Technical Analysis for 0FIN - Orkla ASA

Grade Last Price % Change Price Change
B 79.28 -3.84% -3.17
0FIN closed down 3.84 percent on Friday, June 2, 2023, on 0 percent of normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Down

Date Alert Name Type % Chg
Golden Cross Bullish 0.00%
Slingshot Bullish Bullish Swing Setup 0.00%
Cup with Handle Other 0.00%
Multiple of Ten Bearish Other 0.00%
Overbought Stochastic Strength 0.00%
Gapped Down Weakness 0.00%
Reversal New Highs Setup Bullish Swing Setup -3.84%
Doji - Bearish? Reversal -3.84%
Gapped Up Strength -3.84%
Overbought Stochastic Strength -3.84%

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Orkla ASA Description

Orkla ASA engages in branded consumer goods, and industrial and financial investment businesses. The company offers branded products, including frozen pizza, ketchup, soups, sauces, bread toppings, and ready-to-eat meals through grocery channels, as well as food service, convenience stores, and petrol stations. It also provides confectionery, biscuit, and snack products; and develops bran and crispbread products, as well as energy snack meals. In addition, the company offers personal care and cleaning products; dietary supplement, sport nutrition, and weight control products; wound care products and first aid equipment; painting tools; basic and wool garments for men, women, and children; and professional cleaning products. Further, it operates Gymgrossisten, Proteinfabrikken, Bodystore, and Fitnessmarket e-commerce portals for health and sports nutrition products; and restaurants. Additionally, the company supplies margarine and butter blends, bread and cake improvers and mixes, yeast, marzipan, and ice cream ingredients; produces and supplies hydro power to the Nordic power market; and develops and sells real estate properties. It offers its food products under the Grandiosa, TORO, Stabburet, Felix, Paulúns, NATURLI', Abba, Beauvais, Den Gamle Fabrik, Spilva, and Vitana brands; confectionery and snacks under the KiMs, Nidar, Stratos, Sætre, Göteborgs Kex, OLW, Panda, Laima, Selga, Taffel, Kalev, and Nói Síríus brands; health and sports nutrition under e Zalo, Jif, Bliw, Grumme, Blenda, Define, Möller's, Collett, Nutrilett, Maxim, Norgesplaster, and Salvequick brands; and food ingredients under the Odense, Mors Hjemmebakte, KronJäst, Bakkedal, and NATURLI brands. It has operations in Norway, Sweden, Denmark, Finland, Iceland, the Baltics, rest of Europe, and internationally. The company was founded in 1918 and is headquartered in Oslo, Norway.


Keywords: Food And Drink Food Products Real Estate Properties Food Service Economy Of Norway Nutrition Products Food Ingredients Snack Products

Is 0FIN a Buy, Sell or Hold?

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


Indicator Value
52 Week High 85.16
52 Week Low 67.08
Average Volume 2,170,151
200-Day Moving Average 75.02
50-Day Moving Average 75.16
20-Day Moving Average 78.40
10-Day Moving Average 81.22
Average True Range 1.13
RSI (14) 56.14
ADX 36.5
+DI 36.30
-DI 23.86
Chandelier Exit (Long, 3 ATRs) 79.05
Chandelier Exit (Short, 3 ATRs) 77.06
Upper Bollinger Bands 84.28
Lower Bollinger Band 72.52
Percent B (%b) 0.58
BandWidth 15.00
MACD Line 1.90
MACD Signal Line 1.83
MACD Histogram 0.0726
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 80.66
Resistance 3 (R3) 80.81 80.51 80.43
Resistance 2 (R2) 80.51 80.16 80.43 80.35
Resistance 1 (R1) 79.89 79.94 79.74 79.74 80.28
Pivot Point 79.59 79.59 79.51 79.51 79.59
Support 1 (S1) 78.97 79.24 78.82 78.82 78.28
Support 2 (S2) 78.67 79.02 78.59 78.21
Support 3 (S3) 78.05 78.67 78.13
Support 4 (S4) 77.90