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TREASURE ASA (TRE.OL) Stock Technical Analysis

OSL:TRE - Oslo Bors ASA - NO0010763550 - Common Stock - Currency: NOK

31.9  +1.1 (+3.57%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to TRE. Both in the recent history as in the last year, TRE has proven to be a steady performer, scoring decent points in every aspect analyzed.

Warning: TRE has an average volume of 4599 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that TRE is one of the better performing stocks in the market, outperforming 88% of all stocks. On top of that, TRE also shows a nice and consistent pattern of rising prices.
TRE is part of the Air Freight & Logistics industry. There are 13 other stocks in this industry. TRE outperforms 91% of them.
TRE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TRE is lagging the market slightly.
In the last month TRE has a been trading in the 29.00 - 32.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
TREASURE ASA / TRE Weekly stock chart
TREASURE ASA / TRE Daily stock chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, TRE also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for TRE 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.
Support and Resistance Analysis

19.45

32.83

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 29.79 to 30.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 28.20 to 28.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 27.10 to 27.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @20.69 from a trend line in the weekly time frame.
  • Support @19.65 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 32.10 to 32.50. 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
CRS88
Mansfield1.44
10 Day High32.9
10 Day Low29
20 Day High32.9
20 Day Low29
52 Week High32.9
52 Week Low19
Performance
1 Week-5.23%
2 Weeks6.21%
1 Month1.99%
3 Month12%
6 Month20.31%
12 Month48.08%
2 Year67.39%
3 Year87.23%
5 Year165.52%
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)-0.05
RSI(14)51.36
LBB29.01
UBB33.2
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
32.5129.782.73 (8.40%)11.91%
An entry @32.51. This is a Buy Stop order right above the resistance zone.An exit @29.78. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 2.73 points, which is 8.40%.When investing 11.91% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TREASURE ASA / TRE Daily stock chart

TREASURE ASA

OSL:TRE (2/5/2025, 9:35:51 AM)

31.9

+1.1 (+3.57%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAir Freight & Logistics
Performance
% Chg3.57%
1 Week-5.23%
2 Weeks6.21%
1 Month1.99%
3 Month12%
6 Month20.31%
12 Month48.08%
2 Year67.39%
3 Year87.23%
5 Year165.52%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.54
ATR(20)%4.43%
ATR Inc18.93%
Range Today2.3
ADR(20)1.33
ADR(20)%4.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88
Mansfield1.44
10 Day High32.9
10 Day Low29
20 Day High32.9
20 Day Low29
52 Week High32.9
52 Week Low19
CS1 End30.13
CR1 Start32.1
Volume & EV
DER(3)4.05%
DER(5)192.73%
Volume109
Volume Incr-57.46%
Vol(5)3.48K
Vol(50)4.60K