Logo image of NHY.OL

NORSK HYDRO ASA (NHY.OL) Stock Technical Analysis

OSL:NHY - Euronext Oslo - NO0005052605 - Common Stock - Currency: NOK

54.6  -0.64 (-1.16%)

Technical Rating and Analysis

0

Taking everything into account, NHY scores 0 out of 10 in our technical rating. NHY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
83% of all other stocks performed better in the past year than NHY.
NHY is part of the Metals & Mining industry. There are 38 other stocks in this industry, of which 70% are performing better than NHY.
NHY is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month NHY has a been trading in the 50.60 - 63.38 range, which is quite wide. It is currently trading near the lows of this range.
NHY has an average volume of 5172140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
NORSK HYDRO ASA / NHY Weekly stock chart
NORSK HYDRO ASA / NHY Daily stock chart
Setup Rating and Analysis

6

NHY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.

Support and Resistance Analysis

51.31

72.88

When analyzing the support we notice one important area.

  • Support @51.83 from a horizontal line in the daily time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 56.51 to 56.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @69.76 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 71.80 to 72.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.34
Mansfield-1.25
10 Day High57.04
10 Day Low52.24
20 Day High63.38
20 Day Low50.6
52 Week High73.36
52 Week Low50.6
Performance
1 Week4.31%
2 Weeks2.56%
1 Month-12.32%
3 Month-17.5%
6 Month-19.94%
12 Month-20.33%
2 Year-29.38%
3 Year-30.9%
5 Year111.08%
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)0.58
RSI(14)40.81
LBB51.63
UBB57.07
NORSK HYDRO ASA / NHY Daily stock chart

NORSK HYDRO ASA

OSL:NHY (4/30/2025, 4:26:15 PM)

54.6

-0.64 (-1.16%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.16%
1 Week4.31%
2 Weeks2.56%
1 Month-12.32%
3 Month-17.5%
6 Month-19.94%
12 Month-20.33%
2 Year-29.38%
3 Year-30.9%
5 Year111.08%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.56
ATR(20)%4.47%
ATR Inc-37.58%
Range Today1.97
ADR(20)2.11
ADR(20)%3.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.34
Mansfield-1.25
10 Day High57.04
10 Day Low52.24
20 Day High63.38
20 Day Low50.6
52 Week High73.36
52 Week Low50.6
CS1 End51.83
CR1 Start56.51
Volume & EV
DER(3)1.37%
DER(5)1.88%
Volume3.60M
Volume Incr-11.05%
Vol(5)4.79M
Vol(50)5.17M