NORBIT ASA (NORBT.OL) Stock Technical Analysis
OSL:NORBT - Euronext Oslo - NO0010856511 - Common Stock - Currency: NOK
Overall NORBT gets a technical rating of 10 out of 10. Both in the recent history as in the last year, NORBT has proven to be a steady performer, scoring decent points in every aspect analyzed.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that NORBT is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, NORBT also shows a nice and consistent pattern of rising prices.
NORBT is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 93% of 49 stocks in the same industry.
NORBT 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 NORBT slightly outperforms the market at the moment.
In the last month NORBT has a been trading in the 101.00 - 118.40 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.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, NORBT also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 109.99, a Stop Loss order could be placed below this zone.
More info and screens
85.64
111.10
5 important support areas can be observed.
- A support zone ranging from 106.80 to 109.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @97.56 from a trend line in the daily time frame.
- A support zone ranging from 93.50 to 94.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @90.40 from a horizontal line in the daily time frame.
- Support @86.50 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
CRS92.76
Mansfield2.48
10 Day High118.4
10 Day Low106.8
20 Day High118.4
20 Day Low101
52 Week High118.4
52 Week Low58.6
Performance
1 Week-0.99%
2 Weeks-6.62%
1 Month5.77%
3 Month16.65%
6 Month25.28%
12 Month65.17%
2 Year175%
3 Year307.41%
5 YearN/A
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)-0.88
RSI(14)53.74
LBB106.17
UBB117.7
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 |
|---|---|---|---|
| 110.74 | 106.79 | 3.95 (3.57%) | 25.00% |
| An entry @110.74. This is a Buy Stop order right above the 10 day moving average. | An exit @106.79. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.95 points, which is 3.57%. | For a 0.89% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of NORBT. 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:NORBT (3/7/2025, 7:00:00 PM)
110
+1 (+0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.92%
1 Week-0.99%
2 Weeks-6.62%
1 Month5.77%
3 Month16.65%
6 Month25.28%
12 Month65.17%
2 Year175%
3 Year307.41%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.97
ATR(20)%3.71%
ATR Inc7.32%
Range Today5
ADR(20)3.57
ADR(20)%3.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.76
Mansfield2.48
10 Day High118.4
10 Day Low106.8
20 Day High118.4
20 Day Low101
52 Week High118.4
52 Week Low58.6
CS1 End109.99
CR1 StartN/A
Volume & EV
DER(3)-1.35%
DER(5)-1.05%
Volume90.33K
Volume Incr25.39%
Vol(5)91.09K
Vol(50)65.88K