Norsk Hydro (NHY.OL)

Close: 56.50 (+1.02), Apr 25, 2025

Positive

Medium risk

Automatic technical analysis. Long term, Apr 25, 2025

Norsk Hydro is in a rising trend channel in the long term. This signals increasing optimism among investors and indicates continued rise. The price has reacted back after a false break of the rectangle formation. A significant penetration of 54.89 will again give new negative signals to the stock, while a break of the opposite side of the formation will be a strong positive signal. The stock has marginally broken up through resistance at kroner 56.00. An established break predicts a further rise. The stock is overall assessed as technically positive for the long term.

Recommendation one to six quarters: Positive (Score: 55)

Period	Vol.bal.	Volatility	Liquidity	+/- %
1 day	-	1.56%	238.78	+1.84%
5 days	27.91	5.07%	252.09	+4.63%
22 days	-19.70	13.62%	297.00	-14.50%
66 days	-10.65	25.07%	303.98	-18.68%

More analyses of Norsk Hydro

Candlesticks

Short term: Hold

Medium term: Positive

Long term: Positive

Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.