Telenor ASA technical analysis
Technical analysis of Telenor ASA (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
What is Telenor ASA
Telenor ASA is a telecommunications company founded in 1855 and headquartered in Norway that operates worldwide. The company provides mobile and broadband services, IoT solutions, wholesale services, cloud services, and related hardware to both private and business customers through its Nordics, Asia, Infrastructure, and Amp operating segments.
Description generated automatically from public sources; it may be inaccurate or out of date.
Telenor ASA: latest session data
Closing values for October 15, 2026, computed on the last 12 months of prices.
Moving averages
21 sessions
122.97
+2.55%
50 sessions
126.83
−0.58%
200 sessions
141.62
−10.96%
Session levels
s2
115.08
Support
s1
117.65
Support
pivot
119.03
Pivot
r1
121.59
Resistance
r2
122.97
Resistance
How to read it
In the October 15, 2026 session Telenor ASA closed higher at 126.10 , +4.90% versus the previous session.
The price sits mixed against its moving averages: +2.55% against the 21-session average, −0.58% against the 50 and −10.96% against the 200.
The 14-period RSI reads 56.0, in neutral territory.
MACD stands at -1.666 against a signal line at -2.000: the histogram is positive (+0.335).
ADX reads 40.0, indicating a marked directionality.
Levels computed on the latest session place supports at 117.65 and 115.08 and resistances at 121.59 and 122.97 , around a pivot of 119.03.
The average daily range (ATR) is 2.464 , or 1.95% of price.
Turnover was 2M shares, 112% of the 20-session average.
Over the last twelve months the price ranged between 116.46 and 153.50 , and today stands −17.85% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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How Montbon’s technical analysis works
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.
FAQ about Telenor ASA
How is Telenor ASA analysed technically?
Technical analysis of Telenor 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 Telenor 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 Telenor ASA?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Telenor ASA it helps frame the technical structure of the historical chart and is not a forecast.
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