Logo image of TGS.OL

TGS ASA (TGS.OL) Stock Technical Analysis

OSL:TGS - Oslo Bors ASA - NO0003078800 - Common Stock - Currency: NOK

111.6  -0.2 (-0.18%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to TGS. TGS has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

In the last month TGS has a been trading in the 109.70 - 126.00 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, TGS outperforms 63% of them, which is more or less in line with the market.
TGS is part of the Energy Equipment & Services industry. There are 35 other stocks in this industry, TGS did better than 58% of them.
TGS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TGS is lagging the market.
Weekly and Daily overview Charts
TGS ASA / TGS Weekly stock chart
TGS ASA / TGS Daily stock chart
Setup Rating and Analysis

3

TGS has an average technical rating and it also does not offer a high 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.

Support and Resistance Analysis

94.79

138.37

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.

We can see 3 important resistance areas.

  • A resistance zone ranging from 121.05 to 125.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @127.18 from a trend line in the weekly time frame.
  • Resistance @137.00 from a horizontal line in the daily time frame.
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
CRS63.5
Mansfield-1.2
10 Day High124.2
10 Day Low109.7
20 Day High126
20 Day Low109.7
52 Week High140.6
52 Week Low93.25
Performance
1 Week-2.78%
2 Weeks-9.47%
1 Month-5.65%
3 Month10.26%
6 Month-8.44%
12 Month16.46%
2 Year-40.44%
3 Year13.62%
5 Year-47.66%
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)-1.37
RSI(14)37.47
LBB109.73
UBB126.5
TGS ASA / TGS Daily stock chart

TGS ASA

OSL:TGS (2/5/2025, 11:43:43 AM)

111.6

-0.2 (-0.18%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.18%
1 Week-2.78%
2 Weeks-9.47%
1 Month-5.65%
3 Month10.26%
6 Month-8.44%
12 Month16.46%
2 Year-40.44%
3 Year13.62%
5 Year-47.66%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.16
ATR(20)%2.75%
ATR Inc8.08%
Range Today1.8
ADR(20)2.97
ADR(20)%2.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.5
Mansfield-1.2
10 Day High124.2
10 Day Low109.7
20 Day High126
20 Day Low109.7
52 Week High140.6
52 Week Low93.25
CS1 End96
CR1 Start121.05
Volume & EV
DER(3)-2.84%
DER(5)-1.35%
Volume58.69K
Volume Incr-5.78%
Vol(5)388.99K
Vol(50)383.77K