ZAPTEC ASA (ZAP.OL) Stock Technical Analysis
OSL:ZAP - Euronext Oslo - NO0010713936 - Common Stock - Currency: NOK
Overall ZAP gets a technical rating of 6 out of 10. In the last year, ZAP was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month ZAP has a been trading in the 18.12 - 22.30 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
ZAP is one of the better performing stocks in the Electrical Equipment industry, it outperforms 87% of 56 stocks in the same industry.
ZAP 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 ZAP is performing more or less in line with the market.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the yearly performance of all stocks, we notice that ZAP is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
ZAP has an average technical rating and it also does not offer a high quality setup 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
13.77
22.22
When analyzing the support we can see 5 important areas.
- Support @18.50 from a horizontal line in the daily time frame.
- Support @17.78 from a trend line in the daily time frame.
- Support @17.22 from a trend line in the weekly time frame.
- Support @14.74 from a trend line in the daily time frame.
- Support @13.91 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.00 to 22.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ZAP.OL is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZAP.OL is down. |
| ChartMill Relative Strength | 91.22 | POSITIVE | ZAP.OL has a high relative strength, it outperformed 91.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZAP.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZAP.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZAP.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.81 | NEUTRAL | The RSI value for ZAP.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests ZAP.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.28 | OVERSOLD | The low Stochastics value suggests ZAP.OL may be oversold. |
| Average True Range in percent/ATR (20) | 5.2 | HIGH VOLATILITY | The high ATR as a percentage value for ZAP.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 15.1 | NEGATIVE | The low ADX value for ZAP.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:ZAP (6/20/2025, 7:00:00 PM)
19.48
+0.98 (+5.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg5.3%
1 Week-8.76%
2 Weeks-8.54%
1 Month-8.11%
3 Month8.4%
6 Month100.52%
12 Month52.07%
2 Year-42.26%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.1
ATR(20)%5.2%
ATR Inc-13.74%
Range Today1.12
ADR(20)0.85
ADR(20)%4.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.22
Mansfield3.68
10 Day High22.3
10 Day Low18.12
20 Day High22.3
20 Day Low18.12
52 Week High22.3
52 Week Low8.46
CS1 End18.5
CR1 Start22
Volume & EV
DER(3)1.44%
DER(5)1.86%
Volume835.18K
Volume Incr264.61%
Vol(5)1.10M
Vol(50)431.95K