TGS ASA (TGS.OL) Stock Technical Analysis
OSL:TGS - Euronext Oslo - NO0003078800 - Common Stock - Currency: NOK
Taking everything into account, TGS scores 0 out of 10 in our technical rating. TGS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
92% 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. 82% of 36 stocks in the same industry do better.
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 72.40 - 82.80 range, which is quite wide. It is currently trading near the lows of this range.
Although the technical rating is bad, TGS does present a nice setup opportunity. 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. We notice that large players showed an interest for TGS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
71.73
106.91
We found 2 important support areas.
- A support zone ranging from 74.00 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.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 75.52 to 76.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @77.95 from a horizontal line in the daily time frame.
- A resistance zone ranging from 81.25 to 82.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @105.85 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 | DOWN | NEGATIVE | The short term trend for TGS.OL is down. |
| ChartMill Relative Strength | 8.18 | NEGATIVE | TGS.OL has a low relative strength, it was outperformed by 91.82% 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) | 44.11 | NEUTRAL | The RSI value for TGS.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests TGS.OL has a positive trend. |
| Stochastics (14,3) | 33.45 | NEUTRAL | The Stochastics value for TGS.OL is a neutral value. |
| 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) | 25.11 | POSITIVE | The high ADX value value for TGS.OL suggests a strong 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 (8/7/2025, 7:00:00 PM)
75.25
+0.05 (+0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg0.07%
1 Week-0.78%
2 Weeks1%
1 Month-7.72%
3 Month-8.33%
6 Month-31.44%
12 Month-38.04%
2 Year-44.88%
3 Year-49.97%
5 Year-33.22%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.15
ATR(20)%3.05%
ATR Inc-2.57%
Range Today2.15
ADR(20)2.17
ADR(20)%2.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.18
Mansfield-2.92
10 Day High79.55
10 Day Low72.45
20 Day High82.8
20 Day Low72.4
52 Week High134.9
52 Week Low70.95
CS1 End74.1
CR1 Start75.52
Volume & EV
DER(3)6.49%
DER(5)2.84%
Volume362.10K
Volume Incr-29.51%
Vol(5)300.51K
Vol(50)408.98K