EIDESVIK OFFSHORE ASA (EIOF.OL) Stock Technical Analysis
Europe - OSL:EIOF - NO0010263023 - Common Stock
13.3 NOK
+0.4 (+3.1%)
We assign a technical rating of 4 out of 10 to EIOF. EIOF has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, EIOF is a bad performer in the overall market: 76% of all stocks are doing better.
EIOF is part of the Energy Equipment & Services industry. There are 37 other stocks in this industry, of which 61% are performing better than EIOF.
Warning: EIOF has an average volume of 15493 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month EIOF has a been trading in the 12.80 - 13.90 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
EIOF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EIOF is lagging the market.
Considerably lower volume is observed in the last couple of days.
EIOF has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 13.46. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.18, a Stop Loss order could be placed below this zone.
More info and screens
12.51
13.85
When analyzing the support we can see 2 important areas.
- A support zone ranging from 12.89 to 13.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.64 to 12.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @13.46 from a horizontal line in the daily time frame.
- A resistance zone ranging from 13.68 to 13.71. 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 | NEUTRAL | NEUTRAL | The long term trend for EIOF.OL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EIOF.OL is neutral. |
| ChartMill Relative Strength | 24.54 | NEGATIVE | EIOF.OL has a low relative strength, it was outperformed by 75.46% 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) | DOWN | MIXED | The current price of EIOF.OL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.65 | NEUTRAL | The RSI value for EIOF.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests EIOF.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.92 | OVERSOLD | The low Stochastics value suggests EIOF.OL may be oversold. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for EIOF.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 17.28 | NEGATIVE | The low ADX value for EIOF.OL suggests a weak or negative trend. |
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)
OSL:EIOF (9/12/2025, 7:00:00 PM)
13.3
+0.4 (+3.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg3.1%
1 Week0.38%
2 Weeks0.76%
1 Month0.38%
3 Month3.1%
6 Month16.67%
12 Month-12.5%
2 Year-0.89%
3 Year84.72%
5 Year468.38%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%2.95%
ATR Inc18.75%
Range Today0.2
ADR(20)0.37
ADR(20)%2.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.54
Mansfield-0.86
10 Day High13.6
10 Day Low12.9
20 Day High13.9
20 Day Low12.8
52 Week High15.98
52 Week Low10.05
CS1 End13.18
CR1 Start13.46
Volume & EV
DER(3)0%
DER(5)0%
Volume9.42K
Volume Incr-52.86%
Vol(5)6.27K
Vol(50)15.49K