TELENOR ASA (TEL.OL) Stock Technical Analysis
OSL:TEL - NO0010063308 - Common Stock
Taking everything into account, TEL scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TEL is showing a nice and steady performance.
TEL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 170.31. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 168.36, a Stop Loss order could be placed below this zone.
More info and screens
135.14
When analyzing the support we can see 3 important areas.
- A support zone ranging from 165.80 to 168.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 151.29 to 156.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @136.51 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 170.31 to 170.31. 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 | UP | POSITIVE | The short term trend for TEL.OL is up. |
| ChartMill Relative Strength | 75.15 | POSITIVE | TEL.OL has a high relative strength, it outperformed 75.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TEL.OL is above 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) | 62.51 | NEUTRAL | The RSI value for TEL.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests TEL.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 80.75 | OVERBOUGHT | The high Stochastics value suggests TEL.OL may be overbought. |
| Average True Range in percent/ATR (20) | 1.2 | LOW VOLATILITY | The low ATR as a percentage value for TEL.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 33.98 | POSITIVE | The high ADX value value for TEL.OL suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 170.32 | 165.79 | 4.53 (2.66%) | 25.00% |
| An entry @170.32. This is a Buy Stop order right above the resistance zone. | An exit @165.79. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.53 points, which is 2.66%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.66%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OSL:TEL (9/11/2025, 7:00:00 PM)
170.3
+1.7 (+1.01%)