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VAR ENERGI ASA (VAR.OL) Stock Technical Analysis

Europe - OSL:VAR - NO0011202772 - Common Stock

33.63 NOK
+0.05 (+0.15%)
Last: 10/27/2025, 7:00:00 PM
Technical Rating and Analysis

2

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.

76% of all other stocks performed better in the past year than VAR.
VAR has an average volume of 4603770 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 53% of 61 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 31.39 - 35.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
VAR ENERGI ASA / VAR Weekly stock chart
VAR ENERGI ASA / VAR Daily stock chart
Setup Rating and Analysis

6

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.

Support and Resistance Analysis

31.55

38.10

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.
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 IndicatorNEUTRALNEUTRALThe short term trend for VAR.OL is neutral.
ChartMill Relative Strength24.05NEGATIVEVAR.OL has a low relative strength, it was outperformed by 75.95% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNMIXEDThe current price of VAR.OL is above a declining SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of VAR.OL is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNMIXEDThe current price of VAR.OL is above a declining SMA(200).
Relative Strength Index/RSI (14)51.91NEUTRALThe RSI value for VAR.OL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.07POSITIVEThe MACD value suggests VAR.OL has a positive trend.
Stochastics (14,3)53.04NEUTRALThe Stochastics value for VAR.OL is a neutral value.
Average True Range in percent/ATR (20)2.68MEDIUM VOLATILITYThe ATR as a percentage value for VAR.OL suggests some volalility.
Average Directional Index/ADX (14)15.42NEGATIVEThe low ADX value for VAR.OL suggests a weak or negative 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 (10/27/2025, 7:00:00 PM)

33.63

+0.05 (+0.15%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.15%
1 Week5.36%
2 Weeks1.94%
1 Month-2.78%
3 Month-4.65%
6 Month18.96%
12 Month-1.46%
2 Year-10.63%
3 Year-5.13%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.93
ATR(20)%2.68%
ATR Inc-38.92%
Range Today0.7
ADR(20)0.78
ADR(20)%2.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.05
3 months CRS20.26
6 months CRS68.96
Mansfield-1.08
10 Day High34.19
10 Day Low31.39
20 Day High35.77
20 Day Low31.39
52 Week High39.49
52 Week Low26.81
CS1 End33.6
CR1 Start34.34
Volume & EV
DER(3)-3.21%
DER(5)-1.49%
Volume4.07M
Volume Incr3.01%
Vol(5)5.50M
Vol(50)4.60M

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.