ZALARIS ASA (ZAL.OL) Stock Technical Analysis
OSL:ZAL - Euronext Oslo - NO0010708910 - Common Stock - Currency: NOK
Taking everything into account, ZAL scores 0 out of 10 in our technical rating. ZAL'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.
When comparing the yearly performance of all stocks, ZAL is a bad performer in the overall market: 64% of all stocks are doing better.
ZAL is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: ZAL has an average volume of 13930 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
ZAL is an average performer in the Professional Services industry, it outperforms 66% of 34 stocks in the same industry.
ZAL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ZAL is lagging the market slightly.
ZAL 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
67.32
87.47
When analyzing the support we can see 2 important areas.
- A support zone ranging from 76.00 to 76.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 68.00 to 68.00. 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 79.80 to 80.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 84.40 to 85.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @86.60 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 | NEUTRAL | NEUTRAL | The long term trend for ZAL.OL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZAL.OL is down. |
| ChartMill Relative Strength | 36.85 | NEUTRAL | ZAL.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZAL.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZAL.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZAL.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.04 | NEUTRAL | The RSI value for ZAL.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.49 | NEGATIVE | The MACD value suggests ZAL.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.19 | OVERSOLD | The low Stochastics value suggests ZAL.OL may be oversold. |
| Average True Range in percent/ATR (20) | 3.21 | MEDIUM VOLATILITY | The ATR as a percentage value for ZAL.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 14.54 | NEGATIVE | The low ADX value for ZAL.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:ZAL (6/20/2025, 11:48:45 AM)
76.6
-1.2 (-1.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-1.54%
1 Week-1.27%
2 Weeks-2.51%
1 Month-5.81%
3 Month-5.12%
6 Month7.16%
12 Month1.04%
2 Year93.05%
3 Year133.63%
5 Year130.18%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.71
ATR(20)%3.21%
ATR Inc-34.03%
Range Today1.6
ADR(20)2.17
ADR(20)%2.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.85
Mansfield-0.14
10 Day High85
10 Day Low75.4
20 Day High85
20 Day Low75.4
52 Week High88
52 Week Low65.2
CS1 End76.31
CR1 Start79.8
Volume & EV
DER(3)-2.18%
DER(5)-1.41%
Volume2.39K
Volume Incr16.26%
Vol(5)17.40K
Vol(50)13.93K