ARRIBATEC GROUP ASA (ARR.OL) Stock Technical Analysis
OSL:ARR - Euronext Oslo - NO0012861667 - Common Stock - Currency: NOK
We assign a technical rating of 3 out of 10 to ARR. In the past year, ARR was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, ARR is a bad performer in the overall market: 90% of all stocks are doing better.
ARR is one of the lesser performing stocks in the IT Services industry. 79% of 65 stocks in the same industry do better.
ARR is currently trading near the lower end of its 52 week range, which is not a good sign. ARR is lagging the S&P500 Index which is trading in the middle of its 52 week range.
ARR has an average volume of 1087350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ARR has a been trading in the 0.32 - 0.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ARR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
0.33
0.39
We found 2 important support areas.
- A support zone ranging from 0.36 to 0.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.33 to 0.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
2 important resistance areas can be observed.
- Resistance @0.38 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 0.39 to 0.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.82
Mansfield-8.01
10 Day High0.4
10 Day Low0.34
20 Day High0.41
20 Day Low0.32
52 Week High4.51
52 Week Low0.2
Performance
1 Week-3.64%
2 Weeks2.49%
1 Month1.64%
3 Month37.41%
6 Month-68.95%
12 Month-90.95%
2 Year-89.34%
3 Year-30.39%
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
RSI(14)53.45
LBB0.34
UBB0.39
OSL:ARR (4/25/2025, 7:00:00 PM)
0.371
+0.01 (+1.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg1.92%
1 Week-3.64%
2 Weeks2.49%
1 Month1.64%
3 Month37.41%
6 Month-68.95%
12 Month-90.95%
2 Year-89.34%
3 Year-30.39%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%9.06%
ATR Inc-30.81%
Range Today0.02
ADR(20)0.03
ADR(20)%8.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.82
Mansfield-8.01
10 Day High0.4
10 Day Low0.34
20 Day High0.41
20 Day Low0.32
52 Week High4.51
52 Week Low0.2
CS1 End0.36
CR1 Start0.38
Volume & EV
DER(3)0%
DER(5)0%
Volume693.86K
Volume Incr-65%
Vol(5)341.62K
Vol(50)1.09M