Logo image of ZAP.OL

ZAPTEC ASA (ZAP.OL) Stock Technical Analysis

OSL:ZAP - Euronext Oslo - NO0010713936 - Common Stock - Currency: NOK

23.55  -0.55 (-2.28%)

Technical Rating and Analysis

10

Overall ZAP gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ZAP is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that ZAP is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by ZAP over the past year are nicely spread over this period.
ZAP is part of the Electrical Equipment industry. There are 56 other stocks in this industry. ZAP outperforms 92% of them.
ZAP is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ZAP has a been trading in the 18.12 - 24.40 range, which is quite wide. It is currently trading near the high of this range.
Weekly and Daily overview Charts
ZAPTEC ASA / ZAP Weekly stock chart
ZAPTEC ASA / ZAP Daily stock chart
Setup Rating and Analysis

6

ZAP has an excellent technical rating, but the quality of the setup is only medium 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.

Support and Resistance Analysis

17.85

23.80

5 important support areas can be observed.

  • A support zone ranging from 22.90 to 23.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 20.87 to 20.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @19.92 from a trend line in the daily time frame.
  • Support @18.86 from a trend line in the daily time frame.
  • Support @18.03 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • Resistance @23.56 from a horizontal line in the weekly time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ZAP.OL is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for ZAP.OL is up.
ChartMill Relative Strength97.53POSITIVEZAP.OL has a high relative strength, it outperformed 97.53% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ZAP.OL is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ZAP.OL is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ZAP.OL is above the rising SMA(200).
Relative Strength Index/RSI (14)62.76NEUTRALThe RSI value for ZAP.OL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.25POSITIVEThe MACD value suggests ZAP.OL has a positive trend, although the MACD value is declining.
Stochastics (14,3)86.08OVERBOUGHTThe high Stochastics value suggests ZAP.OL may be overbought.
Average True Range in percent/ATR (20)4.17MEDIUM VOLATILITYThe ATR as a percentage value for ZAP.OL suggests some volalility.
Average Directional Index/ADX (14)25.49POSITIVEThe high ADX value value for ZAP.OL suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
23.5722.890.68 (2.89%)25.00%
An entry @23.57. This is a Buy Stop order right above the resistance zone.An exit @22.89. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.68 points, which is 2.89%.For a 0.72% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of ZAP. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ZAPTEC ASA / ZAP Daily stock chart

ZAPTEC ASA

OSL:ZAP (7/11/2025, 7:00:00 PM)

23.55

-0.55 (-2.28%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-2.28%
1 Week2.39%
2 Weeks9.03%
1 Month10.3%
3 Month52.13%
6 Month113.51%
12 Month102.49%
2 Year-20.44%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.91
ATR(20)%4.17%
ATR Inc13.35%
Range Today0.8
ADR(20)0.86
ADR(20)%3.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.53
Mansfield5.22
10 Day High24.4
10 Day Low20.95
20 Day High24.4
20 Day Low18.12
52 Week High24.4
52 Week Low8.46
CS1 End23.54
CR1 Start23.56
Volume & EV
DER(3)-0.49%
DER(5)-0.08%
Volume317.13K
Volume Incr-21.84%
Vol(5)511.70K
Vol(50)522.12K