TOMRA SYSTEMS ASA (TOM.OL) Stock Technical Analysis
OSL:TOM - Euronext Oslo - NO0012470089 - Common Stock - Currency: NOK
Taking everything into account, TOM scores 2 out of 10 in our technical rating. TOM 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.
Although the technical rating is bad, TOM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 154.71. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 143.71, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TOM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
139.88
When analyzing the support we notice one important area.
- A support zone ranging from 141.29 to 143.71. 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 154.71 to 156.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
OSL:TOM (4/25/2025, 7:00:00 PM)
154.7
+4.2 (+2.79%)