TELENOR ASA (TEL.OL) Stock Technical Analysis
OSL:TEL • NO0010063308
Overall TEL gets a technical rating of 8 out of 10. Although TEL is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- 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 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 1521430 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 67% of them, which is more or less in line with the market.
- TEL is part of the Diversified Telecommunication Services industry. There are 31 other stocks in this industry, TEL did better than 53% of them.
Besides having an excellent technical rating, TEL also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 172.49, 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. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
140.09
We found 4 important support areas.
- A support zone ranging from 170.76 to 172.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 161.47 to 162.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @146.28 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 175.35 to 177.11. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 67.62 | NEUTRAL | TEL.OL is not amongst the best or worst performers 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) | 63.52 | NEUTRAL | The RSI value for TEL.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.85 | NEGATIVE | The MACD value suggests TEL.OL has a negative trend. |
| Stochastics (14,3) | 67.23 | NEUTRAL | The Stochastics value for TEL.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for TEL.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 45.41 | 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 |
|---|---|---|---|
| 177.12 | 171.19 | 5.93 (3.35%) | 25.00% |
| An entry @177.12. This is a Buy Stop order right above the resistance zone. | An exit @171.19. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 5.93 points, which is 3.35%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.84%. |
- 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 (2/26/2026, 4:19:56 PM)
172.55
+0.05 (+0.03%)
TELENOR ASA / TEL.OL FAQ
Can you provide the ChartMill technical rating for TELENOR ASA?
ChartMill assigns a technical rating of 8 / 10 to TEL.OL.
What is the trend direction for TEL stock?
The current trend direction for TELENOR ASA (TEL.OL) is Bullish.
Can you provide the RSI signal for TELENOR ASA?
TELENOR ASA (TEL.OL) has an RSI value of 63.5177. 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 buy as both the short term and long term trends are positive.
What are the support and resistance levels for TELENOR ASA (TEL.OL) stock?
TELENOR ASA (TEL.OL) has a support level at 172.49 and a resistance level at 175.35. Check the full technical report for our detailed analysis of TEL.OL support and resistance levels.