KITRON ASA (KIT.OL) Stock Technical Analysis
OSL:KIT - Euronext Oslo - NO0003079709 - Common Stock - Currency: NOK
We assign a technical rating of 9 out of 10 to KIT. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, KIT is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
KIT is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 91% of 49 stocks in the same industry.
A new 52 week high is currently being made by KIT, which is a very good signal! Especially since the S&P500 is only trading in the middle part of its 52 week range, so KIT is leading the market.
In the last month KIT has a been trading in the 35.60 - 47.50 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.
Looking at the yearly performance, KIT did better than 92% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although KIT has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
28.02
47.71
3 important support areas can be observed.
- A support zone ranging from 40.65 to 40.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @39.47 from a trend line in the daily time frame.
- 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
CRS92.55
Mansfield3.61
10 Day High47.5
10 Day Low38.64
20 Day High47.5
20 Day Low35.6
52 Week High47.5
52 Week Low27.32
Performance
1 Week19.23%
2 Weeks12.58%
1 Month22.96%
3 Month43.94%
6 Month44.29%
12 Month36.73%
2 Year28.37%
3 Year134.44%
5 Year450.58%
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)0.57
RSI(14)73.96
LBB37
UBB46.48
OSL:KIT (3/7/2025, 7:00:00 PM)
47.24
+2.34 (+5.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg5.21%
1 Week19.23%
2 Weeks12.58%
1 Month22.96%
3 Month43.94%
6 Month44.29%
12 Month36.73%
2 Year28.37%
3 Year134.44%
5 Year450.58%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.02
ATR(20)%3.8%
ATR Inc47.08%
Range Today2.12
ADR(20)1.53
ADR(20)%3.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.55
Mansfield3.61
10 Day High47.5
10 Day Low38.64
20 Day High47.5
20 Day Low35.6
52 Week High47.5
52 Week Low27.32
CS1 End40.71
CR1 StartN/A
Volume & EV
DER(3)-0.19%
DER(5)1.4%
Volume2.41M
Volume Incr200.14%
Vol(5)1.98M
Vol(50)816.54K