CAVENDISH HYDROGEN ASA (CAVEN.OL) Stock Technical Analysis
OSL:CAVEN - Euronext Oslo - NO0013219535 - Common Stock - Currency: NOK
We assign a technical rating of 3 out of 10 to CAVEN. Recently some decent action could be observed, but in the medium term time frame this is still negative. CAVEN was also a bad performer in the overall market in the last year.
100% of all other stocks performed better in the past year than CAVEN.
CAVEN is one of the lesser performing stocks in the Electrical Equipment industry. 90% of 53 stocks in the same industry do better.
In the last month CAVEN has a been trading in the 4.00 - 6.49 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CAVEN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for CAVEN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
4.78
5.96
We found 2 important support areas.
- A support zone ranging from 5.05 to 5.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.83 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High6.49
10 Day Low4.67
20 Day High6.49
20 Day Low4
52 Week HighN/A
52 Week LowN/A
Performance
1 Week9.87%
2 Weeks18%
1 Month20.41%
3 Month-25.51%
6 Month-45.01%
12 MonthN/A
2 YearN/A
3 YearN/A
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)0.11
RSI(14)62.51
LBB4.47
UBB5.75
OSL:CAVEN (4/25/2025, 7:00:00 PM)
5.9
+0.3 (+5.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg5.36%
1 Week9.87%
2 Weeks18%
1 Month20.41%
3 Month-25.51%
6 Month-45.01%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%9.67%
ATR Inc27.56%
Range Today0.74
ADR(20)0.54
ADR(20)%9.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High6.49
10 Day Low4.67
20 Day High6.49
20 Day Low4
52 Week HighN/A
52 Week LowN/A
CS1 End5.1
CR1 StartN/A
Volume & EV
DER(3)-1.51%
DER(5)4.22%
Volume239.28K
Volume Incr331.63%
Vol(5)88.09K
Vol(50)52.97K