TGS ASA (TGS.OL) Stock Technical Analysis
OSL:TGS - NO0003078800 - Common Stock
76.05 NOK
-2.75 (-3.49%)
Overall TGS gets a technical rating of 1 out of 10. TGS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
90% of all other stocks performed better in the past year than TGS.
TGS is one of the lesser performing stocks in the Energy Equipment & Services industry. 72% of 37 stocks in the same industry do better.
TGS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month TGS has a been trading in the 72.50 - 79.75 range, which is quite wide. It is currently trading near the high of this range.
TGS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 74.10, a Stop Loss order could be placed below this zone.
More info and screens
71.73
104.55
We found 2 important support areas.
- A support zone ranging from 73.85 to 74.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @72.45 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 76.31 to 79.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @103.51 from a trend line in the weekly time frame.
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 TGS.OL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TGS.OL is neutral. |
| ChartMill Relative Strength | 10.69 | NEGATIVE | TGS.OL has a low relative strength, it was outperformed by 89.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TGS.OL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TGS.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TGS.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.38 | NEUTRAL | The RSI value for TGS.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests TGS.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.02 | NEUTRAL | The Stochastics value for TGS.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for TGS.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 13.93 | NEGATIVE | The low ADX value for TGS.OL suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
OSL:TGS (9/5/2025, 7:00:00 PM)
76.05
-2.75 (-3.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-3.49%
1 Week-0.91%
2 Weeks-1.93%
1 Month1.47%
3 Month-8.65%
6 Month-23.8%
12 Month-30.04%
2 Year-48.12%
3 Year-43.25%
5 Year-32.7%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.02
ATR(20)%2.42%
ATR Inc14.29%
Range Today3.2
ADR(20)1.75
ADR(20)%2.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.69
Mansfield-2.73
10 Day High79.75
10 Day Low75.25
20 Day High79.75
20 Day Low72.5
52 Week High126
52 Week Low70.95
CS1 End74.1
CR1 Start76.31
Volume & EV
DER(3)2.27%
DER(5)0.3%
Volume280.26K
Volume Incr9%
Vol(5)271.73K
Vol(50)336.38K