Europe - Euronext Oslo - OSL:EIOF - NO0010263023 - Common Stock
Overall EIOF gets a technical rating of 1 out of 10. EIOF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, EIOF does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 12.73. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.58, a Stop Loss order could be placed below this zone.
12.23
When analyzing the support we notice one important area.
We can see 3 important resistance areas.
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 | NEUTRAL | NEUTRAL | The short term trend for EIOF.OL is neutral. |
| ChartMill Relative Strength | 23.87 | NEGATIVE | EIOF.OL has a low relative strength, it was outperformed by 76.13% 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) | DOWN | NEGATIVE | The current price of EIOF.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EIOF.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.17 | NEUTRAL | The RSI value for EIOF.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests EIOF.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.33 | NEUTRAL | The Stochastics value for EIOF.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for EIOF.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 19.3 | NEGATIVE | The low ADX value for EIOF.OL suggests a weak or negative trend. |
OSL:EIOF (11/28/2025, 7:00:00 PM)
12.6
0 (0%)
ChartMill assigns a technical rating of 1 / 10 to EIOF.OL.
The current trend direction for EIDESVIK OFFSHORE ASA (EIOF.OL) is Bearish.
EIDESVIK OFFSHORE ASA (EIOF.OL) has an RSI value of 49.1656. This indicates that the stock is currently neutral.
The short term momentum for EIDESVIK OFFSHORE ASA (EIOF.OL) is neutral.
EIDESVIK OFFSHORE ASA (EIOF.OL) has a support level at 12.58 and a resistance level at 12.73. Check the full technical report for our detailed analysis of EIOF.OL support and resistance levels.