NORTHERN OCEAN LTD (NOL.OL) Stock Technical Analysis
OSL:NOL - Euronext Oslo - BMG6682J1036 - Common Stock - Currency: NOK
Taking everything into account, NOL scores 0 out of 10 in our technical rating. NOL's overall performance in the market is below average. Also 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.
When comparing the yearly performance of all stocks, NOL is a bad performer in the overall market: 94% of all stocks are doing better.
NOL is part of the Energy Equipment & Services industry. There are 35 other stocks in this industry, of which 79% are performing better than NOL.
NOL is currently trading near the lower end of its 52 week range, which is not a good sign. NOL is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month NOL has a been trading in the 6.00 - 7.99 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of NOL is bad and it also does not present a quality setup 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
6.14
8.27
When analyzing the support we notice one important area.
- A support zone ranging from 6.20 to 6.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- Resistance @7.93 from a trend line in the daily time frame.
- Resistance @8.19 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
CRS6.3
Mansfield-2.11
10 Day High7.8
10 Day Low6
20 Day High7.99
20 Day Low6
52 Week High11.3
52 Week Low6
Performance
1 Week-7.73%
2 Weeks-16.45%
1 Month-19.07%
3 Month-23.58%
6 Month-2.71%
12 Month-34.78%
2 Year-46.78%
3 Year-28.33%
5 Year-27.53%
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)-0.13
RSI(14)27.22
LBB6.04
UBB8.33
OSL:NOL (3/7/2025, 7:00:00 PM)
6.45
+0.06 (+0.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg0.94%
1 Week-7.73%
2 Weeks-16.45%
1 Month-19.07%
3 Month-23.58%
6 Month-2.71%
12 Month-34.78%
2 Year-46.78%
3 Year-28.33%
5 Year-27.53%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%5.8%
ATR Inc-28.52%
Range Today0.1
ADR(20)0.32
ADR(20)%4.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.3
Mansfield-2.11
10 Day High7.8
10 Day Low6
20 Day High7.99
20 Day Low6
52 Week High11.3
52 Week Low6
CS1 End6.21
CR1 Start7.93
Volume & EV
DER(3)0.56%
DER(5)0.33%
Volume65.81K
Volume Incr111.63%
Vol(5)96.40K
Vol(50)53.47K