In this week’s Analysis – a Tech Company with roots back to 2007!

2025-04-02 Catrin Abrahamsson Updates, Uncategorized, Vikingen

Aksjeanalyser.com looks at a Tech Company from Norway!

Aksjeanalyser.com takes a closer look at Desert Control in this week’s Analysis!

(ticker on Euronext Growth Oslo: DSRT)

The stock has triggered several positive technical signals recently, and there has been positive news from the company. The stock may have significant potential both in the short and long term, according to Aksjeanalyser.com’s current assessment of the company and the stock.

Read more about the stock below in this week’s Analysis from Vikingen Financial Software and Aksjeanalyser.com.

Desert Control dates back to 2007!

The company has developed a patented non-intrusive process to reverse desertification, rehabilitate degraded soil and reduce water and fertilizer consumption. The product, based on years of research and development, is called Liquid Natural Clay (LNC) and is proven and validated by independent third-party organizations to reduce water use by up to 50% and increase crop yields.

LNC reduces water consumption
Patented technology improves soil
Up to 50% water savings

For more information about the company, visit their website here.

Technical Analysis of Desert Control

(ticker on Euronext Growth Oslo: DSRT)

The Desert Control share has shown a very weak development since its peak at the turn of the year 2021/2022, when the share was highest around NOK 40.00 (see weekly chart below).

However, it now appears that the stock has established a bottom around NOK 5.00, which has triggered several positive technical signals for the stock recently. The share has received a strong boost in recent weeks, breaking above both the 50-day and 200-day moving averages.

Furthermore, the share has broken above an important and significant technical resistance level around NOK 6.00.

There will now be good technical support for the share down towards the NOK 6.00 level in the event of downward corrections. Aksjeanalyser.com believes the share can now be a good buy in the area around NOK 6.00 – 6.70 (at the time of writing Wednesday morning 02/04-2025 the share is around NOK 6.55).

Various momentum indicators such as RSI, Stochastics and MACD indicate an overbought situation for the share in the very short term, and it would therefore not be entirely unnatural if there were to be a small downward correction, and perhaps a test of the now significant and important technical support level around NOK 6.00. However, it should be emphasized that such momentum indicators can sometimes show an overbought situation for a share over a period of time, while the share continues to rise. So one strategy is to buy little by little over a few days.

The BEST model also gives a green light for Desert Control!

Aksjeanalyser.com believes that Desert Control is a very interesting and exciting buy candidate now between NOK 6.00 and 7.00, and sees a potential for the stock to initially reach up to NOK 12.00 in the next 3-6 months. The stock is also breaking upwards from a very large falling wedge formation (see daily chart above), triggering a strong technical buy signal.

On the upside, there is now technical resistance around NOK 7.00, NOK 8.00 and NOK 10.00, but based on the overall very positive technical signals that have now been triggered for the stock, a rise up to the next important technical resistance level around NOK 12.00 seems likely on a 3-6 month horizon.

The BEST model in Vikingen is also in a buy signal for the stock. This popular and effective technical analysis model was developed by Peter Östevik. He finalized the the BEST model around 2019, and after 30 years of experience in technical analysis and Vikingen Financial Software.

What could possibly change the currently positive technical picture that the Desert Control (DSRT) share shows, would be if it were to get an established break down again below the now important and significant technical support level around NOK 6.00.

Some recent news about the company, Desert Control (DSRT)

Desert Control AS: Desert Control Solution Approved for Major Water Conservation Incentive Programs in California, 31 March 06:30 ∙ Cision

Los Angeles, California, 31 March 2025 – Desert Control (DSRT) has received confirmation that its water conservation solution qualifies for incentive programs administered by the Metropolitan Water District of Southern California (MWD) and the Los Angeles Department of Water and Power (LADWP). Source.

Desert Control AS: Desert Control Expands Strategic Golf Course Pilot for Water Conservation with PGA WEST

March 27 07:04 ∙ Cision

La Quinta, California, 27 March 2025 – Desert Control (DSRT) is advancing to the next phase of its structured golf course pilot program with PGA WEST: “This expansion reflects the tangible value our solution brings to clients managing large, water-intensive landscapes,” said Managing Director of Desert Control Americas, Marty Weems. “PGA WEST’s decision to scale up this program is a strong signal of confidence and aligns directly with our strategy to convert pilot success into commercial deployment across entire golf properties. Our team is energized by the enthusiasm with which users are talking about what they observe from the impact of LNC.” Source.

Analyst Group Analyst Group interviews Desert Control’s CEO Ole Kristian Sivertsen February 19, 09:43. In the interview, Ole Kristian talks about where the company stands today, the strategy going forward and why the company is a good investment. Read the interview here. Source.