EAM SOLAR ASA (EAM.OL) Technical Analysis
OSL:EAM • NO0013601245
Current stock price
2.1 NOK
-0.73 (-25.8%)
Last:
EAM.OL Technical Rating and Analysis
Overall EAM gets a technical rating of 10 out of 10. EAM has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- EAM is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so EAM is lagging the market.
- 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 short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- 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 one of the better performing stocks in the Independent Power and Renewable Electricity Producers industry, it outperforms 100% of 21 stocks in the same industry.
- 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.
EAM.OL Weekly and Daily overview Charts
EAM.OL Setup Rating and Analysis
Although EAM has an excellent technical rating, it does not offer a high quality setup 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
EAM.OL Support and Resistance Analysis
EAM.OL Technical Indicator Signal Analysis
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 | 97.7 | POSITIVE | EAM.OL has a high relative strength, it outperformed 97.7% 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. |
EAM.OL Chart- and CandleStick Pattern Analysis
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)
EAM.OL Technicals: Chart, Performance Metrics, Trend & Indicators
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
CRS97.7
3 months CRSN/A
6 months CRSN/A
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
EAM SOLAR ASA / EAM.OL TA FAQ
What is the ChartMill technical rating of EAM SOLAR ASA (EAM.OL) stock?
ChartMill assigns a technical rating of 10 / 10 to EAM.OL.
Can you provide the trend direction for EAM SOLAR ASA?
The current trend direction for EAM SOLAR ASA (EAM.OL) is Bearish.
What is the RSI signal for EAM stock?
EAM SOLAR ASA (EAM.OL) has an RSI value of 59.8059. This indicates that the stock is currently neutral.
What is the MACD signal for EAM SOLAR ASA (EAM.OL) stock?
The MACD indicator for EAM SOLAR ASA (EAM.OL) has a value of 0.228648, indicating a bearish trend.