WEBSTEP ASA (WSTEP.OL) Technical Analysis
OSL:WSTEP • NO0010609662
Current stock price
WSTEP.OL Technical Rating and Analysis
Overall WSTEP gets a technical rating of 0 out of 10. WSTEP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 89% of all other stocks performed better in the past year than WSTEP.
- WSTEP is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- Warning: WSTEP has an average volume of 16758 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month WSTEP has a been trading in the 16.90 - 18.10 range, which is quite wide. It is currently trading near the high of this range.
- WSTEP is part of the IT Services industry. There are 77 other stocks in this industry, WSTEP did better than 48% of them.
- Volume is considerably higher in the last couple of days.
WSTEP.OL Weekly and Daily overview Charts
WSTEP.OL Setup Rating and Analysis
Although the technical rating is bad, WSTEP 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 17.90. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.60, a Stop Loss order could be placed below this zone.
More info and screens
WSTEP.OL Support and Resistance Analysis
16.83
When analyzing the support we can see 2 important areas.
- A support zone ranging from 17.52 to 17.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 17.00 to 17.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 17.90 to 18.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.90 from a horizontal line in the weekly time frame.
WSTEP.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 | DOWN | NEGATIVE | The long term trend for WSTEP.OL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WSTEP.OL is neutral. |
| ChartMill Relative Strength | 11.37 | NEGATIVE | WSTEP.OL has a low relative strength, it was outperformed by 88.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WSTEP.OL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WSTEP.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WSTEP.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.75 | NEUTRAL | The RSI value for WSTEP.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests WSTEP.OL has a positive trend. |
| Stochastics (14,3) | 68.06 | NEUTRAL | The Stochastics value for WSTEP.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for WSTEP.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 16.86 | NEGATIVE | The low ADX value for WSTEP.OL suggests a weak or negative trend. |
WSTEP.OL Chart- and CandleStick Pattern Analysis
WSTEP.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:WSTEP (4/22/2026, 10:00:10 AM)
17.85
+0.2 (+1.13%)
WEBSTEP ASA / WSTEP.OL TA FAQ
What is the technical rating for WSTEP stock?
ChartMill assigns a technical rating of 0 / 10 to WSTEP.OL.
Can you provide the trend direction for WEBSTEP ASA?
The current trend direction for WEBSTEP ASA (WSTEP.OL) is Bearish.
What is the RSI signal for WEBSTEP ASA (WSTEP.OL) stock?
WEBSTEP ASA (WSTEP.OL) has an RSI value of 49.7506. This indicates that the stock is currently neutral.
What is the MACD signal for WSTEP stock?
The MACD indicator for WEBSTEP ASA (WSTEP.OL) has a value of 0.0405557, indicating a bearish trend.