TECHSTEP ASA (TECH.OL) Stock Technical Analysis
Europe - OSL:TECH - NO0012916131 - Common Stock
13 NOK
-0.45 (-3.35%)
Taking everything into account, TECH scores 4 out of 10 in our technical rating. TECH has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Warning: TECH has an average volume of 15859 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month TECH has a been trading in the 12.00 - 13.45 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, TECH outperforms 55% of them, which is more or less in line with the market.
TECH is part of the Technology Hardware, Storage & Peripherals industry. There are 27 other stocks in this industry, TECH did better than 61% of them.
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.
TECH has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 12.74, a Stop Loss order could be placed below this zone.
More info and screens
10.83
13.65
We found 3 important support areas.
- A support zone ranging from 12.49 to 12.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.77 from a trend line in the weekly time frame.
- Support @10.94 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 13.03 to 13.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 13.36 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 | NEUTRAL | NEUTRAL | The long term trend for TECH.OL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TECH.OL is neutral. |
| ChartMill Relative Strength | 55.31 | NEUTRAL | TECH.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TECH.OL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TECH.OL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TECH.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.55 | NEUTRAL | The RSI value for TECH.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests TECH.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.8 | NEUTRAL | The Stochastics value for TECH.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.34 | MEDIUM VOLATILITY | The ATR as a percentage value for TECH.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 22.07 | NEUTRAL | The ADX value for TECH.OL suggests a possible start of a new 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 (9/18/2025, 7:00:00 PM)
13
-0.45 (-3.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-3.35%
1 Week2.4%
2 Weeks-0.39%
1 Month-1.54%
3 Month10.34%
6 Month3.23%
12 Month8.02%
2 Year28.51%
3 Year1074.31%
5 Year157.03%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%4.34%
ATR Inc53.29%
Range Today0.55
ADR(20)0.52
ADR(20)%4.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.31
Mansfield-0.78
10 Day High13.45
10 Day Low12
20 Day High13.45
20 Day Low12
52 Week High14.95
52 Week Low10.1
CS1 End12.74
CR1 Start12.83
Volume & EV
DER(3)-8.12%
DER(5)-4.13%
Volume8.87K
Volume Incr10.35%
Vol(5)20.60K
Vol(50)15.86K