Logo image of WSTEP.OL

WEBSTEP ASA (WSTEP.OL) Stock Technical Analysis

OSL:WSTEP - Euronext Oslo - NO0010609662 - Common Stock - Currency: NOK

24.2  -1.2 (-4.72%)

Technical Rating and Analysis

8

Taking everything into account, WSTEP scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

Warning: WSTEP has an average volume of 9177 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that WSTEP is one of the better performing stocks in the market, outperforming 76% of all stocks. We also observe that the gains produced by WSTEP over the past year are nicely spread over this period.
WSTEP is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so WSTEP slightly outperforms the market at the moment.
WSTEP is an average performer in the IT Services industry, it outperforms 67% of 65 stocks in the same industry.
In the last month WSTEP has a been trading in the 22.40 - 26.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
WEBSTEP ASA / WSTEP Weekly stock chart
WEBSTEP ASA / WSTEP Daily stock chart
Setup Rating and Analysis

5

WSTEP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.

Support and Resistance Analysis

21.19

25.65

5 important support areas can be observed.

  • A support zone ranging from 23.97 to 24.04. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
  • A support zone ranging from 22.78 to 23.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @22.40 from a horizontal line in the daily time frame.
  • A support zone ranging from 22.00 to 22.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 21.40 to 21.60. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 24.21 to 24.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 25.00 to 25.40. 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
CRS76.84
Mansfield0.67
10 Day High26.6
10 Day Low22.8
20 Day High26.6
20 Day Low22.4
52 Week High26.6
52 Week Low20
Performance
1 Week-1.63%
2 Weeks-1.63%
1 Month-2.42%
3 Month8.52%
6 Month4.76%
12 Month16.35%
2 Year-21.94%
3 Year-19.6%
5 Year36.72%
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)0.02
RSI(14)48.01
LBB23.04
UBB25.83
WEBSTEP ASA / WSTEP Daily stock chart

WEBSTEP ASA

OSL:WSTEP (4/25/2025, 7:00:00 PM)

24.2

-1.2 (-4.72%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-4.72%
1 Week-1.63%
2 Weeks-1.63%
1 Month-2.42%
3 Month8.52%
6 Month4.76%
12 Month16.35%
2 Year-21.94%
3 Year-19.6%
5 Year36.72%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.22
ATR(20)%4.67%
ATR Inc-19.08%
Range Today1.4
ADR(20)1.04
ADR(20)%4.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.84
Mansfield0.67
10 Day High26.6
10 Day Low22.8
20 Day High26.6
20 Day Low22.4
52 Week High26.6
52 Week Low20
CS1 End24.04
CR1 Start24.21
Volume & EV
DER(3)0.34%
DER(5)0.21%
Volume4.09K
Volume Incr-49.03%
Vol(5)4.52K
Vol(50)9.18K