STRONGPOINT ASA (STRO.OL) Stock Technical Analysis
Europe - OSL:STRO - NO0010098247 - Common Stock
9.84 NOK
-0.26 (-2.57%)
We assign a technical rating of 0 out of 10 to STRO. STRO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, STRO is a bad performer in the overall market: 74% of all stocks are doing better.
In the last month STRO has a been trading in the 10.00 - 11.20 range, which is quite wide. It is currently trading near the lows of this range.
STRO is part of the Electronic Equipment, Instruments & Components industry. There are 56 other stocks in this industry, STRO did better than 49% 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.
Although the technical rating is bad, STRO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. 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
9.74
12.22
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 9.99 to 10.33. 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 10.53 to 10.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.89 from a trend line in the weekly time frame.
- A resistance zone ranging from 11.11 to 11.25. 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 | DOWN | NEGATIVE | The long term trend for STRO.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for STRO.OL is down. |
| ChartMill Relative Strength | 26.26 | NEGATIVE | STRO.OL has a low relative strength, it was outperformed by 73.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of STRO.OL is below a declining 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) | DOWN | NEGATIVE | The current price of STRO.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.42 | NEUTRAL | The RSI value for STRO.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests STRO.OL has a positive trend. |
| Stochastics (14,3) | 12.5 | OVERSOLD | The low Stochastics value suggests STRO.OL may be oversold. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for STRO.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 17.16 | 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 (10/21/2025, 7:00:00 PM)
9.84
-0.26 (-2.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-2.57%
1 Week0%
2 Weeks2%
1 Month-5.12%
3 Month-7.69%
6 Month10.87%
12 Month0.49%
2 Year-22.14%
3 Year-44.5%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%2.99%
ATR Inc-27.84%
Range Today0.41
ADR(20)0.3
ADR(20)%3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.26
Mansfield-1.17
10 Day High11.2
10 Day Low10
20 Day High11.2
20 Day Low10
52 Week High12.2
52 Week Low8.6
CS1 EndN/A
CR1 Start9.99
Volume & EV
DER(3)5.55%
DER(5)2.15%
Volume55.46K
Volume Incr96.86%
Vol(5)50.73K
Vol(50)38.15K