EAM SOLAR ASA (EAM.OL) Stock Technical Analysis
OSL:EAM - Euronext Oslo - NO0013601245 - Common Stock - Currency: NOK
We assign a technical rating of 10 out of 10 to EAM. In the last year, EAM was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
EAM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the yearly performance of all stocks, we notice that EAM is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by EAM over the past year are nicely spread over this period.
EAM is part of the Independent Power and Renewable Electricity Producers industry. There are 22 other stocks in this industry. EAM outperforms 95% of them.
In the last month EAM has a been trading in the 0.18 - 3.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although EAM has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.08
2.12
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 | NEUTRAL | NEUTRAL | The long term trend for EAM.OL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EAM.OL is up. |
| ChartMill Relative Strength | 97.8 | POSITIVE | EAM.OL has a high relative strength, it outperformed 97.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EAM.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EAM.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EAM.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.81 | NEUTRAL | The RSI value for EAM.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests EAM.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.38 | OVERBOUGHT | The high Stochastics value suggests EAM.OL may be overbought. |
| Average True Range in percent/ATR (20) | 16.23 | HIGH VOLATILITY | The high ATR as a percentage value for EAM.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 33.68 | POSITIVE | The high ADX value value for EAM.OL suggests a strong trend. |
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)
OSL:EAM (7/8/2025, 2:57:51 PM)
2.1
-0.73 (-25.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-25.8%
1 Week1093.18%
2 Weeks683.58%
1 Month90.56%
3 Month248.84%
6 Month1309.4%
12 Month-81.5%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%16.23%
ATR Inc34.95%
Range Today0.14
ADR(20)0.13
ADR(20)%5.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.8
Mansfield-7.23
10 Day High3.1
10 Day Low0.18
20 Day High3.1
20 Day Low0.18
52 Week High26
52 Week Low0.07
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)5.52%
DER(5)9.93%
Volume3.73K
Volume Incr-96.55%
Vol(5)4.05K
Vol(50)85.15K