ZELLUNA ASA (ZLNA.OL) Stock Technical Analysis
OSL:ZLNA - Euronext Oslo - NO0013524942 - Common Stock - Currency: NOK
We assign a technical rating of 4 out of 10 to ZLNA. In the last year, ZLNA was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
ZLNA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 13.17, a Stop Loss order could be placed below this zone.
More info and screens
12.67
We found 2 important support areas.
- A support zone ranging from 13.03 to 13.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.80 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @14.25 from a horizontal line in the daily time frame.
- Resistance @15.58 from a trend 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 ZLNA.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZLNA.OL is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ZLNA.OL has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZLNA.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZLNA.OL is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 49.79 | NEUTRAL | The RSI value for ZLNA.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests ZLNA.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.02 | OVERSOLD | The low Stochastics value suggests ZLNA.OL may be oversold. |
| Average True Range in percent/ATR (20) | 6.46 | HIGH VOLATILITY | The high ATR as a percentage value for ZLNA.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 34.94 | POSITIVE | The high ADX value value for ZLNA.OL suggests a strong trend. |
OSL:ZLNA (5/27/2025, 7:00:00 PM)
13.18
-0.42 (-3.09%)