TELENOR ASA (TEL.OL) Stock Technical Analysis
OSL:TEL - Euronext Oslo - NO0010063308 - Common Stock - Currency: NOK
Taking everything into account, TEL scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TEL is only an average performer.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
TEL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TEL is lagging the market slightly.
TEL has an average volume of 1330850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, TEL turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
TEL is part of the Diversified Telecommunication Services industry. There are 30 other stocks in this industry, TEL did better than 62% of them.
In the last month TEL has a been trading in the 154.90 - 166.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TEL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 156.70, a Stop Loss order could be placed below this zone.
More info and screens
133.39
164.44
We found 4 important support areas.
- A support zone ranging from 155.54 to 156.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @152.49 from a horizontal line in the weekly time frame.
- A support zone ranging from 149.70 to 149.93. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @134.74 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 162.81 to 162.81. 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 | 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 | 58 | NEUTRAL | TEL.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TEL.OL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TEL.OL is above 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) | 49.43 | NEUTRAL | The RSI value for TEL.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests TEL.OL has a negative trend. |
| Stochastics (14,3) | 28.97 | NEUTRAL | The Stochastics value for TEL.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.46 | LOW VOLATILITY | The low ATR as a percentage value for TEL.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 19.21 | NEGATIVE | The low ADX value for TEL.OL suggests a weak or negative trend. |
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)
OSL:TEL (7/28/2025, 7:00:00 PM)
157.5
-0.9 (-0.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg-0.57%
1 Week-1.56%
2 Weeks0.06%
1 Month0.51%
3 Month0.51%
6 Month13.8%
12 Month20.14%
2 Year45.16%
3 Year34.62%
5 Year11.82%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.48
ATR(20)%1.46%
ATR Inc44.38%
Range Today4.7
ADR(20)2.27
ADR(20)%1.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58
Mansfield0.19
10 Day High166.9
10 Day Low156.5
20 Day High166.9
20 Day Low154.9
52 Week High166.9
52 Week Low123.9
CS1 End156.7
CR1 Start162.81
Volume & EV
DER(3)1.11%
DER(5)2.98%
Volume1.08M
Volume Incr-11.15%
Vol(5)1.00M
Vol(50)1.33M