VAR ENERGI ASA (VAR.OL) Stock Technical Analysis
Europe - OSL:VAR - NO0011202772 - Common Stock
Overall VAR gets a technical rating of 2 out of 10. VAR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, VAR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 34.34. Right above this resistance zone may be a good entry point.
More info and screens
31.55
2 important support areas can be observed.
- A support zone ranging from 33.44 to 33.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.87 to 32.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @34.34 from a horizontal line in the daily time frame.
- A resistance zone ranging from 35.04 to 35.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @37.72 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for VAR.OL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VAR.OL is neutral. |
| ChartMill Relative Strength | 24.05 | NEGATIVE | VAR.OL has a low relative strength, it was outperformed by 75.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of VAR.OL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VAR.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of VAR.OL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.91 | NEUTRAL | The RSI value for VAR.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests VAR.OL has a positive trend. |
| Stochastics (14,3) | 53.04 | NEUTRAL | The Stochastics value for VAR.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.68 | MEDIUM VOLATILITY | The ATR as a percentage value for VAR.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 15.42 | NEGATIVE | The low ADX value for VAR.OL suggests a weak or negative trend. |
OSL:VAR (10/27/2025, 7:00:00 PM)
33.63
+0.05 (+0.15%)
VAR ENERGI ASA / VAR.OL FAQ
What is the ChartMill technical rating of VAR ENERGI ASA (VAR.OL) stock?
ChartMill assigns a technical rating of 2 / 10 to VAR.OL.
What is the current trend direction of VAR ENERGI ASA (VAR.OL) stock?
The current trend direction for VAR ENERGI ASA (VAR.OL) is Bearish.
Can you provide the RSI signal for VAR ENERGI ASA?
VAR ENERGI ASA (VAR.OL) has an RSI value of 51.9085. This indicates that the stock is currently neutral.
What is the MACD signal for VAR stock?
The MACD indicator for VAR ENERGI ASA (VAR.OL) has a value of 0.0654565, indicating a bearish trend.
What is the short term momentum for VAR stock?
The short term momentum for VAR ENERGI ASA (VAR.OL) is neutral.