Logo image of NOM.OL

NORDIC MINING ASA (NOM.OL) Stock Technical Analysis

OSL:NOM - Euronext Oslo - NO0013162693 - Common Stock - Currency: NOK

22  +1 (+4.76%)

Technical Rating and Analysis

4

Taking everything into account, NOM scores 4 out of 10 in our technical rating. 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.

NOM is part of the Metals & Mining industry. There are 37 other stocks in this industry. NOM outperforms 97% of them.
NOM is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so NOM slightly outperforms the market at the moment.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
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. We also observe that the gains produced by NOM over the past year are nicely spread over this period. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month NOM has a been trading in the 20.00 - 24.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
NORDIC MINING ASA / NOM Weekly stock chart
NORDIC MINING ASA / NOM Daily stock chart
Setup Rating and Analysis

5

NOM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 21.21, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

20.79

26.62

We found 1 important support area.

  • A support zone ranging from 21.00 to 21.21. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 22.20 to 23.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 25.62 to 25.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @26.36 from a horizontal line in the daily time frame.
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
CRS99.52
Mansfield-0.59
10 Day High24.23
10 Day Low20.16
20 Day High24.23
20 Day Low20
52 Week High28.57
52 Week Low0.78
Performance
1 Week-4.68%
2 Weeks-2.65%
1 Month0.92%
3 Month-11.52%
6 Month-5.46%
12 Month2684.81%
2 Year3530.36%
3 Year434.63%
5 Year1082.8%
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)-0.11
RSI(14)47.21
LBB20.91
UBB23.88
NORDIC MINING ASA / NOM Daily stock chart

NORDIC MINING ASA

OSL:NOM (3/7/2025, 7:00:00 PM)

22

+1 (+4.76%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg4.76%
1 Week-4.68%
2 Weeks-2.65%
1 Month0.92%
3 Month-11.52%
6 Month-5.46%
12 Month2684.81%
2 Year3530.36%
3 Year434.63%
5 Year1082.8%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.07
ATR(20)%5.01%
ATR Inc2.64%
Range Today1.09
ADR(20)1.07
ADR(20)%4.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.52
Mansfield-0.59
10 Day High24.23
10 Day Low20.16
20 Day High24.23
20 Day Low20
52 Week High28.57
52 Week Low0.78
CS1 End21.21
CR1 Start22.2
Volume & EV
DER(3)0.16%
DER(5)0.06%
Volume381.18K
Volume Incr186.07%
Vol(5)882.16K
Vol(50)533.44K