TECHSTEP ASA (TECH.OL) Technical Analysis
OSL:TECH • NO0012916131
Current stock price
TECH.OL Technical Rating and Analysis
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.
- 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, TECH is a bad performer in the overall market: 83% of all stocks are doing better.
- TECH is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so TECH is lagging the market.
- In the last month TECH has a been trading in the 9.72 - 11.55 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: TECH has an average volume of 11034 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 51% of 32 stocks in the same industry.
TECH.OL Weekly and Daily overview Charts
TECH.OL Setup Rating and Analysis
The technical rating of TECH is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
TECH.OL Support and Resistance Analysis
9.58
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 10.59 to 10.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 10.91 to 11.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.36 to 11.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.50 from a horizontal line in the daily time frame.
- Resistance @12.92 from a trend line in the weekly time frame.
- A resistance zone ranging from 13.35 to 13.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
TECH.OL Technical Indicator Signal Analysis
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 | 17.28 | NEGATIVE | TECH.OL has a low relative strength, it was outperformed by 82.72% 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) | DOWN | NEGATIVE | The current price of TECH.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.47 | NEUTRAL | The RSI value for TECH.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TECH.OL has a negative trend. |
| Stochastics (14,3) | 28.45 | NEUTRAL | The Stochastics value for TECH.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.61 | MEDIUM VOLATILITY | The ATR as a percentage value for TECH.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 22.95 | NEUTRAL | The ADX value for TECH.OL suggests a possible start of a new trend. |
TECH.OL Chart- and CandleStick Pattern Analysis
TECH.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:TECH (3/30/2026, 10:57:59 AM)
9.68
-0.97 (-9.11%)
TECHSTEP ASA / TECH.OL TA 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 40.4708. 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.