TGS ASA (TGS.OL) Stock Technical Analysis
OSL:TGS - Euronext Oslo - NO0003078800 - Common Stock - Currency: NOK
We assign a technical rating of 0 out of 10 to TGS. TGS'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, TGS is a bad performer in the overall market: 78% of all stocks are doing better.
TGS 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.
In the last month TGS has a been trading in the 99.15 - 116.20 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
TGS is an average performer in the Energy Equipment & Services industry, it outperforms 47% of 35 stocks in the same industry.
The technical rating of TGS is bad and it also does not present a quality setup 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
94.79
126.95
We found 1 important support area.
- A support zone ranging from 95.75 to 96.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 108.80 to 110.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 113.60 to 114.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @118.71 from a trend line in the weekly time frame.
- Resistance @120.96 from a trend line in the daily time frame.
- Resistance @125.69 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.77
Mansfield-1.72
10 Day High115.5
10 Day Low99.15
20 Day High116.2
20 Day Low99.15
52 Week High140.6
52 Week Low93.25
Performance
1 Week-7.85%
2 Weeks-11.52%
1 Month-9.85%
3 Month-9.27%
6 Month-8.19%
12 Month-6.29%
2 Year-46.8%
3 Year-24.16%
5 Year-14.55%
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)-1.14
RSI(14)31.9
LBB98.61
UBB117
OSL:TGS (3/10/2025, 11:18:03 AM)
99.35
-0.45 (-0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.45%
1 Week-7.85%
2 Weeks-11.52%
1 Month-9.85%
3 Month-9.27%
6 Month-8.19%
12 Month-6.29%
2 Year-46.8%
3 Year-24.16%
5 Year-14.55%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.25
ATR(20)%3.76%
ATR Inc-28.7%
Range Today2.1
ADR(20)3.56
ADR(20)%3.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.77
Mansfield-1.72
10 Day High115.5
10 Day Low99.15
20 Day High116.2
20 Day Low99.15
52 Week High140.6
52 Week Low93.25
CS1 End96
CR1 Start108.8
Volume & EV
DER(3)2.25%
DER(5)0.64%
Volume234.58K
Volume Incr46.65%
Vol(5)595.95K
Vol(50)414.98K