NORDIC MINING ASA (NOM.OL) Stock Technical Analysis
OSL:NOM - Oslo Bors ASA - NO0013162693 - Common Stock
Overall NOM gets a technical rating of 2 out of 10. Although NOM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month NOM has a been trading in the 21.00 - 27.80 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
NOM is one of the better performing stocks in the Metals & Mining industry, it outperforms 97% of 39 stocks in the same industry.
NOM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NOM is lagging the market slightly.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the yearly performance of all stocks, we notice that NOM is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
The technical rating of NOM is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
19.48
26.80
We found 2 important support areas.
- A support zone ranging from 20.88 to 21.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.68 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 24.51 to 24.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 26.49 to 26.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.45
Mansfield-0.09
10 Day High25.66
10 Day Low21
20 Day High27.81
20 Day Low21
52 Week High28.57
52 Week Low0.72
Performance
1 Week-13.03%
2 Weeks-17.41%
1 Month-13.19%
3 Month-20.54%
6 Month-6.59%
12 Month2764.86%
2 Year679.41%
3 Year432.66%
5 Year929.13%
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)-0.4
RSI(14)24.83
LBB20.98
UBB27.56
NORDIC MINING ASA
OSL:NOM (1/17/2025, 7:00:00 PM)
21.2
-0.4 (-1.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.85%
1 Week-13.03%
2 Weeks-17.41%
1 Month-13.19%
3 Month-20.54%
6 Month-6.59%
12 Month2764.86%
2 Year679.41%
3 Year432.66%
5 Year929.13%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.12
ATR(20)%4.83%
ATR Inc20.98%
Range Today0.61
ADR(20)0.95
ADR(20)%4.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.45
Mansfield-0.09
10 Day High25.66
10 Day Low21
20 Day High27.81
20 Day Low21
52 Week High28.57
52 Week Low0.72
CS1 End21.19
CR1 Start24.51
Volume & EV
DER(3)0.1%
DER(5)0.14%
Volume1.07M
Volume Incr46.78%
Vol(5)784.07K
Vol(50)353.85K