STRONGPOINT ASA (STRO.OL) Stock Technical Analysis
OSL:STRO - Euronext Oslo - NO0010098247 - Common Stock - Currency: NOK
Taking everything into account, STRO scores 7 out of 10 in our technical rating. 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 comparing the performance of all stocks over the past year, STRO turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
STRO is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 54% of 52 stocks in the same industry.
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. 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
11.08
12.08
When analyzing the support we notice one important area.
- A support zone ranging from 11.19 to 11.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 11.41 to 11.75. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 65.62 | 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) | 48.9 | NEUTRAL | The RSI value for STRO.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests STRO.OL has a negative trend. |
| Stochastics (14,3) | 27.29 | NEUTRAL | The Stochastics value for STRO.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.15 | MEDIUM VOLATILITY | The ATR as a percentage value for STRO.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 43.45 | 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)
OSL:STRO (7/22/2025, 2:42:53 PM)
11.2
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0%
1 Week-5.08%
2 Weeks-3.45%
1 Month0.9%
3 Month21.74%
6 Month2.28%
12 Month4.67%
2 Year-40.27%
3 Year-40.49%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%3.15%
ATR Inc23.08%
Range Today0.15
ADR(20)0.33
ADR(20)%2.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.62
Mansfield0.06
10 Day High12.2
10 Day Low11
20 Day High12.2
20 Day Low10.9
52 Week High12.2
52 Week Low8.6
CS1 End11.19
CR1 Start11.41
Volume & EV
DER(3)13.27%
DER(5)7.96%
Volume3.94K
Volume Incr-42.08%
Vol(5)37.36K
Vol(50)59.16K