OSL:JAREN - Euronext Oslo - NO0010359433 - Common Stock - Currency: NOK
Overall JAREN gets a technical rating of 9 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
JAREN 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 resistance zone just above the current price starting at 367.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 357.99, a Stop Loss order could be placed below this zone.
293.04
We found 2 important support areas.
When analyzing the resistance we notice one important area.
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 |
---|---|---|---|
367.02 | 350.04 | 16.98 (4.63%) | 21.61% |
An entry @367.02. This is a Buy Stop order right above the resistance zone. | An exit @350.04. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 16.98 points, which is 4.63%. | When investing 21.61% of your capital in this trade, your total portfolio risk will be 1.00%. |
OSL:JAREN (3/7/2025, 7:00:00 PM)
358
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