VAR ENERGI ASA (VAR.OL) Technical Analysis
OSL:VAR • NO0011202772
Current stock price
VAR.OL Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to VAR. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VAR is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, VAR did better than 91% of all other stocks.
- VAR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so VAR is performing more or less in line with the market.
- In the last month VAR has a been trading in the 36.75 - 50.70 range, which is quite wide. It is currently trading near the high of this range.
- VAR has an average volume of 11620600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- VAR is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 65% of 81 stocks in the same industry.
VAR.OL Weekly and Daily overview Charts
VAR.OL Setup Rating and Analysis
Although VAR has an excellent technical rating, the quality of the presented setup is not ideal 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
VAR.OL Support and Resistance Analysis
31.56
4 important support areas can be observed.
- A support zone ranging from 48.12 to 48.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 33.61 to 34.12. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @33.07 from a trend line in the weekly time frame.
- A support zone ranging from 31.88 to 31.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @50.55 from a horizontal line in the daily time frame.
VAR.OL 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for VAR.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VAR.OL is up. |
| ChartMill Relative Strength | 91.98 | POSITIVE | VAR.OL has a high relative strength, it outperformed 91.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VAR.OL is above the rising 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) | 64.13 | NEUTRAL | The RSI value for VAR.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests VAR.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.54 | OVERBOUGHT | The high Stochastics value suggests VAR.OL may be overbought. |
| Average True Range in percent/ATR (20) | 4.34 | MEDIUM VOLATILITY | The ATR as a percentage value for VAR.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 37.21 | POSITIVE | The high ADX value value for VAR.OL suggests a strong trend. |
VAR.OL Chart- and CandleStick Pattern Analysis
VAR.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:VAR (4/1/2026, 7:00:00 PM)
48.14
-2.4 (-4.75%)
VAR ENERGI ASA / VAR.OL TA FAQ
What is the technical rating for VAR stock?
ChartMill assigns a technical rating of 10 / 10 to VAR.OL.
What is the trend direction for VAR stock?
The current trend direction for VAR ENERGI ASA (VAR.OL) is Bullish.
What is the RSI signal for VAR stock?
VAR ENERGI ASA (VAR.OL) has an RSI value of 64.1305. This indicates that the stock is currently neutral.
Can you provide the MACD signal for VAR ENERGI ASA?
The MACD indicator for VAR ENERGI ASA (VAR.OL) has a value of 0.248165, indicating a bearish trend.
What are the support and resistance levels for VAR ENERGI ASA (VAR.OL) stock?
VAR ENERGI ASA (VAR.OL) has a support level at 48.13 and a resistance level at 50.55. Check the full technical report for our detailed analysis of VAR.OL support and resistance levels.