STRONGPOINT ASA (STRO.OL) Stock Technical Analysis
OSL:STRO - Euronext Oslo - NO0010098247 - Common Stock - Currency: NOK
Overall STRO gets a technical rating of 1 out of 10. STRO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
82% of all other stocks performed better in the past year than STRO.
STRO 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.
STRO is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
STRO is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 45% of 49 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
STRO has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 10.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.97, a Stop Loss order could be placed below this zone.
More info and screens
9.43
11.62
When analyzing the support we notice one important area.
- A support zone ranging from 9.53 to 9.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 10.01 to 10.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 10.54 to 10.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.50 from a trend line 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
CRS18.57
Mansfield-1.04
10 Day High10
10 Day Low9.56
20 Day High10.7
20 Day Low9.56
52 Week High13.8
52 Week Low9
Performance
1 Week3.09%
2 Weeks0%
1 Month-4.76%
3 Month0.81%
6 Month3.09%
12 Month-23.37%
2 Year-60.78%
3 Year-57.98%
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)0.02
RSI(14)47.44
LBB9.62
UBB10.15
OSL:STRO (3/7/2025, 7:00:00 PM)
10
+0.24 (+2.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg2.46%
1 Week3.09%
2 Weeks0%
1 Month-4.76%
3 Month0.81%
6 Month3.09%
12 Month-23.37%
2 Year-60.78%
3 Year-57.98%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%2.72%
ATR Inc-20.68%
Range Today0.24
ADR(20)0.27
ADR(20)%2.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.57
Mansfield-1.04
10 Day High10
10 Day Low9.56
20 Day High10.7
20 Day Low9.56
52 Week High13.8
52 Week Low9
CS1 End9.97
CR1 Start10.01
Volume & EV
DER(3)0%
DER(5)-2.24%
Volume15
Volume Incr-65.03%
Vol(5)19.19K
Vol(50)41.52K