OSL:TRE - Euronext Oslo - NO0010763550 - Common Stock - Currency: NOK
We assign a technical rating of 4 out of 10 to TRE. Although TRE is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is only medium, TRE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 27.30, a Stop Loss order could be placed below this zone.
19.45
When analyzing the support we can see 3 important areas.
2 important resistance areas can be observed.
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 | NEUTRAL | NEUTRAL | The short term trend for TRE.OL is neutral. |
ChartMill Relative Strength | 72.78 | POSITIVE | TRE.OL has a high relative strength, it outperformed 72.78% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TRE.OL is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TRE.OL is below 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) | 45.73 | NEUTRAL | The RSI value for TRE.OL is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TRE.OL has a negative trend. |
Stochastics (14,3) | 63.22 | NEUTRAL | The Stochastics value for TRE.OL is a neutral value. |
Average True Range in percent/ATR (20) | 4.91 | MEDIUM VOLATILITY | The ATR as a percentage value for TRE.OL suggests some volalility. |
Average Directional Index/ADX (14) | 29.26 | POSITIVE | The high ADX value value for TRE.OL suggests a strong trend. |
OSL:TRE (5/28/2025, 7:00:00 PM)
27.5
-1 (-3.51%)