Technical Analysis for 0FGH - Norwegian Air Shuttle ASA

Grade Last Price % Change Price Change
A 12.97 -1.89% -0.25
0FGH closed down 1.89 percent on Friday, June 2, 2023, on 4 percent of normal volume. It was able to find support at its 50 day moving average. It was able to bounce off of its 200 day moving average, an important long-term support line. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Stochastic Sell Signal Bearish 0.00%
1,2,3 Retracement Bearish Bearish Swing Setup 0.00%
20 DMA Support Bullish 0.00%
200 DMA Support Bullish 0.00%
50 DMA Support Bullish 0.00%
Hammer Candlestick Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
Jack-in-the-Box Bullish Bullish Swing Setup 0.00%
Doji - Bullish? Reversal 0.00%
Multiple of Ten Bullish Other 0.00%

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Profile

Norwegian Air Shuttle ASA, together with its subsidiaries, provides air travel services in Norway and internationally. It operates short haul point to point domestic and cross border flights services. It is also involved in aircraft financing, leasing, and ownership activities; and cargo activities. It operates a fleet of 70 aircrafts. Norwegian Air Shuttle ASA was founded in 1993 and is headquartered in Fornebu, Norway.
Classification

Keywords: Airlines European Low Fares Airline Association Counties Of Norway Low Cost Carriers Norwegian Air Shuttle

Is 0FGH a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 13.215
52 Week Low 0.8098
Average Volume 285,225
200-Day Moving Average 9.31
50-Day Moving Average 10.98
20-Day Moving Average 12.05
10-Day Moving Average 12.80
Average True Range 8.90
RSI (14) 73.19
ADX 34.03
+DI 1.45
-DI 2.21
Chandelier Exit (Long, 3 ATRs) -13.48
Chandelier Exit (Short, 3 ATRs) 27.51
Upper Bollinger Bands 13.86
Lower Bollinger Band 10.25
Percent B (%b) 0.75
BandWidth 29.87
MACD Line 0.65
MACD Signal Line 0.58
MACD Histogram 0.0624
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 31.20
Resistance 3 (R3) 29.17 21.07 28.16
Resistance 2 (R2) 21.07 16.43 22.08 27.15
Resistance 1 (R1) 17.02 13.56 19.04 19.04 26.13
Pivot Point 8.91 8.91 9.93 9.93 8.91
Support 1 (S1) 4.86 4.27 6.89 6.89 -0.20
Support 2 (S2) -3.24 1.40 -2.23 -1.22
Support 3 (S3) -7.29 -3.24 -2.23
Support 4 (S4) -5.27