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TELENOR ASA (TEL.OL) Stock Technical Analysis

Europe - Euronext Oslo - OSL:TEL - NO0010063308 - Common Stock

145.4 NOK
+0.3 (+0.21%)
Last: 12/17/2025, 7:00:00 PM
Technical Rating and Analysis

2

Overall TEL gets a technical rating of 2 out of 10. TEL 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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
TEL 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.
TEL has an average volume of 1221230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, TEL turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
TEL is an average performer in the Diversified Telecommunication Services industry, it outperforms 53% of 33 stocks in the same industry.
TEL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TEL is lagging the market.
In the last month TEL has a been trading in a tight range between 141.90 and 147.40.
Weekly and Daily overview Charts
TELENOR ASA / TEL Weekly stock chart
TELENOR ASA / TEL Daily stock chart
Setup Rating and Analysis

8

TEL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 145.06, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

136.32

170.29

We found 3 important support areas.

  • A support zone ranging from 144.09 to 145.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 140.65 to 141.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @137.70 from a horizontal line in the daily time frame.

4 important resistance areas can be observed.

  • Resistance @145.41 from a horizontal line in the daily time frame.
  • Resistance @156.70 from a horizontal line in the daily time frame.
  • Resistance @162.80 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 166.31 to 168.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for TEL.OL is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for TEL.OL is down.
ChartMill Relative Strength40.81NEUTRALTEL.OL is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of TEL.OL is above the rising SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of TEL.OL is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of TEL.OL is below a declining SMA(200).
Relative Strength Index/RSI (14)44.31NEUTRALThe RSI value for TEL.OL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.58POSITIVEThe MACD value suggests TEL.OL has a positive trend.
Stochastics (14,3)56.4NEUTRALThe Stochastics value for TEL.OL is a neutral value.
Average True Range in percent/ATR (20)1.1LOW VOLATILITYThe low ATR as a percentage value for TEL.OL suggests low volalility.
Average Directional Index/ADX (14)29.91POSITIVEThe high ADX value value for TEL.OL suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
TELENOR ASA / TEL Daily stock chart

TELENOR ASA

OSL:TEL (12/17/2025, 7:00:00 PM)

145.4

+0.3 (+0.21%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustryDiversified Telecommunication Services
Performance
% Chg0.21%
1 Week1.54%
2 Weeks1.04%
1 Month2.76%
3 Month-12.41%
6 Month-5.4%
12 Month16.04%
2 Year24.7%
3 Year58.73%
5 Year-0.34%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.53
ATR(20)%1.1%
ATR Inc-6.22%
Range Today1.3
ADR(20)1.56
ADR(20)%1.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.81
3 months CRS12.86
6 months CRS22.34
Mansfield-1.21
10 Day High146
10 Day Low142.8
20 Day High147.4
20 Day Low141.9
52 Week High171.2
52 Week Low124.5
CS1 End145.06
CR1 Start145.41
Volume & EV
DER(3)2.49%
DER(5)2.66%
Volume1.27M
Volume Incr-0.17%
Vol(5)1.17M
Vol(50)1.22M

TELENOR ASA / TEL.OL FAQ

Can you provide the ChartMill technical rating for TELENOR ASA?

ChartMill assigns a technical rating of 2 / 10 to TEL.OL.


What is the current trend direction of TELENOR ASA (TEL.OL) stock?

The current trend direction for TELENOR ASA (TEL.OL) is Bearish.


Can you provide the RSI signal for TELENOR ASA?

TELENOR ASA (TEL.OL) has an RSI value of 44.3096. This indicates that the stock is currently neutral.


What is the MACD signal for TEL stock?

The MACD indicator for TELENOR ASA (TEL.OL) has a value of 0.578213, indicating a bearish trend.


What is the support and resistance level for TEL stock?

TELENOR ASA (TEL.OL) has a support level at 145.06 and a resistance level at 145.41. Check the full technical report for our detailed analysis of TEL.OL support and resistance levels.