TGS ASA (TGS.OL) Stock Technical Analysis
OSL:TGS • NO0003078800
Taking everything into account, TGS scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TGS is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- TGS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month TGS has a been trading in the 97.00 - 116.40 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, TGS outperforms 62% of them, which is more or less in line with the market.
- TGS is an average performer in the Energy Equipment & Services industry, it outperforms 44% of 37 stocks in the same industry.
Although TGS has an excellent technical rating, the quality of the presented setup is not ideal 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
84.69
We found 4 important support areas.
- A support zone ranging from 104.65 to 105.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 97.49 to 99.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @95.13 from a trend line in the daily time frame.
- Support @85.55 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 114.21 to 115.50. 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 | 62.79 | NEUTRAL | TGS.OL is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of TGS.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.18 | OVERBOUGHT | The high RSI value suggests TGS.OL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.87 | POSITIVE | The MACD value suggests TGS.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.44 | OVERBOUGHT | The high Stochastics value suggests TGS.OL may be overbought. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for TGS.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 34.44 | POSITIVE | The high ADX value value for TGS.OL suggests a strong trend. |
OSL:TGS (2/20/2026, 7:00:00 PM)
114.2
-0.5 (-0.44%)
TGS ASA / TGS.OL FAQ
What is the technical rating for TGS stock?
ChartMill assigns a technical rating of 8 / 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 70.1825. This indicates that the stock is currently overbought.
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 105.22 and a resistance level at 114.21. Check the full technical report for our detailed analysis of TGS.OL support and resistance levels.