OKEANIS ECO TANKERS CORP (OET.OL) Stock Technical Analysis
OSL:OET - Euronext Oslo - MHY641771016 - Common Stock - Currency: NOK
We assign a technical rating of 2 out of 10 to OET. In the past year, OET was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, OET is a bad performer in the overall market: 82% of all stocks are doing better.
OET 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 OET has a been trading in the 185.00 - 246.00 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
OET is part of the Oil, Gas & Consumable Fuels industry. There are 61 other stocks in this industry, OET did better than 51% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of OET 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
232.22
381.78
When analyzing the support we notice one important area.
- A support zone ranging from 234.57 to 237.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 238.01 to 238.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @359.05 from a trend line in the weekly time frame.
- Resistance @378.00 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.18
Mansfield-1.74
10 Day High244.5
10 Day Low203
20 Day High246
20 Day Low185
52 Week High387
52 Week Low185
Performance
1 Week10.19%
2 Weeks12.26%
1 Month0.85%
3 Month-5.18%
6 Month-24.32%
12 Month-30.31%
2 Year-4.03%
3 Year150%
5 Year240%
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)3.44
RSI(14)59.13
LBB195.8
UBB238.2
OSL:OET (4/25/2025, 7:00:00 PM)
238
+6 (+2.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.59%
1 Week10.19%
2 Weeks12.26%
1 Month0.85%
3 Month-5.18%
6 Month-24.32%
12 Month-30.31%
2 Year-4.03%
3 Year150%
5 Year240%
10 YearN/A
15 YearN/A
Volatility
ATR(14)12.5
ATR(20)%4.97%
ATR Inc6.38%
Range Today12
ADR(20)11.4
ADR(20)%4.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.18
Mansfield-1.74
10 Day High244.5
10 Day Low203
20 Day High246
20 Day Low185
52 Week High387
52 Week Low185
CS1 End237.99
CR1 Start238.01
Volume & EV
DER(3)0.62%
DER(5)-0.01%
Volume69.21K
Volume Incr-34.78%
Vol(5)36.07K
Vol(50)53.97K