TELENOR ASA (TEL.OL) Stock Technical Analysis
OSL:TEL - Euronext Oslo - NO0010063308 - Common Stock - Currency: NOK
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.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that TEL is one of the better performing stocks in the market, outperforming 80% of all stocks. We also observe that the gains produced by TEL over the past year are nicely spread over this period.
TEL is currently making a new 52 week high. This is a strong signal, certainly because the S&P500 Index is not trading near new highs.
In the last month TEL has a been trading in the 134.70 - 157.40 range, which is quite wide. It is currently trading near the high of this range.
TEL has an average volume of 1638110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TEL is an average performer in the Diversified Telecommunication Services industry, it outperforms 40% of 28 stocks in the same industry.
Although TEL has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
123.95
157.96
When analyzing the support we can see 5 important areas.
- A support zone ranging from 146.08 to 147.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @142.79 from a horizontal line in the weekly time frame.
- A support zone ranging from 136.50 to 139.91. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @131.10 from a horizontal line in the daily time frame.
- A support zone ranging from 125.20 to 127.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.95
Mansfield1.7
10 Day High157.4
10 Day Low144.7
20 Day High157.4
20 Day Low134.7
52 Week High157.4
52 Week Low118.9
Performance
1 Week5.24%
2 Weeks7.85%
1 Month4.12%
3 Month13.22%
6 Month13.88%
12 Month21.1%
2 Year37.46%
3 Year20.96%
5 Year6.31%
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)1.08
RSI(14)68.16
LBB138.2
UBB158.53
OSL:TEL (5/5/2025, 2:01:48 PM)
156.4
-0.3 (-0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg-0.19%
1 Week5.24%
2 Weeks7.85%
1 Month4.12%
3 Month13.22%
6 Month13.88%
12 Month21.1%
2 Year37.46%
3 Year20.96%
5 Year6.31%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.86
ATR(20)%2.28%
ATR Inc-23.46%
Range Today1.5
ADR(20)2.99
ADR(20)%1.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.95
Mansfield1.7
10 Day High157.4
10 Day Low144.7
20 Day High157.4
20 Day Low134.7
52 Week High157.4
52 Week Low118.9
CS1 End147.75
CR1 StartN/A
Volume & EV
DER(3)-4.41%
DER(5)-3.16%
Volume356.93K
Volume Incr-5.52%
Vol(5)1.60M
Vol(50)1.64M