VAR ENERGI ASA (VAR.OL) Stock Technical Analysis
OSL:VAR - Euronext Oslo - NO0011202772 - Common Stock - Currency: NOK
We assign a technical rating of 0 out of 10 to VAR. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, VAR is a bad performer in the overall market: 85% of all stocks are doing better.
VAR is currently trading near the lower end of its 52 week range, which is not a good sign. VAR is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month VAR has a been trading in the 26.81 - 33.05 range, which is quite wide. It is currently trading near the lows of this range.
VAR has an average volume of 5758010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
VAR is part of the Oil, Gas & Consumable Fuels industry. There are 58 other stocks in this industry, VAR did better than 47% of them.
The technical rating of VAR is bad and it also does not present a quality setup 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
27.01
39.67
2 important support areas can be observed.
- Support @27.98 from a horizontal line in the weekly time frame.
- Support @27.28 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 28.88 to 29.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 30.00 to 30.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @32.25 from a trend line in the daily time frame.
- Resistance @39.28 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.99
Mansfield-1.69
10 Day High30.99
10 Day Low27.04
20 Day High33.05
20 Day Low26.81
52 Week High39.49
52 Week Low26.81
Performance
1 Week-6.7%
2 Weeks-3.43%
1 Month-15.73%
3 Month-17.95%
6 Month-16.56%
12 Month-21.23%
2 Year12.89%
3 Year-36.96%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.03
RSI(14)37.41
LBB27.39
UBB30.49
OSL:VAR (5/6/2025, 7:00:00 PM)
28.12
+0.46 (+1.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.66%
1 Week-6.7%
2 Weeks-3.43%
1 Month-15.73%
3 Month-17.95%
6 Month-16.56%
12 Month-21.23%
2 Year12.89%
3 Year-36.96%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1
ATR(20)%4.96%
ATR Inc-26.72%
Range Today0.58
ADR(20)1.19
ADR(20)%4.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.99
Mansfield-1.69
10 Day High30.99
10 Day Low27.04
20 Day High33.05
20 Day Low26.81
52 Week High39.49
52 Week Low26.81
CS1 End27.98
CR1 Start28.88
Volume & EV
DER(3)3.15%
DER(5)3.06%
Volume4.64M
Volume Incr14%
Vol(5)7.53M
Vol(50)5.76M