EDDA WIND ASA (EWIND.OL) Stock Technical Analysis
OSL:EWIND - Euronext Oslo - NO0010998529 - Common Stock - Currency: NOK
Overall EWIND gets a technical rating of 8 out of 10. Although EWIND is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
EWIND is part of the Marine Transportation industry. There are 19 other stocks in this industry. EWIND outperforms 100% of them.
EWIND is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so EWIND is performing more or less in line with the market.
EWIND is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When comparing the yearly performance of all stocks, we notice that EWIND is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month EWIND has a been trading in a tight range between 22.70 and 23.10.
Besides having an excellent technical rating, EWIND also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 22.69, a Stop Loss order could be placed below this zone.
More info and screens
22.46
25.15
When analyzing the support we notice one important area.
- A support zone ranging from 22.69 to 22.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 22.80 to 23.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @24.90 from a horizontal line in the weekly time frame.
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 EWIND.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EWIND.OL is up. |
| ChartMill Relative Strength | 78.78 | POSITIVE | EWIND.OL has a high relative strength, it outperformed 78.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EWIND.OL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EWIND.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EWIND.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.57 | NEUTRAL | The RSI value for EWIND.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests EWIND.OL has a negative trend. |
| Stochastics (14,3) | 25 | NEUTRAL | The Stochastics value for EWIND.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for EWIND.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 46.36 | POSITIVE | The high ADX value value for EWIND.OL suggests a strong 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:EWIND (5/27/2025, 7:00:00 PM)
22.7
-0.3 (-1.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg-1.3%
1 Week-0.87%
2 Weeks-1.3%
1 Month31.21%
3 Month38.84%
6 Month9.66%
12 Month-7.72%
2 Year-2.16%
3 Year-23.05%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%2.03%
ATR Inc90.91%
Range Today0.3
ADR(20)0.19
ADR(20)%0.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.78
Mansfield1.08
10 Day High23.1
10 Day Low22.7
20 Day High23.1
20 Day Low22.7
52 Week High25.1
52 Week Low13.5
CS1 End22.69
CR1 Start22.8
Volume & EV
DER(3)0%
DER(5)0%
Volume619
Volume Incr-99.64%
Vol(5)1.36K
Vol(50)159.21K