TECHSTEP ASA (TECH.OL) Stock Technical Analysis
OSL:TECH - Euronext Oslo - NO0012916131 - Common Stock - Currency: NOK
We assign a technical rating of 1 out of 10 to TECH. TECH has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
Warning: TECH has an average volume of 16184 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the performance of all stocks over the past year, TECH turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
TECH is part of the Technology Hardware, Storage & Peripherals industry. There are 26 other stocks in this industry, TECH did better than 68% of them.
TECH is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month TECH has a been trading in the 10.10 - 12.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
TECH has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
10.53
14.16
We found 2 important support areas.
- A support zone ranging from 10.99 to 11.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.64 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 11.41 to 11.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 11.85 to 12.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.70 from a horizontal line in the daily time frame.
- Resistance @14.02 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.15
Mansfield-0.44
10 Day High11.95
10 Day Low10.55
20 Day High12.4
20 Day Low10.1
52 Week High15
52 Week Low8.74
Performance
1 Week3.64%
2 Weeks5.07%
1 Month-6.56%
3 Month-18.28%
6 Month-6.56%
12 Month16.33%
2 Year-32.86%
3 Year301.41%
5 Year322.22%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)50.17
LBB10.68
UBB11.41
OSL:TECH (5/7/2025, 7:00:00 PM)
11.4
+0.45 (+4.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg4.11%
1 Week3.64%
2 Weeks5.07%
1 Month-6.56%
3 Month-18.28%
6 Month-6.56%
12 Month16.33%
2 Year-32.86%
3 Year301.41%
5 Year322.22%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%5.57%
ATR Inc-21.13%
Range Today0.05
ADR(20)0.59
ADR(20)%5.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.15
Mansfield-0.44
10 Day High11.95
10 Day Low10.55
20 Day High12.4
20 Day Low10.1
52 Week High15
52 Week Low8.74
CS1 End11.13
CR1 Start11.41
Volume & EV
DER(3)0%
DER(5)0.2%
Volume1.33K
Volume Incr-84.29%
Vol(5)1.53K
Vol(50)16.18K