TGS ASA (TGS.OL) Technical Analysis
OSL:TGS • NO0003078800
Current stock price
TGS.OL Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to TGS. Both in the recent history as in the last year, TGS has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- A new 52 week high is currently being made by TGS, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so TGS is leading the market.
- In the last month TGS has a been trading in the 107.20 - 127.40 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When comparing the yearly performance of all stocks, we notice that TGS is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- TGS is an average performer in the Energy Equipment & Services industry, it outperforms 55% of 37 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
TGS.OL Weekly and Daily overview Charts
TGS.OL Setup Rating and Analysis
Although TGS has an excellent technical rating, it does not offer a high quality setup 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
TGS.OL Support and Resistance Analysis
99.66
When analyzing the support we can see 4 important areas.
- A support zone ranging from 115.73 to 116.35. 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 108.88 to 109.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @104.03 from a trend line in the weekly time frame.
- Support @100.67 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 126.86 to 126.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
TGS.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 TGS.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TGS.OL is up. |
| ChartMill Relative Strength | 88.53 | POSITIVE | TGS.OL has a high relative strength, it outperformed 88.53% 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) | UP | POSITIVE | The current price of TGS.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.65 | OVERBOUGHT | The high RSI value suggests TGS.OL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.85 | POSITIVE | The MACD value suggests TGS.OL has a positive trend. |
| Stochastics (14,3) | 88.88 | OVERBOUGHT | The high Stochastics value suggests TGS.OL may be overbought. |
| Average True Range in percent/ATR (20) | 3.13 | MEDIUM VOLATILITY | The ATR as a percentage value for TGS.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 42.67 | POSITIVE | The high ADX value value for TGS.OL suggests a strong trend. |
TGS.OL Chart- and CandleStick Pattern Analysis
TGS.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:TGS (3/25/2026, 4:19:56 PM)
126.85
+2.05 (+1.64%)
TGS ASA / TGS.OL TA FAQ
What is the technical rating for TGS stock?
ChartMill assigns a technical rating of 9 / 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 71.6454. 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 116.35 and a resistance level at 126.86. Check the full technical report for our detailed analysis of TGS.OL support and resistance levels.