EIDESVIK OFFSHORE ASA (EIOF.OL) Technical Analysis
OSL:EIOF • NO0010263023
Current stock price
EIOF.OL Technical Rating and Analysis
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.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that EIOF is one of the better performing stocks in the market, outperforming 89% of all stocks.
- A new 52 week high is currently being made by EIOF, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month EIOF has a been trading in the 15.50 - 17.95 range, which is quite wide. It is currently trading near the high of this range.
- EIOF is an average performer in the Energy Equipment & Services industry, it outperforms 64% of 35 stocks in the same industry.
EIOF.OL Weekly and Daily overview Charts
EIOF.OL Setup Rating and Analysis
EIOF has an excellent technical rating, but the quality of the setup is only medium 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
EIOF.OL Support and Resistance Analysis
12.52
When analyzing the support we can see 4 important areas.
- A support zone ranging from 16.62 to 16.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 16.05 to 16.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @13.00 from a horizontal line in the daily time frame.
- Support @12.65 from a horizontal line in the daily time frame.
EIOF.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 | 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 | 89.36 | POSITIVE | EIOF.OL has a high relative strength, it outperformed 89.36% 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) | 70.24 | OVERBOUGHT | The high RSI value suggests EIOF.OL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests EIOF.OL has a positive trend. |
| Stochastics (14,3) | 93.69 | OVERBOUGHT | The high Stochastics value suggests EIOF.OL may be overbought. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for EIOF.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 26.66 | POSITIVE | The high ADX value value for EIOF.OL suggests a strong trend. |
EIOF.OL Chart- and CandleStick Pattern Analysis
EIOF.OL Example Setup
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 |
|---|---|---|---|
| 17.96 | 16.61 | 1.35 (7.52%) | 13.30% |
| An entry @17.96. This is a Buy Stop order right above the 10 day high. | An exit @16.61. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.35 points, which is 7.52%. | When investing 13.30% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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 (4/30/2026, 7:00:00 PM)
17.6
+0.25 (+1.44%)
EIDESVIK OFFSHORE ASA / EIOF.OL TA 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.
What is the RSI signal for EIOF stock?
EIDESVIK OFFSHORE ASA (EIOF.OL) has an RSI value of 70.2413. This indicates that the stock is currently overbought.
What is the short term momentum for EIDESVIK OFFSHORE ASA (EIOF.OL) stock?
The short term momentum for EIDESVIK OFFSHORE ASA (EIOF.OL) is positive.
What are the support and resistance levels for EIDESVIK OFFSHORE ASA (EIOF.OL) stock?
EIDESVIK OFFSHORE ASA (EIOF.OL) has a support level at 16.8. Check the full technical report for our detailed analysis of EIOF.OL support and resistance levels.