OTELN (OSE)

OTELN OSE

OBX TELECOMMUNICATIONS NR

STAY LONG

123.81

Prev.Close

123.89

Change

-0.0800

Change%

-0.06%

BEARISH THREE GAP UPS

Bought at

120.11

Open

123.92

High

124.06

Low

123.20

123.81

Gain%

+3.08%

Signal History

Date	Price	Signal	Change%		NOK100⇨
20.11	120.11	BUY	+3.1%	✔	101
27.10	137.06	SELL	-12.4%	✔	101
10.10	136.04	BUY	+0.7%	✔	100
08.10	134.50	SHORT	+1.1%	❌	102
01.10	136.29	BUY	-1.3%	❌	104
17.09	137.25	SELL	-0.7%	✔	104
11.09	138.62	BUY	-1.0%	❌	105
08.09	136.97	SHORT	+1.2%	❌	107
13.08	132.38	BUY	+3.5%	✔	103
07.08	132.23	SELL	+0.1%	❌	103
19.06	125.14	BUY	+5.7%	✔	98
16.06	124.41	SHORT	+0.6%	❌	99
12.06	125.62	BUY	-1.0%	❌	100
10.06	126.39	SHORT	-0.6%	✔	100

† Trade commissions are taken as 0.15%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to STAY LONG. The previous BUY signal was issued on 20.11.2025, 7 days ago, when the index value was 120.11. Since then, OTELN has risen by +3.08%.

Market Outlook

The market is currently exhibiting uncertainty with a negative bias. There seems to be a lack of consensus among traders. The negative sentiment, however, is increasing, as evident from the latest bearish pattern. Therefore, it's wise to stay vigilant. The share price is still not below the confirmation level and the signal is suggesting to STAY LONG, but the chance of a bearish confirmation that will change the signal to <SELL is quite high. The Delayed Intraday Module is ON. We highly recommend closely monitoring intraday price movements due to the potential downside risks involved.

Pattern Description

This is a four-day bearish reversal pattern. It consists of three consecutive days, each opening with a gap up. After Three Gap Ups, the market becomes significantly overbought, signaling a potential reversal of the current uptrend. more...

Date	Price	Signal	Change%		NOK100⇨
20.11	120.11	BUY	+3.1%	✔	151
27.10	137.06	SELL	-12.4%	✔	151
10.10	136.04	BUY	+0.7%	✔	150
08.10	134.50	SHORT	+1.1%	❌	152
01.10	136.29	BUY	-1.3%	❌	155
17.09	137.25	SELL	-0.7%	✔	155
11.09	138.62	BUY	-1.0%	❌	157
08.09	136.97	SHORT	+1.2%	❌	159
13.08	132.38	BUY	+3.5%	✔	154
07.08	132.23	SELL	+0.1%	❌	154
19.06	125.14	BUY	+5.7%	✔	146
16.06	124.41	SHORT	+0.6%	❌	148
12.06	125.62	BUY	-1.0%	❌	150
10.06	126.39	SHORT	-0.6%	✔	149
15.05	120.00	BUY	+5.3%	✔	142
09.05	122.95	SELL	-2.4%	✔	142
28.04	119.59	BUY	+2.8%	✔	139
23.04	119.34	SELL	+0.2%	❌	139
11.04	113.81	BUY	+4.9%	✔	132
04.04	118.83	SHORT	-4.2%	✔	128
28.03	119.59	BUY	-0.6%	❌	129
25.03	118.29	SELL	+1.1%	❌	129
14.03	118.25	BUY	0.0%	✔	129
12.03	116.49	SELL	+1.5%	❌	129
10.03	116.67	BUY	-0.2%	❌	130
05.03	115.11	SELL	+1.4%	❌	130
12.02	111.72	BUY	+3.0%	✔	126
10.02	111.59	SELL	+0.1%	❌	126
06.02	111.48	BUY	+0.1%	✔	126
03.02	110.57	SELL	+0.8%	❌	127
27.01	108.13	BUY	+2.3%	✔	124
22.01	106.78	SELL	+1.3%	❌	124
15.01	103.34	BUY	+3.3%	✔	120
07.01	103.31	SELL	0.0%	❌	121
02.01	103.01	BUY	+0.3%	✔	120
11.12	101.68	SHORT	+1.3%	❌	122
06.12	102.72	BUY	-1.0%	❌	124
29.11	104.06	SHORT	-1.3%	✔	123
12.11	105.73	BUY	-1.6%	❌	125
05.11	109.05	SELL	-3.0%	✔	125