
Technical analysis of Scatec ASA (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
Scatec ASA is a Norwegian company that develops, builds, owns, and operates renewable energy plants, including solar, wind, and hydroelectric facilities, as well as energy storage solutions and hybrid systems. The company operates through two main segments: power production and development with construction activities, with operations in several countries including South Africa, Egypt, Malaysia, Pakistan, and Vietnam.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for September 2, 2026, computed on the last 12 months of prices.
21 sessions
96.69
+3.17%
50 sessions
95.98
+3.92%
200 sessions
107.42
−7.14%
s2
95.43
Support
s1
96.47
Support
pivot
97.33
Pivot
r1
98.37
Resistance
r2
99.23
Resistance
In the September 2, 2026 session Scatec ASA closed higher at 99.75 , +2.31% versus the previous session.
The price sits mixed against its moving averages: +3.17% against the 21-session average, +3.92% against the 50 and −7.14% against the 200.
The 14-period RSI reads 58.7, in neutral territory.
MACD stands at 0.638 against a signal line at 0.396: the histogram is positive (+0.242).
ADX reads 21.2, indicating weak directionality.
Levels computed on the latest session place supports at 96.47 and 95.43 and resistances at 98.37 and 99.23 , around a pivot of 97.33.
The average daily range (ATR) is 2.305 , or 2.31% of price.
Turnover was 340.8K shares, 81% of the 20-session average.
Over the last twelve months the price ranged between 90.50 and 137.60 , and today stands −27.51% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
Score, Elliott Waves, moving averages and technical indicators — free, no card
If you're not registered we'll ask you to sign in (free), then open the SCATC.OL analysis.
Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is Scatec ASA analysed technically?
Technical analysis of Scatec ASA is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Scatec ASA?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Scatec ASA?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Scatec ASA it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
Are you an issuer and want a correction or removal? Write to info@montbon.com.