TECHSTEP ASA (TECH.OL) Technical Analysis
OSL:TECH • NO0012916131
Current stock price
TECH.OL Technical Rating and Analysis
Overall TECH gets a technical rating of 0 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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, TECH is a bad performer in the overall market: 82% of all stocks are doing better.
- TECH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Warning: TECH has an average volume of 10448 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 9.72 - 11.00 range, which is quite wide. It is currently trading near the high of this range.
- TECH is part of the Technology Hardware, Storage & Peripherals industry. There are 34 other stocks in this industry, TECH did better than 63% of them.
- Considerably lower volume is observed in the last couple of days.
TECH.OL Weekly and Daily overview Charts
TECH.OL Setup Rating and Analysis
TECH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 10.19, 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.
More info and screens
TECH.OL Support and Resistance Analysis
9.94
We found 1 important support area.
- A support zone ranging from 10.04 to 10.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 11.36 to 11.40. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @12.50 from a horizontal line in the daily time frame.
- Resistance @12.83 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 | NEUTRAL | NEUTRAL | The short term trend for TECH.OL is neutral. |
| ChartMill Relative Strength | 18.27 | NEGATIVE | TECH.OL has a low relative strength, it was outperformed by 81.73% off all stocks 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) | 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) | 53.06 | NEUTRAL | The RSI value for TECH.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests TECH.OL has a positive trend. |
| Stochastics (14,3) | 76.74 | NEUTRAL | The Stochastics value for TECH.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.49 | MEDIUM VOLATILITY | The ATR as a percentage value for TECH.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 14.93 | NEGATIVE | The low ADX value for TECH.OL suggests a weak or negative trend. |
TECH.OL Chart- and CandleStick Pattern Analysis
TECH.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:TECH (4/24/2026, 3:58:54 PM)
10.85
+0.05 (+0.46%)
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.
Can you provide the RSI signal for TECHSTEP ASA?
TECHSTEP ASA (TECH.OL) has an RSI value of 53.0555. This indicates that the stock is currently neutral.
What is the MACD signal for TECH stock?
The MACD indicator for TECHSTEP ASA (TECH.OL) has a value of 0.0732898, indicating a bearish trend.
What is the short term momentum for TECHSTEP ASA (TECH.OL) stock?
The short term momentum for TECHSTEP ASA (TECH.OL) is neutral.