KITRON ASA (KIT.OL) Stock Technical Analysis
OSL:KIT - Euronext Oslo - NO0003079709 - Common Stock - Currency: NOK
Overall KIT gets a technical rating of 10 out of 10. Both in the recent history as in the last year, KIT has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, KIT did better than 95% of all other stocks. We also observe that the gains produced by KIT over the past year are nicely spread over this period.
KIT is part of the Electronic Equipment, Instruments & Components industry. There are 48 other stocks in this industry. KIT outperforms 93% of them.
KIT is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so KIT slightly outperforms the market at the moment.
KIT has an average volume of 1126940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month KIT has a been trading in the 43.00 - 53.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
KIT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 48.22, a Stop Loss order could be placed below this zone.
More info and screens
28.02
49.57
When analyzing the support we can see 3 important areas.
- A support zone ranging from 48.12 to 48.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 43.97 to 44.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.30 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
CRS95.73
Mansfield4.02
10 Day High53.9
10 Day Low45.86
20 Day High53.9
20 Day Low43
52 Week High53.9
52 Week Low27.6
Performance
1 Week-5.62%
2 Weeks1.7%
1 Month7.16%
3 Month25.98%
6 Month61.24%
12 Month73.43%
2 Year21.94%
3 Year165.58%
5 Year354.44%
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)0.01
RSI(14)54.31
LBB45.77
UBB53.02
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 |
|---|---|---|---|
| 50.06 | 48.11 | 1.95 (3.90%) | 25.00% |
| An entry @50.06. This is a Buy Stop order right above the 10 day moving average. | An exit @48.11. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.95 points, which is 3.90%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.97%. |
- The distance between exit and entry is rather small compared to the average daily movement of KIT. 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:KIT (4/25/2025, 7:00:00 PM)
49.08
-1.42 (-2.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-2.81%
1 Week-5.62%
2 Weeks1.7%
1 Month7.16%
3 Month25.98%
6 Month61.24%
12 Month73.43%
2 Year21.94%
3 Year165.58%
5 Year354.44%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.76
ATR(20)%4.69%
ATR Inc16.6%
Range Today2.17
ADR(20)2.13
ADR(20)%4.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.73
Mansfield4.02
10 Day High53.9
10 Day Low45.86
20 Day High53.9
20 Day Low43
52 Week High53.9
52 Week Low27.6
CS1 End48.22
CR1 StartN/A
Volume & EV
DER(3)-3.47%
DER(5)-2.97%
Volume1.01M
Volume Incr-0.77%
Vol(5)1.03M
Vol(50)1.13M