EIDESVIK OFFSHORE ASA (EIOF.OL) Stock Technical Analysis
OSL:EIOF - Euronext Oslo - NO0010263023 - Common Stock - Currency: NOK
We assign a technical rating of 0 out of 10 to EIOF. EIOF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
85% of all other stocks performed better in the past year than EIOF.
EIOF is part of the Energy Equipment & Services industry. There are 35 other stocks in this industry, of which 67% are performing better than EIOF.
EIOF is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month EIOF has a been trading in the 10.05 - 12.26 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Although the technical rating is bad, EIOF does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 11.54. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.99, a Stop Loss order could be placed below this zone.
More info and screens
10.65
14.52
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.99 to 10.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.76 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 11.54 to 11.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 11.91 to 12.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.32 from a horizontal line in the daily time frame.
- Resistance @14.38 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
CRS15.48
Mansfield-2
10 Day High12.25
10 Day Low11
20 Day High12.26
20 Day Low10.05
52 Week High19.5
52 Week Low10.05
Performance
1 Week2.22%
2 Weeks-2.13%
1 Month-5.43%
3 Month-14.81%
6 Month-15.94%
12 Month-25.13%
2 Year-11.13%
3 Year75.84%
5 Year224.86%
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)47.19
LBB10.86
UBB12.1
OSL:EIOF (4/25/2025, 7:00:00 PM)
11.5
+0.2 (+1.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg1.77%
1 Week2.22%
2 Weeks-2.13%
1 Month-5.43%
3 Month-14.81%
6 Month-15.94%
12 Month-25.13%
2 Year-11.13%
3 Year75.84%
5 Year224.86%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.73
ATR(20)%5.95%
ATR Inc-56.83%
Range Today0.4
ADR(20)0.64
ADR(20)%5.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.48
Mansfield-2
10 Day High12.25
10 Day Low11
20 Day High12.26
20 Day Low10.05
52 Week High19.5
52 Week Low10.05
CS1 End10.99
CR1 Start11.54
Volume & EV
DER(3)0%
DER(5)0%
Volume28.91K
Volume Incr24.2%
Vol(5)28.25K
Vol(50)37.79K