CONTEXTVISION AB (CONTX.OL) Stock Technical Analysis
OSL:CONTX - Euronext Oslo - SE0014731154 - Common Stock - Currency: NOK
Taking everything into account, CONTX scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CONTX is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
CONTX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When compared to the yearly performance of all other stocks, CONTX outperforms 52% of them, which is more or less in line with the market.
CONTX is part of the Health Care Technology industry. There are 12 other stocks in this industry, CONTX did better than 54% of them.
CONTX is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
CONTX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 6.09, a Stop Loss order could be placed below this zone.
More info and screens
5.05
8.44
When analyzing the support we can see 5 important areas.
- A support zone ranging from 5.99 to 6.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.86 from a horizontal line in the daily time frame.
- Support @5.35 from a trend line in the weekly time frame.
- Support @5.23 from a trend line in the daily time frame.
- Support @5.10 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 6.22 to 6.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.43 from a horizontal line in the daily time frame.
- Resistance @8.36 from a trend 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
CRS52.05
Mansfield0.22
10 Day High6.6
10 Day Low5.92
20 Day High6.6
20 Day Low5.24
52 Week High7.1
52 Week Low4.52
Performance
1 Week-1.29%
2 Weeks-3.17%
1 Month15.09%
3 Month18.22%
6 Month12.96%
12 Month-8.96%
2 Year-31%
3 Year-42.99%
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)-0.04
RSI(14)56.09
LBB5.97
UBB6.46
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 6.32 | 5.98 | 0.34 (5.38%) | 18.59% |
| An entry @6.32. This is a Buy Stop order right above the resistance zone. | An exit @5.98. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.34 points, which is 5.38%. | When investing 18.59% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of CONTX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OSL:CONTX (3/7/2025, 7:00:00 PM)
6.1
+0.1 (+1.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg1.67%
1 Week-1.29%
2 Weeks-3.17%
1 Month15.09%
3 Month18.22%
6 Month12.96%
12 Month-8.96%
2 Year-31%
3 Year-42.99%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%4.44%
ATR Inc-58.12%
Range Today0.18
ADR(20)0.26
ADR(20)%4.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.05
Mansfield0.22
10 Day High6.6
10 Day Low5.92
20 Day High6.6
20 Day Low5.24
52 Week High7.1
52 Week Low4.52
CS1 End6.09
CR1 Start6.22
Volume & EV
DER(3)-7.47%
DER(5)-4.42%
Volume8.41K
Volume Incr69.92%
Vol(5)90.65K
Vol(50)50.15K