NEKKAR ASA (NKR.OL) Stock Technical Analysis
OSL:NKR - Euronext Oslo - NO0003049405 - Common Stock - Currency: NOK
We assign a technical rating of 7 out of 10 to NKR. In the last year, NKR was one of the better performers, but we do observe some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
NKR is one of the better performing stocks in the Machinery industry, it outperforms 74% of 102 stocks in the same industry.
In the last month NKR has a been trading in the 9.86 - 12.10 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Looking at the yearly performance, NKR did better than 82% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
NKR is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, NKR also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 10.86, a Stop Loss order could be placed below this zone.
More info and screens
9.07
12.13
7 important support areas can be observed.
- A support zone ranging from 10.81 to 10.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.50 from a horizontal line in the daily time frame.
- Support @10.32 from a trend line in the weekly time frame.
- Support @10.10 from a horizontal line in the daily time frame.
- A support zone ranging from 9.84 to 9.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 9.54 to 9.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 9.16 to 9.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 11.21 to 11.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @11.60 from a horizontal line in the weekly time frame.
- Resistance @11.81 from a horizontal line in the weekly time frame.
- Resistance @12.01 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.52
Mansfield1.21
10 Day High11.5
10 Day Low10.1
20 Day High12.1
20 Day Low9.86
52 Week High12.6
52 Week Low8.52
Performance
1 Week2.75%
2 Weeks5.16%
1 Month-5.88%
3 Month13.59%
6 Month15.94%
12 Month20.43%
2 Year80.65%
3 Year40.88%
5 Year362.81%
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)-0.02
RSI(14)51.86
LBB10.51
UBB11.57
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 |
|---|---|---|---|
| 11.23 | 10.80 | 0.43 (3.83%) | 25.00% |
| An entry @11.23. This is a Buy Stop order right above the resistance zone. | An exit @10.80. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.43 points, which is 3.83%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.96%. |
- The distance between exit and entry is rather small compared to the average daily movement of NKR. 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:NKR (4/25/2025, 7:00:00 PM)
11.2
-0.1 (-0.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.88%
1 Week2.75%
2 Weeks5.16%
1 Month-5.88%
3 Month13.59%
6 Month15.94%
12 Month20.43%
2 Year80.65%
3 Year40.88%
5 Year362.81%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%4.71%
ATR Inc-59.25%
Range Today0.2
ADR(20)0.5
ADR(20)%4.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.52
Mansfield1.21
10 Day High11.5
10 Day Low10.1
20 Day High12.1
20 Day Low9.86
52 Week High12.6
52 Week Low8.52
CS1 End10.86
CR1 Start11.21
Volume & EV
DER(3)0%
DER(5)0%
Volume1
Volume Incr-35.03%
Vol(5)67.81K
Vol(50)118.77K