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SHELF DRILLING LTD (SHLF.OL) Stock Technical Analysis

OSL:SHLF - Euronext Oslo - KYG236271055 - Common Stock - Currency: NOK

5.45  -0.19 (-3.37%)

Technical Rating and Analysis

0

Overall SHLF gets a technical rating of 0 out of 10. SHLF'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.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
99% of all other stocks performed better in the past year than SHLF.
SHLF is part of the Energy Equipment & Services industry. There are 35 other stocks in this industry, of which 88% are performing better than SHLF.
SHLF is currently trading near the lower end of its 52 week range, which is not a good sign. SHLF is lagging the S&P500 Index which is trading in the middle of its 52 week range.
SHLF has an average volume of 1120720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SHLF has a been trading in the 4.43 - 8.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
SHELF DRILLING LTD / SHLF Weekly stock chart
SHELF DRILLING LTD / SHLF Daily stock chart
Setup Rating and Analysis

4

SHLF has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.

Support and Resistance Analysis

5.40

8.99

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 6.14 to 6.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 6.27 to 6.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @7.08 from a trend line in the daily time frame.
  • Resistance @8.90 from a trend line in the weekly 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
CRS1.95
Mansfield-6.22
10 Day High6.58
10 Day Low4.89
20 Day High8.04
20 Day Low4.43
52 Week High24.48
52 Week Low4.43
Performance
1 Week-11.38%
2 Weeks1.87%
1 Month-30.35%
3 Month-38.63%
6 Month-66.81%
12 Month-71.13%
2 Year-77.48%
3 Year-59.51%
5 Year53.52%
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)0.02
RSI(14)33.85
LBB5
UBB6.49
SHELF DRILLING LTD / SHLF Daily stock chart

SHELF DRILLING LTD

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

5.45

-0.19 (-3.37%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-3.37%
1 Week-11.38%
2 Weeks1.87%
1 Month-30.35%
3 Month-38.63%
6 Month-66.81%
12 Month-71.13%
2 Year-77.48%
3 Year-59.51%
5 Year53.52%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.62
ATR(20)%10.4%
ATR Inc-19.93%
Range Today0.43
ADR(20)0.53
ADR(20)%9.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.95
Mansfield-6.22
10 Day High6.58
10 Day Low4.89
20 Day High8.04
20 Day Low4.43
52 Week High24.48
52 Week Low4.43
CS1 EndN/A
CR1 Start6.14
Volume & EV
DER(3)-0.62%
DER(5)-0.3%
Volume1.05M
Volume Incr-48.54%
Vol(5)803.46K
Vol(50)1.12M