TECHSTEP ASA (TECH.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:TECH - NO0012916131 - Common Stock
Overall TECH gets a technical rating of 2 out of 10. 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.
TECH has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 11.89, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TECH 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.
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10.83
3 important support areas can be observed.
- A support zone ranging from 11.70 to 11.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.35 from a horizontal line in the daily time frame.
- Support @10.94 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 12.45 to 12.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 13.26 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 | DOWN | NEGATIVE | The short term trend for TECH.OL is down. |
| ChartMill Relative Strength | 14.6 | NEGATIVE | TECH.OL has a low relative strength, it was outperformed by 85.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TECH.OL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TECH.OL is above 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) | 45.59 | NEUTRAL | The RSI value for TECH.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests TECH.OL has a negative trend. |
| Stochastics (14,3) | 12.37 | OVERSOLD | The low Stochastics value suggests TECH.OL may be oversold. |
| Average True Range in percent/ATR (20) | 4.05 | MEDIUM VOLATILITY | The ATR as a percentage value for TECH.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 17.24 | NEGATIVE | The low ADX value for TECH.OL suggests a weak or negative trend. |
OSL:TECH (1/9/2026, 4:09:41 PM)
12.4
-0.1 (-0.8%)
TECHSTEP ASA / TECH.OL FAQ
Can you provide the ChartMill technical rating for TECHSTEP ASA?
ChartMill assigns a technical rating of 2 / 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 45.5927. 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.