EAM SOLAR ASA (EAM.OL) Stock Technical Analysis
OSL:EAM - Euronext Oslo - NO0010607781 - Common Stock - Currency: NOK
Taking everything into account, EAM scores 4 out of 10 in our technical rating. Although EAM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
EAM is currently trading near the lower end of its 52 week range, which is not a good sign. EAM is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month EAM has a been trading in the 0.54 - 0.86 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
EAM is one of the better performing stocks in the Independent Power and Renewable Electricity Producers industry, it outperforms 95% of 21 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that EAM is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Considerably lower volume is observed in the last couple of days.
EAM has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.56
0.80
We found 1 important support area.
- A support zone ranging from 0.57 to 0.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- Resistance @0.62 from a trend line in the daily time frame.
- A resistance zone ranging from 0.63 to 0.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.79 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.97
Mansfield-9.31
10 Day High0.69
10 Day Low0.55
20 Day High0.86
20 Day Low0.54
52 Week High26
52 Week Low0.07
Performance
1 Week-6.15%
2 Weeks-16.67%
1 Month13.73%
3 Month705.56%
6 Month-95.5%
12 Month-90.3%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)43.57
LBB0.54
UBB0.77
OSL:EAM (4/24/2025, 3:41:04 PM)
0.58
-0.02 (-3.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-3.33%
1 Week-6.15%
2 Weeks-16.67%
1 Month13.73%
3 Month705.56%
6 Month-95.5%
12 Month-90.3%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%12.43%
ATR Inc-8.23%
Range Today0.06
ADR(20)0.05
ADR(20)%9.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.97
Mansfield-9.31
10 Day High0.69
10 Day Low0.55
20 Day High0.86
20 Day Low0.54
52 Week High26
52 Week Low0.07
CS1 End0.57
CR1 Start0.62
Volume & EV
DER(3)12.77%
DER(5)7.76%
Volume180.66K
Volume Incr-80.05%
Vol(5)53.04K
Vol(50)318.69K