ARENDALS FOSSEKOMPANI ASA (AFK.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:AFK - NO0003572802 - Common Stock
Taking everything into account, AFK scores 2 out of 10 in our technical rating. AFK'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.
AFK has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 136.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 134.91, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
121.77
3 important support areas can be observed.
- A support zone ranging from 130.00 to 134.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @127.04 from a trend line in the daily time frame.
- Support @123.00 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @136.50 from a horizontal line in the daily time frame.
- A resistance zone ranging from 143.51 to 145.01. 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 | NEUTRAL | NEUTRAL | The long term trend for AFK.OL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AFK.OL is neutral. |
| ChartMill Relative Strength | 25.66 | NEGATIVE | AFK.OL has a low relative strength, it was outperformed by 74.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AFK.OL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AFK.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AFK.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.25 | NEUTRAL | The RSI value for AFK.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests AFK.OL has a positive trend. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for AFK.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.65 | LOW VOLATILITY | The low ATR as a percentage value for AFK.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 9.02 | NEGATIVE | The low ADX value for AFK.OL suggests a weak or negative trend. |
OSL:AFK (12/19/2025, 7:00:00 PM)
135
+2 (+1.5%)
ARENDALS FOSSEKOMPANI ASA / AFK.OL FAQ
What is the ChartMill technical rating of ARENDALS FOSSEKOMPANI ASA (AFK.OL) stock?
ChartMill assigns a technical rating of 2 / 10 to AFK.OL.
Can you provide the trend direction for ARENDALS FOSSEKOMPANI ASA?
The current trend direction for ARENDALS FOSSEKOMPANI ASA (AFK.OL) is Bearish.
Can you provide the RSI signal for ARENDALS FOSSEKOMPANI ASA?
ARENDALS FOSSEKOMPANI ASA (AFK.OL) has an RSI value of 53.2499. This indicates that the stock is currently neutral.
What is the short term momentum for ARENDALS FOSSEKOMPANI ASA (AFK.OL) stock?
The short term momentum for ARENDALS FOSSEKOMPANI ASA (AFK.OL) is neutral.