WEBSTEP ASA (WSTEP.OL) Stock Technical Analysis
Europe - OSL:WSTEP - NO0010609662 - Common Stock
Taking everything into account, WSTEP scores 0 out of 10 in our technical rating. 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 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 resistance zone just above the current price starting at 20.92. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.79, a Stop Loss order could be placed below this zone.
More info and screens
19.59
When analyzing the support we notice one important area.
- A support zone ranging from 19.79 to 19.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 20.92 to 21.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @24.20 from a horizontal line in the daily time frame.
- Resistance @25.00 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 | 12.25 | NEGATIVE | WSTEP.OL has a low relative strength, it was outperformed by 87.75% 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) | 28.02 | OVERSOLD | The low RSI value suggests WSTEP.OL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests WSTEP.OL has a positive trend. |
| Stochastics (14,3) | 4.17 | OVERSOLD | The low Stochastics value suggests WSTEP.OL may be oversold. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for WSTEP.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 23.84 | NEUTRAL | The ADX value for WSTEP.OL suggests a possible start of a new trend. |
OSL:WSTEP (10/31/2025, 7:00:00 PM)
19.8
0 (0%)
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 28.019. This indicates that the stock is currently oversold.
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.