AKASTOR ASA (AKAST.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:AKAST - NO0010215684 - Common Stock
We assign a technical rating of 1 out of 10 to AKAST. AKAST'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.
AKAST has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 11.27. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.17, a Stop Loss order could be placed below this zone.
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10.68
When analyzing the support we notice one important area.
- A support zone ranging from 10.79 to 11.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 11.27 to 11.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.82 to 11.88. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for AKAST.OL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AKAST.OL is neutral. |
| ChartMill Relative Strength | 19.83 | NEGATIVE | AKAST.OL has a low relative strength, it was outperformed by 80.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AKAST.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AKAST.OL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AKAST.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.69 | NEUTRAL | The RSI value for AKAST.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests AKAST.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.62 | NEUTRAL | The Stochastics value for AKAST.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.11 | MEDIUM VOLATILITY | The ATR as a percentage value for AKAST.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 18.88 | NEGATIVE | The low ADX value for AKAST.OL suggests a weak or negative trend. |
OSL:AKAST (12/12/2025, 7:00:00 PM)
11.2
+0.02 (+0.18%)
AKASTOR ASA / AKAST.OL FAQ
Can you provide the ChartMill technical rating for AKASTOR ASA?
ChartMill assigns a technical rating of 1 / 10 to AKAST.OL.
Can you provide the trend direction for AKASTOR ASA?
The current trend direction for AKASTOR ASA (AKAST.OL) is Bearish.
What is the RSI signal for AKAST stock?
AKASTOR ASA (AKAST.OL) has an RSI value of 53.6904. This indicates that the stock is currently neutral.
Can you provide the short term momentum for AKASTOR ASA?
The short term momentum for AKASTOR ASA (AKAST.OL) is neutral.
What are the support and resistance levels for AKASTOR ASA (AKAST.OL) stock?
AKASTOR ASA (AKAST.OL) has a support level at 11.17 and a resistance level at 11.27. Check the full technical report for our detailed analysis of AKAST.OL support and resistance levels.