Logo image of TEL.OL

TELENOR ASA (TEL.OL) Stock Technical Analysis

OSL:TEL - Oslo Bors ASA - NO0010063308 - Common Stock - Currency: NOK

138.6  -0.3 (-0.22%)

Technical Rating and Analysis

8

Overall TEL gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TEL is only an average performer.

The long and short term trends are both positive. This is looking good!
TEL is part of the Diversified Telecommunication Services industry. There are 31 other stocks in this industry. TEL outperforms 76% of them.
TEL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month TEL has a been trading in the 127.10 - 139.10 range, which is quite wide. It is currently trading near the high of this range.
TEL has an average volume of 1212550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, TEL outperforms 64% of them, which is more or less in line with the market.
Weekly and Daily overview Charts
TELENOR ASA / TEL Weekly stock chart
TELENOR ASA / TEL Daily stock chart
Setup Rating and Analysis

5

TEL has an excellent technical rating, but the quality of the setup is only medium 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.

Support and Resistance Analysis

121.18

140.30

3 important support areas can be observed.

  • A support zone ranging from 130.33 to 133.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @127.33 from a trend line in the daily time frame.
  • A support zone ranging from 122.40 to 125.29. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 138.91 to 138.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.48
Mansfield0.03
10 Day High139.1
10 Day Low132.3
20 Day High139.1
20 Day Low127.1
52 Week High139.7
52 Week Low112.05
Performance
1 Week1.83%
2 Weeks3.66%
1 Month8.43%
3 Month5.79%
6 Month9.5%
12 Month21.9%
2 Year19.18%
3 Year6.48%
5 Year-7.62%
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)0.59
RSI(14)68.81
LBB130.25
UBB140.72
TELENOR ASA / TEL Daily stock chart

TELENOR ASA

OSL:TEL (2/5/2025, 11:37:26 AM)

138.6

-0.3 (-0.22%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg-0.22%
1 Week1.83%
2 Weeks3.66%
1 Month8.43%
3 Month5.79%
6 Month9.5%
12 Month21.9%
2 Year19.18%
3 Year6.48%
5 Year-7.62%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.19
ATR(20)%1.42%
ATR Inc-24.83%
Range Today0.8
ADR(20)1.84
ADR(20)%1.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.48
Mansfield0.03
10 Day High139.1
10 Day Low132.3
20 Day High139.1
20 Day Low127.1
52 Week High139.7
52 Week Low112.05
CS1 End133.32
CR1 Start138.91
Volume & EV
DER(3)-0.82%
DER(5)1.03%
Volume176.25K
Volume Incr-6.35%
Vol(5)1.07M
Vol(50)1.21M