VAR ENERGI ASA (VAR.OL) Stock Technical Analysis
OSL:VAR - Euronext Oslo - NO0011202772 - Common Stock - Currency: NOK
Taking everything into account, VAR scores 0 out of 10 in our technical rating. VAR'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, VAR is a bad performer in the overall market: 82% of all stocks are doing better.
VAR is currently trading near the lower end of its 52 week range, which is not a good sign. VAR is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month VAR has a been trading in the 29.32 - 37.68 range, which is quite wide. It is currently trading near the lows of this range.
VAR has an average volume of 5216850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
VAR is part of the Oil, Gas & Consumable Fuels industry. There are 63 other stocks in this industry, VAR did better than 40% of them.
Volume is considerably higher in the last couple of days.
The technical rating of VAR 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
30.25
39.67
We can see 3 important resistance areas.
- A resistance zone ranging from 34.21 to 35.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @38.60 from a horizontal line in the daily time frame.
- Resistance @39.28 from a horizontal 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
CRS18.44
Mansfield-1.61
10 Day High33.65
10 Day Low29.32
20 Day High37.68
20 Day Low29.32
52 Week High39.49
52 Week Low29.32
Performance
1 Week-3.79%
2 Weeks-8.78%
1 Month-10.83%
3 Month-12.03%
6 Month-8.69%
12 Month-11.27%
2 Year19.75%
3 Year-17.18%
5 YearN/A
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)-0.24
RSI(14)33.42
LBB29.1
UBB34.71
OSL:VAR (3/7/2025, 7:00:00 PM)
30.56
+0.87 (+2.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.93%
1 Week-3.79%
2 Weeks-8.78%
1 Month-10.83%
3 Month-12.03%
6 Month-8.69%
12 Month-11.27%
2 Year19.75%
3 Year-17.18%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.92
ATR(20)%3.62%
ATR Inc-5.29%
Range Today1.02
ADR(20)0.93
ADR(20)%3.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.44
Mansfield-1.61
10 Day High33.65
10 Day Low29.32
20 Day High37.68
20 Day Low29.32
52 Week High39.49
52 Week Low29.32
CS1 EndN/A
CR1 Start34.21
Volume & EV
DER(3)4.96%
DER(5)3.34%
Volume6.59M
Volume Incr37.96%
Vol(5)7.06M
Vol(50)5.22M