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NORBIT ASA (NORBT.OL) Stock Technical Analysis

OSL:NORBT - Euronext Oslo - NO0010856511 - Common Stock - Currency: NOK

135.4  -2.6 (-1.88%)

Technical Rating and Analysis

10

Taking everything into account, NORBT scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NORBT is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that NORBT is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by NORBT over the past year are nicely spread over this period.
NORBT is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 97% of 48 stocks in the same industry.
A new 52 week high is currently being made by NORBT, which is a very good signal! Especially since the S&P500 is only trading in the middle part of its 52 week range, so NORBT is leading the market.
In the last month NORBT has a been trading in the 97.10 - 141.80 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
NORBIT ASA / NORBT Weekly stock chart
NORBIT ASA / NORBT Daily stock chart
Setup Rating and Analysis

3

Although NORBT has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

89.30

136.75

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 111.95 to 113.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @102.44 from a trend line in the daily time frame.
  • Support @94.00 from a horizontal line in the daily time frame.
  • Support @90.20 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
CRS97.08
Mansfield4.9
10 Day High141.8
10 Day Low107
20 Day High141.8
20 Day Low97.1
52 Week High141.8
52 Week Low58.6
Performance
1 Week8.49%
2 Weeks20.25%
1 Month9.9%
3 Month35.13%
6 Month39.59%
12 Month94.82%
2 Year222.38%
3 Year394.16%
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)1.91
RSI(14)67.3
LBB102.97
UBB140.69
NORBIT ASA / NORBT Daily stock chart

NORBIT ASA

OSL:NORBT (4/25/2025, 7:00:00 PM)

135.4

-2.6 (-1.88%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-1.88%
1 Week8.49%
2 Weeks20.25%
1 Month9.9%
3 Month35.13%
6 Month39.59%
12 Month94.82%
2 Year222.38%
3 Year394.16%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.28
ATR(20)%4.57%
ATR Inc2.83%
Range Today7.2
ADR(20)5.71
ADR(20)%4.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.08
Mansfield4.9
10 Day High141.8
10 Day Low107
20 Day High141.8
20 Day Low97.1
52 Week High141.8
52 Week Low58.6
CS1 End113.17
CR1 StartN/A
Volume & EV
DER(3)-2.92%
DER(5)-1.23%
Volume196.83K
Volume Incr20.83%
Vol(5)131.23K
Vol(50)106.37K