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AKASTOR ASA (AKAST.OL) Stock Technical Analysis

OSL:AKAST - Euronext Oslo - NO0010215684 - Common Stock - Currency: NOK

12.08  -0.08 (-0.66%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to AKAST. AKAST has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

AKAST is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month AKAST has a been trading in the 11.94 - 14.18 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.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, AKAST outperforms 41% of them, which is more or less in line with the market.
AKAST is part of the Energy Equipment & Services industry. There are 35 other stocks in this industry, AKAST did better than 64% of them.
Weekly and Daily overview Charts
AKASTOR ASA / AKAST Weekly stock chart
AKASTOR ASA / AKAST Daily stock chart
Setup Rating and Analysis

3

The technical rating of AKAST is bad and it also does not present a 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.

Support and Resistance Analysis

11.96

14.27

We can see 2 important resistance areas.

  • A resistance zone ranging from 13.15 to 13.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 13.95 to 14.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.92
Mansfield-1.35
10 Day High13.88
10 Day Low11.94
20 Day High14.18
20 Day Low11.94
52 Week High17
52 Week Low10.64
Performance
1 Week-6.17%
2 Weeks-10.06%
1 Month-7.74%
3 Month-6.46%
6 Month-11.63%
12 Month9.75%
2 Year6.48%
3 Year48.66%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.17
RSI(14)33.3
LBB11.75
UBB14.42
AKASTOR ASA / AKAST Daily stock chart

AKASTOR ASA

OSL:AKAST (3/10/2025, 10:00:11 AM)

12.08

-0.08 (-0.66%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.66%
1 Week-6.17%
2 Weeks-10.06%
1 Month-7.74%
3 Month-6.46%
6 Month-11.63%
12 Month9.75%
2 Year6.48%
3 Year48.66%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%3.52%
ATR Inc-34.04%
Range Today0.1
ADR(20)0.41
ADR(20)%3.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.92
Mansfield-1.35
10 Day High13.88
10 Day Low11.94
20 Day High14.18
20 Day Low11.94
52 Week High17
52 Week Low10.64
CS1 EndN/A
CR1 Start13.15
Volume & EV
DER(3)-1.51%
DER(5)-0.87%
Volume1.45K
Volume Incr53.62%
Vol(5)199.23K
Vol(50)147.32K