ATEA ASA (ATEA.OL) Stock Technical Analysis
OSL:ATEA - Euronext Oslo - NO0004822503 - Common Stock - Currency: NOK
We assign a technical rating of 0 out of 10 to ATEA. ATEA'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ATEA is a bad performer in the overall market: 62% of all stocks are doing better.
ATEA 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 ATEA has a been trading in the 130.00 - 139.00 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
ATEA is an average performer in the IT Services industry, it outperforms 49% of 70 stocks in the same industry.
Although the technical rating is bad, ATEA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 131.59, a Stop Loss order could be placed below this zone.
More info and screens
127.70
163.22
We found 1 important support area.
- A support zone ranging from 128.99 to 131.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 133.49 to 136.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 142.14 to 148.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @161.60 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.2
Mansfield-0.78
10 Day High139
10 Day Low130
20 Day High139
20 Day Low130
52 Week High159.4
52 Week Low124.4
Performance
1 Week0.84%
2 Weeks-1.63%
1 Month-2.64%
3 Month-5.55%
6 Month-8.79%
12 Month6.58%
2 Year3.75%
3 Year0.45%
5 Year50.74%
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)0.03
RSI(14)45.7
LBB130.83
UBB137.33
OSL:ATEA (3/7/2025, 7:00:00 PM)
132.8
-2 (-1.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-1.48%
1 Week0.84%
2 Weeks-1.63%
1 Month-2.64%
3 Month-5.55%
6 Month-8.79%
12 Month6.58%
2 Year3.75%
3 Year0.45%
5 Year50.74%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.54
ATR(20)%2%
ATR Inc-5.35%
Range Today2.4
ADR(20)2.55
ADR(20)%1.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.2
Mansfield-0.78
10 Day High139
10 Day Low130
20 Day High139
20 Day Low130
52 Week High159.4
52 Week Low124.4
CS1 End131.59
CR1 Start133.49
Volume & EV
DER(3)1.06%
DER(5)-0.64%
Volume35.50K
Volume Incr-28.91%
Vol(5)48.40K
Vol(50)48.79K