VAR ENERGI ASA (VAR.OL) Stock Technical Analysis
OSL:VAR - NO0011202772 - Common Stock
32.93 NOK
-0.05 (-0.15%)
Overall VAR gets a technical rating of 2 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.
70% of all other stocks performed better in the past year than VAR.
In the last month VAR has a been trading in the 32.60 - 35.00 range, which is quite wide. It is currently trading near the lows of this range.
VAR has an average volume of 3558470 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 part of the Oil, Gas & Consumable Fuels industry. There are 63 other stocks in this industry, VAR did better than 64% of them.
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.
VAR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 32.92, a Stop Loss order could be placed below this zone.
More info and screens
31.93
38.10
We found 2 important support areas.
- A support zone ranging from 32.92 to 32.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @32.25 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 33.45 to 35.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @37.72 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 | DOWN | NEGATIVE | The short term trend for VAR.OL is down. |
| ChartMill Relative Strength | 30.49 | NEUTRAL | VAR.OL is not amongst the best or worst performers 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 | MIXED | The current price of VAR.OL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VAR.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.28 | NEUTRAL | The RSI value for VAR.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests VAR.OL has a negative trend. |
| Stochastics (14,3) | 20.14 | NEUTRAL | The Stochastics value for VAR.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.99 | LOW VOLATILITY | The low ATR as a percentage value for VAR.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 12.75 | NEGATIVE | The low ADX value for VAR.OL suggests a weak or negative trend. |
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)
OSL:VAR (9/8/2025, 7:00:00 PM)
32.93
-0.05 (-0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.15%
1 Week-4.77%
2 Weeks-3.15%
1 Month-3.52%
3 Month-2.43%
6 Month5.44%
12 Month-0.6%
2 Year5.48%
3 Year-7.21%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.69
ATR(20)%1.99%
ATR Inc-7.69%
Range Today0.55
ADR(20)0.58
ADR(20)%1.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.49
Mansfield-1
10 Day High35
10 Day Low32.84
20 Day High35
20 Day Low32.6
52 Week High39.49
52 Week Low26.81
CS1 End32.92
CR1 Start33.45
Volume & EV
DER(3)1.8%
DER(5)0.7%
Volume3.49M
Volume Incr16.15%
Vol(5)4.18M
Vol(50)3.56M