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Norsk Hydro ASA

NHYDY•PNK
Basic Materials
Aluminum
$11.47
$-0.27(-2.30%)
U.S. Market opens in 8h 19m

Norsk Hydro ASA (NHYDY) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Norsk Hydro ASA (PNK:NHYDY).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

NHYDY Technical Analysis Summary

Norsk Hydro ASA stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 55.08)
Trend Strength:Weak (ADX: 17.90)
Volatility:Medium (ATR: 0.36)
Support/Resistance:$10.98 – $11.79 (Bollinger Bands)

Overall, Norsk Hydro ASA remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 55.08

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 68.16

Bullish
Buying momentum building without extremes.

Williams %R: -35.71

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 2.10

Bullish
Steady upward momentum.

Takeaway:Norsk Hydro ASA shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.26

Bullish
Bullish, trend momentum is strengthening.

ADX: 17.90

Weak
Weak trend, market trading sideways.

ATR (14): 0.36

Low
Low volatility, stable price action.

CCI (14): 39.98

Bullish
Bullish, momentum building upward.

Takeaway:Norsk Hydro ASA shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$11.79
Middle Band (SMA 20)
$11.38
Lower Band
$10.98
Current Position
Within Bands

Takeaway:Norsk Hydro ASA trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$12.02
Middle Line (EMA 20)
$11.30
Lower Channel
$10.58
Squeeze Status
Squeeze On

Takeaway:Norsk Hydro ASA trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume2.40M
Money Flow Index70.59Bullish, inflows support continued momentum.
Relative Vigor Index45.30Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:NHYDY shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Norsk Hydro ASA, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Norsk Hydro ASA are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ