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's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, TECH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 12.45, a Stop Loss order could be placed below this zone.
More info and screens
10.83
We found 4 important support areas.
- A support zone ranging from 12.40 to 12.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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.
When analyzing the resistance we notice one important area.
- 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 | 15.29 | NEGATIVE | TECH.OL has a low relative strength, it was outperformed by 84.71% 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) | 47.14 | 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) | 15.07 | OVERSOLD | The low Stochastics value suggests TECH.OL may be oversold. |
| Average True Range in percent/ATR (20) | 4.04 | MEDIUM VOLATILITY | The ATR as a percentage value for TECH.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 17.13 | NEGATIVE | The low ADX value for TECH.OL suggests a weak or negative trend. |
OSL:TECH (1/9/2026, 7:00:00 PM)
12.5
0 (0%)
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 47.1381. 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.