TECHSTEP ASA (TECH.OL) Stock Technical Analysis
OSL:TECH - Euronext Oslo - NO0012916131 - Common Stock - Currency: NOK
Overall TECH gets a technical rating of 4 out of 10. Although TECH is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month TECH has a been trading in the 11.40 - 14.05 range, which is quite wide. It is currently trading near the lows of this range.
Warning: TECH has an average volume of 28638 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, TECH did better than 82% of all other stocks. On top of that, TECH also shows a nice and consistent pattern of rising prices.
TECH is one of the better performing stocks in the Technology Hardware, Storage & Peripherals industry, it outperforms 74% of 28 stocks in the same industry.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
TECH 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.
TECH has an average technical rating and also the quality of the setup is only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
10.89
14.90
When analyzing the support we can see 3 important areas.
- Support @12.19 from a horizontal line in the weekly time frame.
- Support @11.68 from a trend line in the daily time frame.
- Support @11.00 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 12.27 to 12.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 13.96 to 14.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.46 from a trend line in the weekly time frame.
- Resistance @14.75 from a horizontal 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
CRS82.57
Mansfield0.16
10 Day High13
10 Day Low11.4
20 Day High14.05
20 Day Low11.4
52 Week High15
52 Week Low8
Performance
1 Week-2.01%
2 Weeks-7.22%
1 Month-12.54%
3 Month2.52%
6 Month4.27%
12 Month42.37%
2 Year803.7%
3 Year281.25%
5 Year454.55%
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)-0.13
RSI(14)39.82
LBB11.46
UBB13.93
OSL:TECH (3/7/2025, 7:00:00 PM)
12.2
+0.4 (+3.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg3.39%
1 Week-2.01%
2 Weeks-7.22%
1 Month-12.54%
3 Month2.52%
6 Month4.27%
12 Month42.37%
2 Year803.7%
3 Year281.25%
5 Year454.55%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.69
ATR(20)%5.29%
ATR Inc-25.93%
Range Today0.55
ADR(20)0.57
ADR(20)%4.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.57
Mansfield0.16
10 Day High13
10 Day Low11.4
20 Day High14.05
20 Day Low11.4
52 Week High15
52 Week Low8
CS1 End12.19
CR1 Start12.27
Volume & EV
DER(3)-4.24%
DER(5)-2.54%
Volume13.38K
Volume Incr4.5%
Vol(5)31.06K
Vol(50)28.64K