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SOLSTAD OFFSHORE ASA (SOFF.OL) Stock Technical Analysis

OSL:SOFF - Euronext Oslo - NO0003080608 - Common Stock - Currency: NOK

42.3  +1.6 (+3.93%)

Technical Rating and Analysis

8

Overall SOFF gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SOFF is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
In the last month SOFF has a been trading in the 39.54 - 42.50 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, SOFF did better than 84% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
SOFF is an average performer in the Energy Equipment & Services industry, it outperforms 67% of 35 stocks in the same industry.
SOFF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SOFF is lagging the market.
Weekly and Daily overview Charts
SOLSTAD OFFSHORE ASA / SOFF Weekly stock chart
SOLSTAD OFFSHORE ASA / SOFF Daily stock chart
Setup Rating and Analysis

5

SOFF has an excellent technical rating, but the quality of the setup is only medium 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.

Support and Resistance Analysis

33.91

44.26

We found 3 important support areas.

  • A support zone ranging from 39.60 to 40.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @36.43 from a horizontal line in the daily time frame.
  • Support @34.25 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 42.31 to 42.68. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • A resistance zone ranging from 43.41 to 43.82. This zone is formed by a combination of multiple trend lines 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
CRS84.73
Mansfield-0.04
10 Day High42.5
10 Day Low39.54
20 Day High42.5
20 Day Low39.54
52 Week High51.9
52 Week Low29.96
Performance
1 Week3.17%
2 Weeks4.29%
1 Month3.93%
3 Month32.85%
6 Month7.03%
12 Month24.71%
2 Year-7.54%
3 Year229.44%
5 Year5775%
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)0.04
RSI(14)62.29
LBB39.53
UBB41.79
SOLSTAD OFFSHORE ASA / SOFF Daily stock chart

SOLSTAD OFFSHORE ASA

OSL:SOFF (2/11/2025, 7:00:00 PM)

42.3

+1.6 (+3.93%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg3.93%
1 Week3.17%
2 Weeks4.29%
1 Month3.93%
3 Month32.85%
6 Month7.03%
12 Month24.71%
2 Year-7.54%
3 Year229.44%
5 Year5775%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.12
ATR(20)%2.69%
ATR Inc22.35%
Range Today1.5
ADR(20)1.09
ADR(20)%2.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.73
Mansfield-0.04
10 Day High42.5
10 Day Low39.54
20 Day High42.5
20 Day Low39.54
52 Week High51.9
52 Week Low29.96
CS1 End40.75
CR1 Start42.31
Volume & EV
DER(3)-0.27%
DER(5)-0.03%
Volume195.17K
Volume Incr-22.16%
Vol(5)119.33K
Vol(50)176.38K