SOLSTAD OFFSHORE ASA (SOFF.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:SOFF - NO0003080608 - Common Stock
We assign a technical rating of 0 out of 10 to SOFF. SOFF'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.
Although the technical rating is bad, SOFF does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 42.14, a Stop Loss order could be placed below this zone.
More info and screens
35.63
We found 3 important support areas.
- A support zone ranging from 40.79 to 42.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @39.85 from a horizontal line in the daily time frame.
- Support @35.99 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 42.84 to 43.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for SOFF.OL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SOFF.OL is neutral. |
| ChartMill Relative Strength | 18.93 | NEGATIVE | SOFF.OL has a low relative strength, it was outperformed by 81.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SOFF.OL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SOFF.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SOFF.OL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.26 | NEUTRAL | The RSI value for SOFF.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests SOFF.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.69 | NEUTRAL | The Stochastics value for SOFF.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.14 | MEDIUM VOLATILITY | The ATR as a percentage value for SOFF.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 19.9 | NEGATIVE | The low ADX value for SOFF.OL suggests a weak or negative trend. |
OSL:SOFF (12/18/2025, 7:00:00 PM)
42.65
-0.25 (-0.58%)
SOLSTAD OFFSHORE ASA / SOFF.OL FAQ
What is the technical rating for SOFF stock?
ChartMill assigns a technical rating of 0 / 10 to SOFF.OL.
What is the trend direction for SOFF stock?
The current trend direction for SOLSTAD OFFSHORE ASA (SOFF.OL) is Bearish.
What is the RSI signal for SOFF stock?
SOLSTAD OFFSHORE ASA (SOFF.OL) has an RSI value of 47.2625. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SOLSTAD OFFSHORE ASA?
The short term momentum for SOLSTAD OFFSHORE ASA (SOFF.OL) is neutral.
What is the support and resistance level for SOFF stock?
SOLSTAD OFFSHORE ASA (SOFF.OL) has a support level at 42.14 and a resistance level at 42.55. Check the full technical report for our detailed analysis of SOFF.OL support and resistance levels.