Logo image of ODL.OL

ODFJELL DRILLING LTD (ODL.OL) Stock Technical Analysis

OSL:ODL - Euronext Oslo - BMG671801022 - Common Stock - Currency: NOK

53.6  -0.3 (-0.56%)

Technical Rating and Analysis

1

Overall ODL gets a technical rating of 1 out of 10. ODL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
ODL is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 76% of 35 stocks in the same industry.
When comparing the performance of all stocks over the past year, ODL turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
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.
In the last month ODL has a been trading in the 47.15 - 59.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ODFJELL DRILLING LTD / ODL Weekly stock chart
ODFJELL DRILLING LTD / ODL Daily stock chart
Setup Rating and Analysis

7

ODL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 54.11. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

48.20

60.91

4 important support areas can be observed.

  • Support @52.27 from a trend line in the weekly time frame.
  • Support @50.88 from a trend line in the daily time frame.
  • Support @49.60 from a horizontal line in the daily time frame.
  • Support @48.69 from a horizontal line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 54.11 to 55.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @60.31 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.67
Mansfield-0.04
10 Day High56.4
10 Day Low49.3
20 Day High59.8
20 Day Low47.15
52 Week High65.9
52 Week Low47.15
Performance
1 Week-1.11%
2 Weeks2.1%
1 Month-8.38%
3 Month-11.7%
6 Month4.48%
12 Month3.08%
2 Year116.13%
3 Year118.78%
5 Year530.59%
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)0.19
RSI(14)42.3
LBB50.77
UBB55.36
ODFJELL DRILLING LTD / ODL Daily stock chart

ODFJELL DRILLING LTD

OSL:ODL (4/25/2025, 7:00:00 PM)

53.6

-0.3 (-0.56%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.56%
1 Week-1.11%
2 Weeks2.1%
1 Month-8.38%
3 Month-11.7%
6 Month4.48%
12 Month3.08%
2 Year116.13%
3 Year118.78%
5 Year530.59%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.52
ATR(20)%4.1%
ATR Inc-53.27%
Range Today1.2
ADR(20)1.97
ADR(20)%3.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.67
Mansfield-0.04
10 Day High56.4
10 Day Low49.3
20 Day High59.8
20 Day Low47.15
52 Week High65.9
52 Week Low47.15
CS1 End52.27
CR1 Start54.11
Volume & EV
DER(3)-0.28%
DER(5)-0.88%
Volume172.28K
Volume Incr-51.1%
Vol(5)149.76K
Vol(50)315.95K