SCATEC ASA (SCATC.OL) Stock Technical Analysis
OSL:SCATC - Euronext Oslo - NO0010715139 - Common Stock - Currency: NOK
Taking everything into account, SCATC scores 1 out of 10 in our technical rating. SCATC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month SCATC has a been trading in the 73.05 - 83.00 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
SCATC is one of the better performing stocks in the Independent Power and Renewable Electricity Producers industry, it outperforms 71% of 22 stocks in the same industry.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, SCATC outperforms 41% of them, which is more or less in line with the market.
SCATC is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
SCATC has a poor technical rating and the quality of the setup is also not perfect 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
74.09
83.75
We found 1 important support area.
- Support @74.84 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 77.90 to 78.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 80.75 to 81.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 82.70 to 82.92. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.61
Mansfield-0.91
10 Day High83
10 Day Low73.05
20 Day High83
20 Day Low73.05
52 Week High91.45
52 Week Low63.65
Performance
1 Week-7.59%
2 Weeks-4.04%
1 Month-3.98%
3 Month-6.79%
6 Month-3.92%
12 Month9.75%
2 Year7.73%
3 Year-44.31%
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)-0.57
RSI(14)41.61
LBB72.98
UBB83.08
OSL:SCATC (3/10/2025, 11:29:34 AM)
74.975
+0.13 (+0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg0.17%
1 Week-7.59%
2 Weeks-4.04%
1 Month-3.98%
3 Month-6.79%
6 Month-3.92%
12 Month9.75%
2 Year7.73%
3 Year-44.31%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.43
ATR(20)%2.8%
ATR Inc13.69%
Range Today1.27
ADR(20)2.03
ADR(20)%2.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.61
Mansfield-0.91
10 Day High83
10 Day Low73.05
20 Day High83
20 Day Low73.05
52 Week High91.45
52 Week Low63.65
CS1 End74.84
CR1 Start77.9
Volume & EV
DER(3)2.6%
DER(5)3%
Volume13.98K
Volume Incr12.52%
Vol(5)317.74K
Vol(50)321.40K