TREASURE ASA (TRE.OL) Stock Technical Analysis
OSL:TRE - Euronext Oslo - NO0010763550 - Common Stock - Currency: NOK
We assign a technical rating of 5 out of 10 to TRE. Although TRE has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
Warning: TRE has an average volume of 3731 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
TRE is part of the Air Freight & Logistics industry. There are 16 other stocks in this industry. TRE outperforms 73% of them.
In the last month TRE has a been trading in the 25.70 - 29.80 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that TRE is one of the better performing stocks in the market, outperforming 71% of all stocks. However, TRE's most recent performance is quite weak.
TRE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TRE is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
TRE has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 28.72. Right above this resistance zone may be a good entry point.
More info and screens
19.45
32.83
We found 5 important support areas.
- A support zone ranging from 27.78 to 28.04. 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 27.10 to 27.10. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @26.60 from a horizontal line in the weekly time frame.
- Support @26.17 from a trend line in the daily time frame.
- Support @19.65 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 28.72 to 29.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 29.90 to 29.90. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 32.10 to 32.50. 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 | NEUTRAL | NEUTRAL | The long term trend for TRE.OL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TRE.OL is up. |
| ChartMill Relative Strength | 71.31 | POSITIVE | TRE.OL has a high relative strength, it outperformed 71.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TRE.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TRE.OL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TRE.OL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.56 | NEUTRAL | The RSI value for TRE.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests TRE.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.72 | NEUTRAL | The Stochastics value for TRE.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.52 | MEDIUM VOLATILITY | The ATR as a percentage value for TRE.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 32.24 | POSITIVE | The high ADX value value for TRE.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:TRE (6/18/2025, 7:00:00 PM)
28.3
-0.5 (-1.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAir Freight & Logistics
Performance
% Chg-1.74%
1 Week-0.7%
2 Weeks10.12%
1 Month3.28%
3 Month-9.29%
6 Month1.43%
12 Month30.41%
2 Year38.73%
3 Year77.99%
5 Year154.96%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.16
ATR(20)%3.52%
ATR Inc50.34%
Range Today1.5
ADR(20)0.92
ADR(20)%3.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.31
Mansfield-0.33
10 Day High29.8
10 Day Low26
20 Day High29.8
20 Day Low25.7
52 Week High34
52 Week Low20.9
CS1 End28.04
CR1 Start28.72
Volume & EV
DER(3)-277.78%
DER(5)-166.67%
Volume127
Volume Incr-91.81%
Vol(5)304.6
Vol(50)3.73K