VAR ENERGI ASA (VAR.OL) Stock Technical Analysis
OSL:VAR • NO0011202772
Overall VAR gets a technical rating of 3 out of 10. In the last year, VAR was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- 73% of all other stocks performed better in the past year than VAR.
- VAR has an average volume of 6515950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- VAR is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 42% of 74 stocks in the same industry.
- 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.
- In the last month VAR has a been trading in the 32.89 - 35.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 33.61, a Stop Loss order could be placed below this zone.
More info and screens
30.93
We found 2 important support areas.
- A support zone ranging from 33.09 to 33.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.24 to 32.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 33.78 to 34.79. This zone is formed by a combination of multiple trend lines and important moving averages 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 @39.28 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 | 27.02 | NEGATIVE | VAR.OL has a low relative strength, it was outperformed by 72.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VAR.OL is below 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) | UP | POSITIVE | The current price of VAR.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.17 | NEUTRAL | The RSI value for VAR.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests VAR.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.38 | NEUTRAL | The Stochastics value for VAR.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for VAR.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 13.14 | NEGATIVE | The low ADX value for VAR.OL suggests a weak or negative trend. |
OSL:VAR (2/12/2026, 4:19:47 PM)
33.69
-0.02 (-0.06%)
VAR ENERGI ASA / VAR.OL FAQ
What is the technical rating for VAR stock?
ChartMill assigns a technical rating of 3 / 10 to VAR.OL.
What is the trend direction for VAR stock?
The current trend direction for VAR ENERGI ASA (VAR.OL) is Bearish.
What is the RSI signal for VAR ENERGI ASA (VAR.OL) stock?
VAR ENERGI ASA (VAR.OL) has an RSI value of 49.1666. This indicates that the stock is currently neutral.
What is the short term momentum for VAR ENERGI ASA (VAR.OL) stock?
The short term momentum for VAR ENERGI ASA (VAR.OL) is neutral.