NORCONSULT AS (NORCO.OL) Stock Technical Analysis
OSL:NORCO - Euronext Oslo - NO0013052209 - Common Stock - Currency: NOK
We assign a technical rating of 10 out of 10 to NORCO. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NORCO is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, NORCO did better than 93% of all other stocks. We also observe that the gains produced by NORCO over the past year are nicely spread over this period.
NORCO is part of the Construction & Engineering industry. There are 39 other stocks in this industry. NORCO outperforms 76% of them.
NORCO is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month NORCO has a been trading in the 39.85 - 46.20 range, which is quite wide. It is currently trading near the high of this range.
NORCO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 46.20. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 43.96, a Stop Loss order could be placed below this zone.
More info and screens
40.39
46.66
3 important support areas can be observed.
- A support zone ranging from 43.70 to 43.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 41.55 to 42.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @40.80 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 46.20 to 46.20. 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
CRS93.51
Mansfield2.44
10 Day High46.2
10 Day Low39.85
20 Day High46.2
20 Day Low39.85
52 Week High46.55
52 Week Low27.1
Performance
1 Week4%
2 Weeks6.47%
1 Month2.34%
3 Month0.28%
6 Month18.72%
12 Month66.51%
2 YearN/A
3 YearN/A
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)0.21
RSI(14)55.23
LBB41.41
UBB46.33
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 |
|---|---|---|---|
| 46.21 | 43.69 | 2.52 (5.45%) | 18.34% |
| An entry @46.21. This is a Buy Stop order right above the resistance zone. | An exit @43.69. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.52 points, which is 5.45%. | When investing 18.34% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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:NORCO (4/24/2025, 4:04:43 PM)
45.1
+0.23 (+0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg0.5%
1 Week4%
2 Weeks6.47%
1 Month2.34%
3 Month0.28%
6 Month18.72%
12 Month66.51%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.37
ATR(20)%2.77%
ATR Inc-1.81%
Range Today1.1
ADR(20)1.13
ADR(20)%2.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.51
Mansfield2.44
10 Day High46.2
10 Day Low39.85
20 Day High46.2
20 Day Low39.85
52 Week High46.55
52 Week Low27.1
CS1 End43.96
CR1 Start46.2
Volume & EV
DER(3)-2.95%
DER(5)-3.53%
Volume58.77K
Volume Incr-38.01%
Vol(5)307.80K
Vol(50)440.90K