WEBSTEP ASA (WSTEP.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:WSTEP - NO0010609662 - Common Stock
We assign a technical rating of 0 out of 10 to WSTEP. WSTEP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
WSTEP has a poor technical rating and the quality of the setup is also not perfect 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
17.62
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 17.81 to 18.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @19.40 from a trend line in the daily time frame.
- Resistance @20.02 from a trend line in the daily time frame.
- Resistance @24.20 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for WSTEP.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WSTEP.OL is down. |
| ChartMill Relative Strength | 11.2 | NEGATIVE | WSTEP.OL has a low relative strength, it was outperformed by 88.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WSTEP.OL is below 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) | 32.25 | NEUTRAL | The RSI value for WSTEP.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests WSTEP.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.55 | NEUTRAL | The Stochastics value for WSTEP.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.76 | MEDIUM VOLATILITY | The ATR as a percentage value for WSTEP.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 41.28 | POSITIVE | The high ADX value value for WSTEP.OL suggests a strong trend. |
OSL:WSTEP (11/21/2025, 7:00:00 PM)
17.8
-0.4 (-2.2%)
WEBSTEP ASA / WSTEP.OL FAQ
What is the technical rating for WSTEP stock?
ChartMill assigns a technical rating of 0 / 10 to WSTEP.OL.
What is the trend direction for WSTEP stock?
The current trend direction for WEBSTEP ASA (WSTEP.OL) is Bearish.
What is the RSI signal for WSTEP stock?
WEBSTEP ASA (WSTEP.OL) has an RSI value of 32.2503. This indicates that the stock is currently neutral.
What is the short term momentum for WEBSTEP ASA (WSTEP.OL) stock?
The short term momentum for WEBSTEP ASA (WSTEP.OL) is negative.
Can you provide the buy/sell signal for WEBSTEP ASA?
The buy/sell signal for WEBSTEP ASA (WSTEP.OL) is sell as both the short term and long term trends are negative.