TGS ASA (TGS.OL) Stock Technical Analysis
Europe - OSL:TGS - NO0003078800 - Common Stock
73.8 NOK
-0.9 (-1.2%)
Taking everything into account, TGS scores 0 out of 10 in our technical rating. 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.
When comparing the yearly performance of all stocks, TGS is a bad performer in the overall market: 92% of all stocks are doing better.
TGS is part of the Energy Equipment & Services industry. There are 40 other stocks in this industry, of which 74% are performing better than TGS.
TGS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month TGS has a been trading in the 70.05 - 78.10 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
TGS has a poor technical rating and the quality of the setup is also only medium 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
69.35
102.18
When analyzing the support we notice one important area.
- A support zone ranging from 70.05 to 70.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 73.90 to 79.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @101.17 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 | 8.3 | NEGATIVE | TGS.OL has a low relative strength, it was outperformed by 91.7% 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) | 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) | 46.97 | NEUTRAL | The RSI value for TGS.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests TGS.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50.72 | NEUTRAL | The Stochastics value for TGS.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.83 | MEDIUM VOLATILITY | The ATR as a percentage value for TGS.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 16.64 | 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 (10/3/2025, 7:00:00 PM)
73.8
-0.9 (-1.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-1.2%
1 Week-3.09%
2 Weeks4.24%
1 Month-2.96%
3 Month-17.68%
6 Month-7.29%
12 Month-29.51%
2 Year-51.51%
3 Year-48.03%
5 Year-16.14%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.98
ATR(20)%2.83%
ATR Inc-31.68%
Range Today1.65
ADR(20)2.04
ADR(20)%2.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.3
Mansfield-2.93
10 Day High78.1
10 Day Low70.05
20 Day High78.1
20 Day Low70.05
52 Week High126
52 Week Low70.05
CS1 End70.8
CR1 Start73.9
Volume & EV
DER(3)3.03%
DER(5)-0.61%
Volume164.43K
Volume Incr-45.02%
Vol(5)214.32K
Vol(50)307.94K