DOF GROUP ASA (DOFG.OL) Stock Technical Analysis
Europe • Euronext Oslo • OSL:DOFG • NO0012851874
We assign a technical rating of 8 out of 10 to DOFG. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DOFG is only an average performer.
- The long and short term trends are both positive. This is looking good!
- DOFG is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 71% of 36 stocks in the same industry.
- DOFG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month DOFG has a been trading in the 96.05 - 114.30 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, DOFG did better than 74% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Although DOFG has an excellent technical rating, it does not present a decent entry opportunity 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
85.19
We found 6 important support areas.
- A support zone ranging from 105.92 to 106.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @97.25 from a horizontal line in the daily time frame.
- A support zone ranging from 93.20 to 93.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @91.24 from a trend line in the daily time frame.
- Support @88.65 from a horizontal line in the daily time frame.
- Support @86.05 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The long term trend for DOFG.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DOFG.OL is up. |
| ChartMill Relative Strength | 74.28 | POSITIVE | DOFG.OL has a high relative strength, it outperformed 74.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DOFG.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DOFG.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DOFG.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.9 | OVERBOUGHT | The high RSI value suggests DOFG.OL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.44 | POSITIVE | The MACD value suggests DOFG.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.74 | OVERBOUGHT | The high Stochastics value suggests DOFG.OL may be overbought. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for DOFG.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 42.05 | POSITIVE | The high ADX value value for DOFG.OL suggests a strong trend. |
OSL:DOFG (1/30/2026, 7:00:00 PM)
112.8
+0.4 (+0.36%)
DOF GROUP ASA / DOFG.OL FAQ
What is the technical rating for DOFG stock?
ChartMill assigns a technical rating of 8 / 10 to DOFG.OL.
What is the trend direction for DOFG stock?
The current trend direction for DOF GROUP ASA (DOFG.OL) is Bullish.
What is the RSI signal for DOF GROUP ASA (DOFG.OL) stock?
DOF GROUP ASA (DOFG.OL) has an RSI value of 75.9036. This indicates that the stock is currently overbought.
What is the buy/sell signal for DOFG stock?
The buy/sell signal for DOF GROUP ASA (DOFG.OL) is buy as both the short term and long term trends are positive.
What is the support and resistance level for DOFG stock?
DOF GROUP ASA (DOFG.OL) has a support level at 106.5. Check the full technical report for our detailed analysis of DOFG.OL support and resistance levels.