ODFJELL DRILLING LTD (ODL.OL) Stock Technical Analysis
OSL:ODL - Euronext Oslo - BMG671801022 - Common Stock - Currency: NOK
Taking everything into account, ODL scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month ODL has a been trading in the 56.30 - 65.90 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, ODL did better than 82% of all other stocks.
ODL is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 85% of 35 stocks in the same industry.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
ODL is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Volume is considerably higher in the last couple of days.
ODL has an average technical rating and it also does not offer a high 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
52.83
66.27
When analyzing the support we can see 3 important areas.
- A support zone ranging from 56.59 to 57.05. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @54.30 from a horizontal line in the daily time frame.
- Support @53.36 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 64.91 to 65.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.11
Mansfield0.45
10 Day High65.7
10 Day Low56.3
20 Day High65.9
20 Day Low56.3
52 Week High65.9
52 Week Low45.2
Performance
1 Week-3.63%
2 Weeks-10.02%
1 Month-5.04%
3 Month16.57%
6 Month10.82%
12 Month27.93%
2 Year120.79%
3 Year140.33%
5 Year661.41%
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)-0.92
RSI(14)39.28
LBB55.74
UBB68.14
OSL:ODL (3/7/2025, 7:00:00 PM)
58.4
+0.6 (+1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg1.04%
1 Week-3.63%
2 Weeks-10.02%
1 Month-5.04%
3 Month16.57%
6 Month10.82%
12 Month27.93%
2 Year120.79%
3 Year140.33%
5 Year661.41%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.66
ATR(20)%2.81%
ATR Inc-29.41%
Range Today1.1
ADR(20)1.48
ADR(20)%2.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.11
Mansfield0.45
10 Day High65.7
10 Day Low56.3
20 Day High65.9
20 Day Low56.3
52 Week High65.9
52 Week Low45.2
CS1 End57.05
CR1 Start64.91
Volume & EV
DER(3)2.04%
DER(5)0.39%
Volume363.15K
Volume Incr97.98%
Vol(5)525.13K
Vol(50)314.67K