NORSKE SKOG ASA (NSKOG.OL) Stock Technical Analysis
OSL:NSKOG - Euronext Oslo - NO0010861115 - Common Stock - Currency: NOK
Overall NSKOG gets a technical rating of 5 out of 10. In the past year, NSKOG was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
86% of all other stocks performed better in the past year than NSKOG.
NSKOG is part of the Paper & Forest Products industry. There are 9 other stocks in this industry, of which 62% are performing better than NSKOG.
NSKOG is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month NSKOG has a been trading in the 20.28 - 27.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
NSKOG has an average technical rating and the quality of the presented setup is also not ideal 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.
More info and screens
18.36
41.11
When analyzing the support we can see 4 important areas.
- A support zone ranging from 23.71 to 24.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.53 to 22.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @19.86 from a trend line in the weekly time frame.
- Support @18.55 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @26.44 from a trend line in the daily time frame.
- A resistance zone ranging from 26.94 to 26.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @40.70 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
CRS14.17
Mansfield-2.77
10 Day High27.4
10 Day Low22.7
20 Day High27.4
20 Day Low20.28
52 Week High44
52 Week Low18.11
Performance
1 Week-10.62%
2 Weeks1.6%
1 Month17.46%
3 Month1.86%
6 Month-29.59%
12 Month-34.03%
2 Year-58.27%
3 Year-51.79%
5 Year-28.76%
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)-0.1
RSI(14)52.32
LBB21.69
UBB27.36
OSL:NSKOG (3/7/2025, 7:00:00 PM)
24.08
+0.18 (+0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg0.75%
1 Week-10.62%
2 Weeks1.6%
1 Month17.46%
3 Month1.86%
6 Month-29.59%
12 Month-34.03%
2 Year-58.27%
3 Year-51.79%
5 Year-28.76%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.29
ATR(20)%5.23%
ATR Inc-30.22%
Range Today1
ADR(20)1.16
ADR(20)%4.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.17
Mansfield-2.77
10 Day High27.4
10 Day Low22.7
20 Day High27.4
20 Day Low20.28
52 Week High44
52 Week Low18.11
CS1 End24.07
CR1 Start26.44
Volume & EV
DER(3)0.5%
DER(5)0.09%
Volume79.89K
Volume Incr-54.24%
Vol(5)181.18K
Vol(50)400.86K