NORSKE SKOG ASA (NSKOG.OL) Stock Technical Analysis
OSL:NSKOG - Oslo Bors ASA - NO0010861115 - Common Stock - Currency: NOK
We assign a technical rating of 2 out of 10 to NSKOG. Recently some decent action could be observed, but in the medium term time frame this is still negative. NSKOG was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, NSKOG is a bad performer in the overall market: 75% of all stocks are doing better.
NSKOG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month NSKOG has a been trading in the 18.70 - 24.18 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
NSKOG is part of the Paper & Forest Products industry. There are 9 other stocks in this industry, NSKOG did better than 62% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of NSKOG is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
18.36
41.42
We found 1 important support area.
- Support @18.55 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 24.30 to 24.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @26.79 from a trend line in the daily time frame.
- Resistance @41.01 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
CRS25.26
Mansfield-3.5
10 Day High24.18
10 Day Low18.7
20 Day High24.18
20 Day Low18.7
52 Week High44
52 Week Low18.11
Performance
1 Week24.32%
2 Weeks21%
1 Month-0.76%
3 Month27.33%
6 Month-37.84%
12 Month-35.22%
2 Year-64.75%
3 Year-50.17%
5 Year-36.79%
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)0.53
RSI(14)63.08
LBB16.79
UBB24.05
NORSKE SKOG ASA
OSL:NSKOG (2/5/2025, 12:13:31 PM)
23.46
-0.16 (-0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg-0.68%
1 Week24.32%
2 Weeks21%
1 Month-0.76%
3 Month27.33%
6 Month-37.84%
12 Month-35.22%
2 Year-64.75%
3 Year-50.17%
5 Year-36.79%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.05
ATR(20)%4.58%
ATR Inc25.63%
Range Today0.64
ADR(20)0.88
ADR(20)%3.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.26
Mansfield-3.5
10 Day High24.18
10 Day Low18.7
20 Day High24.18
20 Day Low18.7
52 Week High44
52 Week Low18.11
CS1 End23.61
CR1 Start24.3
Volume & EV
DER(3)1.4%
DER(5)0.6%
Volume4.18K
Volume Incr134.67%
Vol(5)805.70K
Vol(50)401.39K