STRONGPOINT ASA (STRO.OL) Stock Technical Analysis
Europe - OSL:STRO - NO0010098247 - Common Stock
9.3 NOK
-0.18 (-1.9%)
We assign a technical rating of 0 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, STRO is a bad performer in the overall market: 84% of all stocks are doing better.
STRO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month STRO has a been trading in the 9.22 - 11.20 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
STRO is part of the Electronic Equipment, Instruments & Components industry. There are 53 other stocks in this industry, STRO did better than 42% of them.
The technical rating of STRO is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.21
12.22
We can see 6 important resistance areas.
- A resistance zone ranging from 9.99 to 10.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.40 to 10.58. 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.
- Resistance @11.25 from a horizontal line in the daily time frame.
- 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 | 16.79 | NEGATIVE | STRO.OL has a low relative strength, it was outperformed by 83.21% 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) | 23.53 | OVERSOLD | The low RSI value suggests STRO.OL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests STRO.OL has a negative trend. |
| Stochastics (14,3) | 2.1 | OVERSOLD | The low Stochastics value suggests STRO.OL may be oversold. |
| Average True Range in percent/ATR (20) | 3.58 | MEDIUM VOLATILITY | The ATR as a percentage value for STRO.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 15.75 | 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 (10/24/2025, 7:00:00 PM)
9.3
-0.18 (-1.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-1.9%
1 Week-8.37%
2 Weeks-7%
1 Month-13.49%
3 Month-15.84%
6 Month1.09%
12 Month-8.37%
2 Year-29.01%
3 Year-49.4%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%3.58%
ATR Inc-15.4%
Range Today0.18
ADR(20)0.32
ADR(20)%3.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.79
3 months CRS9.21
6 months CRS30.52
Mansfield-2.01
10 Day High11.2
10 Day Low9.22
20 Day High11.2
20 Day Low9.22
52 Week High12.2
52 Week Low8.6
CS1 EndN/A
CR1 Start9.99
Volume & EV
DER(3)-0.77%
DER(5)-2.26%
Volume124.79K
Volume Incr409.56%
Vol(5)175.73K
Vol(50)55.11K
STRONGPOINT ASA / STRO.OL FAQ
What is the ChartMill technical rating of STRONGPOINT ASA (STRO.OL) stock?
ChartMill assigns a technical rating of 0 / 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 23.5339. This indicates that the stock is currently oversold.
What is the MACD signal for STRONGPOINT ASA (STRO.OL) stock?
The MACD indicator for STRONGPOINT ASA (STRO.OL) has a value of -0.0708, indicating a bearish trend.
What is the short term momentum for STRO stock?
The short term momentum for STRONGPOINT ASA (STRO.OL) is negative.