TGS ASA (TGS.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:TGS - NO0003078800 - Common Stock
Taking everything into account, TGS scores 7 out of 10 in our technical rating. Although TGS is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 77% of all other stocks performed better in the past year than TGS.
- TGS is part of the Energy Equipment & Services industry. There are 38 other stocks in this industry, of which 64% are performing better than TGS.
- The long and short term trends are both positive. This is looking good!
- TGS 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.
- TGS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TGS is lagging the market.
TGS has an excellent technical rating and also presents 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 resistance zone just above the current price starting at 99.70. Right above this resistance zone may be a good entry point.
More info and screens
77.76
We found 5 important support areas.
- A support zone ranging from 92.95 to 93.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 90.06 to 91.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @86.80 from a horizontal line in the weekly time frame.
- Support @85.00 from a horizontal line in the daily time frame.
- Support @78.55 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 99.70 to 99.70. 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 | UP | POSITIVE | The short term trend for TGS.OL is up. |
| ChartMill Relative Strength | 23.26 | NEGATIVE | TGS.OL has a low relative strength, it was outperformed by 76.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TGS.OL is above the rising 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) | 54.73 | NEUTRAL | The RSI value for TGS.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests TGS.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.27 | NEUTRAL | The Stochastics value for TGS.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.3 | MEDIUM VOLATILITY | The ATR as a percentage value for TGS.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 24.65 | NEUTRAL | The ADX value for TGS.OL suggests a possible start of a new 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 |
|---|---|---|---|
| 99.71 | 93.79 | 5.92 (5.94%) | 16.84% |
| An entry @99.71. This is a Buy Stop order right above the resistance zone. | An exit @93.79. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 5.92 points, which is 5.94%. | For a 1.00% total portfolio risk, you can invest 16.84% of your capital in this trade. |
- 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:TGS (1/23/2026, 4:25:30 PM)
99
+3.15 (+3.29%)
TGS ASA / TGS.OL FAQ
What is the technical rating for TGS stock?
ChartMill assigns a technical rating of 7 / 10 to TGS.OL.
What is the current trend direction of TGS ASA (TGS.OL) stock?
The current trend direction for TGS ASA (TGS.OL) is Bullish.
Can you provide the RSI signal for TGS ASA?
TGS ASA (TGS.OL) has an RSI value of 54.7281. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for TGS ASA?
The buy/sell signal for TGS ASA (TGS.OL) is buy as both the short term and long term trends are positive.
What is the support and resistance level for TGS stock?
TGS ASA (TGS.OL) has a support level at 93.63 and a resistance level at 99.7. Check the full technical report for our detailed analysis of TGS.OL support and resistance levels.