TECHSTEP ASA (TECH.OL) Stock Technical Analysis
Europe • Euronext Oslo • OSL:TECH • NO0012916131
11.85 NOK
+0.25 (+2.16%)
Last: Feb 3, 2026, 07:00 PM
We assign a technical rating of 0 out of 10 to TECH. TECH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 82% of all other stocks performed better in the past year than TECH.
- In the last month TECH has a been trading in the 11.45 - 13.00 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: TECH has an average volume of 22822 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- TECH is an average performer in the Technology Hardware, Storage & Peripherals industry, it outperforms 62% of 33 stocks in the same industry.
- TECH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TECH is lagging the market.
- Considerably lower volume is observed in the last couple of days.
TECH has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
More info and screens
10.83
13.65
We found 2 important support areas.
- Support @11.35 from a horizontal line in the daily time frame.
- Support @10.94 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 11.93 to 12.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.22 to 12.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 13.14 to 13.51. 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 | DOWN | NEGATIVE | The long term trend for TECH.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TECH.OL is down. |
| ChartMill Relative Strength | 18.29 | NEGATIVE | TECH.OL has a low relative strength, it was outperformed by 81.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TECH.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TECH.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TECH.OL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.07 | NEUTRAL | The RSI value for TECH.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests TECH.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.22 | NEUTRAL | The Stochastics value for TECH.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.29 | MEDIUM VOLATILITY | The ATR as a percentage value for TECH.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 12.93 | NEGATIVE | The low ADX value for TECH.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:TECH (2/3/2026, 7:00:00 PM)
11.85
+0.25 (+2.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg2.16%
1 Week-1.25%
2 Weeks-4.05%
1 Month-8.14%
3 Month-2.87%
6 Month-7.78%
12 Month-15.05%
2 Year31.81%
3 Year908.51%
5 Year146.88%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%3.29%
ATR Inc23.15%
Range Today0.55
ADR(20)0.37
ADR(20)%3.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.29
3 months CRS22.81
6 months CRS19.82
Mansfield-1.31
10 Day High12.5
10 Day Low11.45
20 Day High13
20 Day Low11.45
52 Week High14.05
52 Week Low10.1
CS1 End11.35
CR1 Start11.93
Volume & EV
DER(3)-0.91%
DER(5)-0.55%
Volume8.01K
Volume Incr-51.67%
Vol(5)8.86K
Vol(50)22.82K
TECHSTEP ASA / TECH.OL FAQ
Can you provide the ChartMill technical rating for TECHSTEP ASA?
ChartMill assigns a technical rating of 0 / 10 to TECH.OL.
What is the current trend direction of TECHSTEP ASA (TECH.OL) stock?
The current trend direction for TECHSTEP ASA (TECH.OL) is Bearish.
What is the RSI signal for TECHSTEP ASA (TECH.OL) stock?
TECHSTEP ASA (TECH.OL) has an RSI value of 40.0712. This indicates that the stock is currently neutral.
What is the short term momentum for TECHSTEP ASA (TECH.OL) stock?
The short term momentum for TECHSTEP ASA (TECH.OL) is negative.
Can you provide the buy/sell signal for TECHSTEP ASA?
The buy/sell signal for TECHSTEP ASA (TECH.OL) is sell as both the short term and long term trends are negative.