TELENOR ASA (TEL.OL) Stock Technical Analysis
OSL:TEL - Euronext Oslo - NO0010063308 - Common Stock - Currency: NOK
Overall TEL gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TEL is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that TEL is one of the better performing stocks in the market, outperforming 81% of all stocks. We also observe that the gains produced by TEL over the past year are nicely spread over this period.
TEL is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month TEL has a been trading in the 137.50 - 147.50 range, which is quite wide. It is currently trading near the high of this range.
TEL has an average volume of 1277980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TEL is part of the Diversified Telecommunication Services industry. There are 29 other stocks in this industry, TEL did better than 64% of them.
Although TEL has an excellent technical rating, it does not present a decent entry opportunity 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
121.18
148.28
We found 5 important support areas.
- A support zone ranging from 142.22 to 145.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @131.10 from a horizontal line in the daily time frame.
- Support @128.57 from a trend line in the daily time frame.
- A support zone ranging from 125.20 to 125.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @122.40 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 146.01 to 146.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.19
Mansfield0.97
10 Day High147.5
10 Day Low141.4
20 Day High147.5
20 Day Low137.5
52 Week High147.5
52 Week Low112.05
Performance
1 Week0.24%
2 Weeks3.4%
1 Month4.43%
3 Month13.18%
6 Month8.23%
12 Month28.98%
2 Year18.99%
3 Year15.19%
5 Year-3.88%
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)-0.03
RSI(14)66.82
LBB138.44
UBB148.66
OSL:TEL (3/7/2025, 7:00:00 PM)
146
+2.3 (+1.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg1.6%
1 Week0.24%
2 Weeks3.4%
1 Month4.43%
3 Month13.18%
6 Month8.23%
12 Month28.98%
2 Year18.99%
3 Year15.19%
5 Year-3.88%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.16
ATR(20)%1.43%
ATR Inc61.15%
Range Today2.5
ADR(20)2.02
ADR(20)%1.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.19
Mansfield0.97
10 Day High147.5
10 Day Low141.4
20 Day High147.5
20 Day Low137.5
52 Week High147.5
52 Week Low112.05
CS1 End145
CR1 Start146.01
Volume & EV
DER(3)-2.29%
DER(5)-0.28%
Volume1.91M
Volume Incr20.34%
Vol(5)1.69M
Vol(50)1.28M