TGS ASA (TGS.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:TGS - NO0003078800 - Common Stock
Taking everything into account, TGS scores 5 out of 10 in our technical rating. In the last year, TGS was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
TGS 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. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 85.54, a Stop Loss order could be placed below this zone.
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77.76
2 important support areas can be observed.
- A support zone ranging from 84.14 to 85.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @78.55 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 90.66 to 91.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @93.50 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 95.59 to 96.40. 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 TGS.OL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TGS.OL is neutral. |
| ChartMill Relative Strength | 23.95 | NEGATIVE | TGS.OL has a low relative strength, it was outperformed by 76.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TGS.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TGS.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TGS.OL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.83 | NEUTRAL | The RSI value for TGS.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.16 | NEGATIVE | The MACD value suggests TGS.OL has a negative trend. |
| Stochastics (14,3) | 7.95 | OVERSOLD | The low Stochastics value suggests TGS.OL may be oversold. |
| Average True Range in percent/ATR (20) | 3.87 | MEDIUM VOLATILITY | The ATR as a percentage value for TGS.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 24.88 | NEUTRAL | The ADX value for TGS.OL suggests a possible start of a new trend. |
OSL:TGS (12/3/2025, 4:19:57 PM)
87.35
+1.8 (+2.1%)
TGS ASA / TGS.OL FAQ
What is the technical rating for TGS stock?
ChartMill assigns a technical rating of 5 / 10 to TGS.OL.
Can you provide the trend direction for TGS ASA?
The current trend direction for TGS ASA (TGS.OL) is Bullish.
What is the RSI signal for TGS stock?
TGS ASA (TGS.OL) has an RSI value of 44.8306. This indicates that the stock is currently neutral.
What is the short term momentum for TGS ASA (TGS.OL) stock?
The short term momentum for TGS ASA (TGS.OL) is neutral.
What are the support and resistance levels for TGS ASA (TGS.OL) stock?
TGS ASA (TGS.OL) has a support level at 85.54 and a resistance level at 90.66. Check the full technical report for our detailed analysis of TGS.OL support and resistance levels.