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VAR ENERGI ASA (VAR.OL) Stock Technical Analysis

Europe - Euronext Oslo - OSL:VAR - NO0011202772 - Common Stock

31.63 NOK
+0.2 (+0.65%)
Last: 11/28/2025, 4:25:30 PM
Technical Rating and Analysis

0

Taking everything into account, VAR scores 0 out of 10 in our technical rating. 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.

When comparing the yearly performance of all stocks, VAR is a bad performer in the overall market: 83% of all stocks are doing better.
VAR is part of the Oil, Gas & Consumable Fuels industry. There are 68 other stocks in this industry, of which 61% are performing better than VAR.
In the last month VAR has a been trading in the 31.00 - 35.47 range, which is quite wide. It is currently trading near the lows of this range.
VAR has an average volume of 4726060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
VAR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VAR is lagging the market.
Weekly and Daily overview Charts
VAR ENERGI ASA / VAR Weekly stock chart
VAR ENERGI ASA / VAR Daily stock chart
Setup Rating and Analysis

5

VAR has a poor technical rating and the quality of the setup is also only medium 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.

Support and Resistance Analysis

31.31

38.10

4 important resistance areas can be observed.

  • A resistance zone ranging from 33.27 to 33.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 34.68 to 34.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 35.37 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.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for VAR.OL is neutral.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for VAR.OL is down.
ChartMill Relative Strength17.01NEGATIVEVAR.OL has a low relative strength, it was outperformed by 82.99% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of VAR.OL is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of VAR.OL is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of VAR.OL is below a declining SMA(200).
Relative Strength Index/RSI (14)37.34NEUTRALThe RSI value for VAR.OL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.32NEGATIVEThe MACD value suggests VAR.OL has a negative trend, although the MACD value is rising.
Stochastics (14,3)7.35OVERSOLDThe low Stochastics value suggests VAR.OL may be oversold.
Average True Range in percent/ATR (20)2.47MEDIUM VOLATILITYThe ATR as a percentage value for VAR.OL suggests some volalility.
Average Directional Index/ADX (14)22.17NEUTRALThe ADX value for VAR.OL suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
VAR ENERGI ASA / VAR Daily stock chart

VAR ENERGI ASA

OSL:VAR (11/28/2025, 4:25:30 PM)

31.63

+0.2 (+0.65%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.65%
1 Week-5.15%
2 Weeks-9.83%
1 Month-7.3%
3 Month-8.57%
6 Month6.06%
12 Month-13.33%
2 Year-9.25%
3 Year-12.95%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.89
ATR(20)%2.47%
ATR Inc-43.78%
Range Today0.36
ADR(20)0.65
ADR(20)%2.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.01
3 months CRS17.64
6 months CRS50.7
Mansfield-1.46
10 Day High35.13
10 Day Low31
20 Day High35.47
20 Day Low31
52 Week High39.49
52 Week Low26.81
CS1 EndN/A
CR1 Start33.27
Volume & EV
DER(3)7.12%
DER(5)3.12%
Volume1.30M
Volume Incr60.46%
Vol(5)5.73M
Vol(50)4.73M

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 0 / 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 37.3433. 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 -0.317332, indicating a bearish trend.


What is the short term momentum for VAR stock?

The short term momentum for VAR ENERGI ASA (VAR.OL) is negative.