15 (+1.49%)
STRONGPOINT ASA / STRO.OL FAQ
What is the ChartMill technical rating of STRONGPOINT ASA (STRO.OL) stock?
ChartMill assigns a technical rating of 4 / 10 to STRO.OL.
What is the current trend direction of STRONGPOINT ASA (STRO.OL) stock?
The current trend direction for STRONGPOINT ASA (STRO.OL) is Bearish.
Can you provide the RSI signal for STRONGPOINT ASA?
STRONGPOINT ASA (STRO.OL) has an RSI value of 58.9887. This indicates that the stock is currently neutral.
What is the MACD signal for STRONGPOINT ASA (STRO.OL) stock?
The MACD indicator for STRONGPOINT ASA (STRO.OL) has a value of 0.0707055, indicating a bearish trend.
What is the short term momentum for STRO stock?
The short term momentum for STRONGPOINT ASA (STRO.OL) is positive.