EIDESVIK OFFSHORE ASA (EIOF.OL) Technical Analysis
OSL:EIOF • NO0010263023
We assign a technical rating of 10 out of 10 to EIOF. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EIOF is showing a nice and steady performance.
- Warning: EIOF has an average volume of 28728 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that EIOF is one of the better performing stocks in the market, outperforming 76% of all stocks. We also observe that the gains produced by EIOF over the past year are nicely spread over this period.
- A new 52 week high is currently being made by EIOF, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so EIOF is leading the market.
- In the last month EIOF has a been trading in the 12.95 - 14.75 range, which is quite wide. It is currently trading near the high of this range.
- EIOF is part of the Energy Equipment & Services industry. There are 39 other stocks in this industry, EIOF did better than 55% of them.
- Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, EIOF also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 14.51. Right above this resistance zone may be a good entry point.
More info and screens
12.23
4 important support areas can be observed.
- A support zone ranging from 13.52 to 13.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.00 to 13.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @12.65 from a horizontal line in the daily time frame.
- Strong support @12.35 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 14.51 to 14.66. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for EIOF.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EIOF.OL is up. |
| ChartMill Relative Strength | 76.28 | POSITIVE | EIOF.OL has a high relative strength, it outperformed 76.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EIOF.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EIOF.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EIOF.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.6 | NEUTRAL | The RSI value for EIOF.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests EIOF.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.37 | OVERBOUGHT | The high Stochastics value suggests EIOF.OL may be overbought. |
| Average True Range in percent/ATR (20) | 3.5 | MEDIUM VOLATILITY | The ATR as a percentage value for EIOF.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 25.82 | POSITIVE | The high ADX value value for EIOF.OL suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 14.67 | 13.51 | 1.16 (7.91%) | 12.65% |
| An entry @14.67. This is a Buy Stop order right above the resistance zone. | An exit @13.51. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.16 points, which is 7.91%. | For a 1.00% total portfolio risk, you can invest 12.65% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EIOF.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:EIOF (3/11/2026, 7:00:00 PM)
14.5
-0.15 (-1.02%)
EIDESVIK OFFSHORE ASA / EIOF.OL FAQ
Can you provide the ChartMill technical rating for EIDESVIK OFFSHORE ASA?
ChartMill assigns a technical rating of 10 / 10 to EIOF.OL.
What is the current trend direction of EIDESVIK OFFSHORE ASA (EIOF.OL) stock?
The current trend direction for EIDESVIK OFFSHORE ASA (EIOF.OL) is Bullish.
Can you provide the RSI signal for EIDESVIK OFFSHORE ASA?
EIDESVIK OFFSHORE ASA (EIOF.OL) has an RSI value of 62.6024. This indicates that the stock is currently neutral.
What is the short term momentum for EIOF stock?
The short term momentum for EIDESVIK OFFSHORE ASA (EIOF.OL) is positive.
Can you provide the buy/sell signal for EIDESVIK OFFSHORE ASA?
The buy/sell signal for EIDESVIK OFFSHORE ASA (EIOF.OL) is buy as both the short term and long term trends are positive.