TROENDELAG SPA (TRSB.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:TRSB - NO0010788268 - Common Stock
Taking everything into account, TRSB scores 6 out of 10 in our technical rating. Although TRSB is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
TRSB has an average technical rating and the quality of the presented setup is also not ideal 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
104.96
2 important support areas can be observed.
- A support zone ranging from 111.30 to 116.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 106.02 to 106.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 116.96 to 116.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 119.98 to 120.00. This zone is formed by a combination of multiple trend lines in the daily 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 | UP | POSITIVE | The long term trend for TRSB.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TRSB.OL is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | TRSB.OL has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TRSB.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TRSB.OL is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 60.58 | NEUTRAL | The RSI value for TRSB.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.74 | POSITIVE | The MACD value suggests TRSB.OL has a positive trend. |
| Stochastics (14,3) | 94.33 | OVERBOUGHT | The high Stochastics value suggests TRSB.OL may be overbought. |
| Average True Range in percent/ATR (20) | 1.24 | LOW VOLATILITY | The low ATR as a percentage value for TRSB.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 21.94 | NEUTRAL | The ADX value for TRSB.OL suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 116.98 | 111.99 | 4.99 (4.27%) | 23.44% |
| An entry @116.98. This is a Buy Stop order right above the resistance zone. | An exit @111.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.99 points, which is 4.27%. | When investing 23.44% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OSL:TRSB (12/3/2025, 7:00:00 PM)
116.96
+0.96 (+0.83%)
TROENDELAG SPA / TRSB.OL FAQ
Can you provide the ChartMill technical rating for TROENDELAG SPA?
ChartMill assigns a technical rating of 6 / 10 to TRSB.OL.
What is the trend direction for TRSB stock?
The current trend direction for TROENDELAG SPA (TRSB.OL) is Bullish.
Can you provide the RSI signal for TROENDELAG SPA?
TROENDELAG SPA (TRSB.OL) has an RSI value of 60.5793. This indicates that the stock is currently neutral.
What is the MACD signal for TROENDELAG SPA (TRSB.OL) stock?
The MACD indicator for TROENDELAG SPA (TRSB.OL) has a value of 0.743998, indicating a bearish trend.
What is the buy/sell signal for TRSB stock?
The buy/sell signal for TROENDELAG SPA (TRSB.OL) is buy as both the short term and long term trends are positive.