TELENOR ASA (TEL.OL) Stock Technical Analysis
Europe - OSL:TEL - NO0010063308 - Common Stock
Overall TEL gets a technical rating of 0 out of 10. 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 technical rating of TEL is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
137.78
We found 1 important support area.
- Support @139.17 from a trend line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 144.99 to 144.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 147.89 to 150.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 156.70 to 158.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 161.45 to 162.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 166.31 to 168.60. 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 | 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 | 29.31 | NEGATIVE | TEL.OL has a low relative strength, it was outperformed by 70.69% 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) | UP | MIXED | The current price of TEL.OL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 23.35 | OVERSOLD | The low RSI value suggests TEL.OL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.67 | NEGATIVE | The MACD value suggests TEL.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.43 | OVERSOLD | The low Stochastics value suggests TEL.OL may be oversold. |
| Average True Range in percent/ATR (20) | 1.9 | LOW VOLATILITY | The low ATR as a percentage value for TEL.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 35.53 | POSITIVE | The high ADX value value for TEL.OL suggests a strong trend. |
OSL:TEL (11/17/2025, 2:25:48 PM)
143.85
-1.15 (-0.79%)
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 current trend direction of TELENOR ASA (TEL.OL) 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 23.3459. This indicates that the stock is currently oversold.
What is the MACD signal for TEL stock?
The MACD indicator for TELENOR ASA (TEL.OL) has a value of -0.674131, indicating a bearish trend.
What is the support and resistance level for TEL stock?
TELENOR ASA (TEL.OL) has a support level at 144.99 and a resistance level at 147.89. Check the full technical report for our detailed analysis of TEL.OL support and resistance levels.