TELENOR ASA (TEL.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:TEL - NO0010063308 - Common Stock
We assign a technical rating of 0 out of 10 to TEL. TEL 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, TEL is a bad performer in the overall market: 77% of all stocks are doing better.
- TEL 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.
- TEL is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- TEL has an average volume of 1250870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- TEL is part of the Diversified Telecommunication Services industry. There are 31 other stocks in this industry, TEL did better than 46% of them.
- In the last month TEL has a been trading in a tight range between 141.90 and 147.60.
Although the technical rating is bad, TEL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 142.89, 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
136.32
2 important support areas can be observed.
- A support zone ranging from 141.49 to 142.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @137.70 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 144.00 to 147.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @162.80 from a horizontal line in the daily time frame.
- Resistance @168.60 from a horizontal line in the daily time frame.
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 TEL.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TEL.OL is down. |
| ChartMill Relative Strength | 23.12 | NEGATIVE | TEL.OL has a low relative strength, it was outperformed by 76.88% off all stocks 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) | DOWN | NEGATIVE | The current price of TEL.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TEL.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.76 | NEUTRAL | The RSI value for TEL.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TEL.OL has a negative trend. |
| Stochastics (14,3) | 29.24 | NEUTRAL | The Stochastics value for TEL.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.25 | LOW VOLATILITY | The low ATR as a percentage value for TEL.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 15.97 | NEGATIVE | The low ADX value for TEL.OL suggests a weak or negative trend. |
OSL:TEL (1/16/2026, 4:25:30 PM)
143.1
-0.1 (-0.07%)
TELENOR ASA / TEL.OL FAQ
Can you provide the ChartMill technical rating for TELENOR ASA?
ChartMill assigns a technical rating of 0 / 10 to TEL.OL.
What is the trend direction for TEL stock?
The current trend direction for TELENOR ASA (TEL.OL) is Bearish.
Can you provide the RSI signal for TELENOR ASA?
TELENOR ASA (TEL.OL) has an RSI value of 43.7571. This indicates that the stock is currently neutral.
What is the buy/sell signal for TEL stock?
The buy/sell signal for TELENOR ASA (TEL.OL) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for TELENOR ASA (TEL.OL) stock?
TELENOR ASA (TEL.OL) has a support level at 142.89 and a resistance level at 144. Check the full technical report for our detailed analysis of TEL.OL support and resistance levels.