NORW Global X MSCI Norway ETF Forecast, Technical & Fundamental Analysis

NORW's RSI Oscillator driving into overbought territory

The RSI Oscillator for NORW moved into overbought territory on February 03, 2026. Be on the watch for a price drop or consolidation in the future -- when this happens, think about selling the stock or exploring put options.

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 15 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where NORW declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

NORW broke above its upper Bollinger Band on January 27, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NORW advanced for three days, in of 336 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 256 cases where NORW Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .