ZALARIS ASA (ZAL.OL) Stock Technical Analysis
OSL:ZAL - Euronext Oslo - NO0010708910 - Common Stock - Currency: NOK
Taking everything into account, ZAL scores 3 out of 10 in our technical rating. In the last year, ZAL was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month ZAL has a been trading in the 80.00 - 87.80 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: ZAL has an average volume of 7416 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
ZAL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ZAL is performing more or less in line with the market.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the performance of all stocks over the past year, ZAL turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
ZAL is part of the Professional Services industry. There are 32 other stocks in this industry, ZAL did better than 61% of them.
Considerably lower volume is observed in the last couple of days.
ZAL 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 79.15, a Stop Loss order could be placed below this zone.
More info and screens
67.32
87.47
2 important support areas can be observed.
- A support zone ranging from 78.00 to 79.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @68.00 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 82.14 to 85.20. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for ZAL.OL is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZAL.OL is down. |
| ChartMill Relative Strength | 54.25 | 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) | 47.11 | NEUTRAL | The RSI value for ZAL.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests ZAL.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.84 | OVERSOLD | The low Stochastics value suggests ZAL.OL may be oversold. |
| Average True Range in percent/ATR (20) | 2.87 | MEDIUM VOLATILITY | The ATR as a percentage value for ZAL.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 13.07 | 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 (5/23/2025, 7:00:00 PM)
82
+0.2 (+0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg0.24%
1 Week-2.15%
2 Weeks-1.2%
1 Month-1.2%
3 Month-2.38%
6 Month20.59%
12 Month5.94%
2 Year105%
3 Year114.66%
5 Year140.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.21
ATR(20)%2.87%
ATR Inc-44.63%
Range Today0.6
ADR(20)2.13
ADR(20)%2.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.25
Mansfield0.66
10 Day High86.4
10 Day Low80
20 Day High87.8
20 Day Low80
52 Week High88
52 Week Low65.2
CS1 End79.15
CR1 Start82.14
Volume & EV
DER(3)1.05%
DER(5)0.63%
Volume163
Volume Incr-72.41%
Vol(5)3.97K
Vol(50)7.42K