TELENOR ASA (TEL.OL) Technical Analysis
OSL:TEL • NO0010063308
Current stock price
TEL.OL Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to TEL. TEL has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- TEL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- TEL has an average volume of 1536280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, TEL outperforms 66% of them, which is more or less in line with the market.
- TEL is an average performer in the Diversified Telecommunication Services industry, it outperforms 68% of 33 stocks in the same industry.
- TEL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TEL is lagging the market.
TEL.OL Weekly and Daily overview Charts
TEL.OL Setup Rating and Analysis
TEL has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 169.03, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TEL 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
TEL.OL Support and Resistance Analysis
140.09
We found 2 important support areas.
- Support @148.31 from a trend line in the weekly time frame.
- A support zone ranging from 141.50 to 142.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 165.79 to 170.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 177.01 to 177.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
TEL.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 | UP | POSITIVE | The long term trend for TEL.OL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TEL.OL is neutral. |
| ChartMill Relative Strength | 66.6 | NEUTRAL | TEL.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TEL.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TEL.OL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TEL.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.63 | NEUTRAL | The RSI value for TEL.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests TEL.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.06 | NEUTRAL | The Stochastics value for TEL.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for TEL.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 16.45 | NEGATIVE | The low ADX value for TEL.OL suggests a weak or negative trend. |
TEL.OL Chart- and CandleStick Pattern Analysis
TEL.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:TEL (4/13/2026, 4:26:15 PM)
165.3
-3.9 (-2.3%)
TELENOR ASA / TEL.OL TA FAQ
Can you provide the ChartMill technical rating for TELENOR ASA?
ChartMill assigns a technical rating of 5 / 10 to TEL.OL.
Can you provide the trend direction for TELENOR ASA?
The current trend direction for TELENOR ASA (TEL.OL) is Bullish.
What is the RSI signal for TEL stock?
TELENOR ASA (TEL.OL) has an RSI value of 50.6327. This indicates that the stock is currently neutral.
What is the MACD signal for TELENOR ASA (TEL.OL) stock?
The MACD indicator for TELENOR ASA (TEL.OL) has a value of 0.114336, indicating a bearish trend.