NEL ASA (NEL.OL) Stock Technical Analysis
OSL:NEL - Euronext Oslo - NO0010081235 - Common Stock - Currency: NOK
Taking everything into account, NEL scores 0 out of 10 in our technical rating. NEL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, NEL is a bad performer in the overall market: 98% of all stocks are doing better.
NEL is part of the Electrical Equipment industry. There are 59 other stocks in this industry, of which 68% are performing better than NEL.
NEL is currently trading near the lower end of its 52 week range, which is not a good sign. NEL is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month NEL has a been trading in the 1.95 - 2.56 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
NEL has an average volume of 5564990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of NEL is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.96
2.73
When analyzing the resistance we notice one important area.
- Resistance @2.70 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
CRS2.73
Mansfield-5.82
10 Day High2.56
10 Day Low1.95
20 Day High2.56
20 Day Low1.95
52 Week High8.7
52 Week Low1.95
Performance
1 Week-15.3%
2 Weeks-16.12%
1 Month-15.55%
3 Month-36.49%
6 Month-62.14%
12 Month-58.28%
2 Year-86.07%
3 Year-86.78%
5 Year-80.9%
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)-0.03
RSI(14)32.32
LBB1.95
UBB2.57
OSL:NEL (3/7/2025, 7:00:00 PM)
1.977
-0.02 (-0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-0.78%
1 Week-15.3%
2 Weeks-16.12%
1 Month-15.55%
3 Month-36.49%
6 Month-62.14%
12 Month-58.28%
2 Year-86.07%
3 Year-86.78%
5 Year-80.9%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%7.4%
ATR Inc26.19%
Range Today0.07
ADR(20)0.14
ADR(20)%6.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.73
Mansfield-5.82
10 Day High2.56
10 Day Low1.95
20 Day High2.56
20 Day Low1.95
52 Week High8.7
52 Week Low1.95
CS1 EndN/A
CR1 Start2.7
Volume & EV
DER(3)-0.39%
DER(5)0.46%
Volume3.76M
Volume Incr44.63%
Vol(5)5.68M
Vol(50)5.56M