TELENOR ASA (TEL.OL) Technical Analysis
OSL:TEL • NO0010063308
Current stock price
TEL.OL Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to TEL. TEL has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- TEL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TEL is performing more or less in line with the market.
- 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 1530500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, TEL did better than 71% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- TEL is part of the Diversified Telecommunication Services industry. There are 35 other stocks in this industry, TEL did better than 64% of them.
- In the last month TEL has a been trading in a tight range between 167.60 and 177.40.
TEL.OL Weekly and Daily overview Charts
TEL.OL Setup Rating and Analysis
TEL has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 169.99, a Stop Loss order could be placed below this zone.
More info and screens
TEL.OL Support and Resistance Analysis
140.09
4 important support areas can be observed.
- A support zone ranging from 168.99 to 169.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 162.80 to 165.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @147.30 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 177.01 to 177.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
TEL.OL Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for TEL.OL is neutral. |
| ChartMill Relative Strength | 71.33 | POSITIVE | TEL.OL has a high relative strength, it outperformed 71.33% 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) | 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) | 51.1 | NEUTRAL | The RSI value for TEL.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.75 | NEGATIVE | The MACD value suggests TEL.OL has a negative trend. |
| Stochastics (14,3) | 43.54 | NEUTRAL | The Stochastics value for TEL.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.78 | LOW VOLATILITY | The low ATR as a percentage value for TEL.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 23.34 | NEUTRAL | The ADX value for TEL.OL suggests a possible start of a new trend. |
TEL.OL Chart- and CandleStick Pattern Analysis
TEL.OL Example Setup
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 |
|---|---|---|---|
| 173.71 | 168.98 | 4.73 (2.72%) | 25.00% |
| An entry @173.71. This is a Buy Stop order right above the 10 day high. | An exit @168.98. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.73 points, which is 2.72%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.68%. |
- The distance between exit and entry is rather small compared to the average daily movement of TEL. Please evaluate whether better entry and exit points can be found.
- 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.
TEL.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:TEL (3/18/2026, 4:26:15 PM)
170.5
-1.7 (-0.99%)
TELENOR ASA / TEL.OL TA FAQ
Can you provide the ChartMill technical rating for TELENOR ASA?
ChartMill assigns a technical rating of 6 / 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 51.096. This indicates that the stock is currently neutral.
What is the support and resistance level for TEL stock?
TELENOR ASA (TEL.OL) has a support level at 169.99 and a resistance level at 177.01. Check the full technical report for our detailed analysis of TEL.OL support and resistance levels.