EIDESVIK OFFSHORE ASA (EIOF.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:EIOF - NO0010263023 - Common Stock
Taking everything into account, EIOF scores 1 out of 10 in our technical rating. EIOF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, EIOF does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 12.35, a Stop Loss order could be placed below this zone.
More info and screens
12.23
When analyzing the support we notice one important area.
- Strong support @12.35 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 12.43 to 13.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 13.37 to 13.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 13.71 to 13.81. 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 | DOWN | NEGATIVE | The long term trend for EIOF.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EIOF.OL is down. |
| ChartMill Relative Strength | 19.66 | NEGATIVE | EIOF.OL has a low relative strength, it was outperformed by 80.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EIOF.OL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EIOF.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of EIOF.OL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.34 | NEUTRAL | The RSI value for EIOF.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests EIOF.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.33 | OVERSOLD | The low Stochastics value suggests EIOF.OL may be oversold. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for EIOF.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 25.27 | POSITIVE | The high ADX value value for EIOF.OL suggests a strong trend. |
OSL:EIOF (12/23/2025, 7:00:00 PM)
12.4
+0.15 (+1.22%)
EIDESVIK OFFSHORE ASA / EIOF.OL FAQ
Can you provide the ChartMill technical rating for EIDESVIK OFFSHORE ASA?
ChartMill assigns a technical rating of 1 / 10 to EIOF.OL.
What is the trend direction for EIOF stock?
The current trend direction for EIDESVIK OFFSHORE ASA (EIOF.OL) is Bearish.
Can you provide the RSI signal for EIDESVIK OFFSHORE ASA?
EIDESVIK OFFSHORE ASA (EIOF.OL) has an RSI value of 48.3351. This indicates that the stock is currently neutral.
What is the short term momentum for EIDESVIK OFFSHORE ASA (EIOF.OL) stock?
The short term momentum for EIDESVIK OFFSHORE ASA (EIOF.OL) is negative.
Can you provide the support and resistance levels for EIDESVIK OFFSHORE ASA?
EIDESVIK OFFSHORE ASA (EIOF.OL) has a support level at 12.35 and a resistance level at 12.43. Check the full technical report for our detailed analysis of EIOF.OL support and resistance levels.