EDDA WIND ASA (EWIND.OL) Technical Analysis
OSL:EWIND • NO0010998529
Current stock price
EWIND.OL Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to EWIND. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- EWIND is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so EWIND is lagging the market slightly.
- 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 77% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- EWIND is an average performer in the Marine Transportation industry, it outperforms 62% of 17 stocks in the same industry.
- In the last month EWIND has a been trading in a tight range between 22.70 and 23.10.
EWIND.OL Weekly and Daily overview Charts
EWIND.OL Setup Rating and Analysis
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
EWIND.OL Support and Resistance Analysis
22.46
We found 1 important support 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.
When analyzing the resistance we notice 2 important areas.
- 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.
EWIND.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 EWIND.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EWIND.OL is up. |
| ChartMill Relative Strength | 77.67 | POSITIVE | EWIND.OL has a high relative strength, it outperformed 77.67% 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. |
EWIND.OL Chart- and CandleStick Pattern Analysis
EWIND.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:EWIND (5/27/2025, 7:00:00 PM)
22.7
-0.3 (-1.3%)
EDDA WIND ASA / EWIND.OL TA FAQ
Can you provide the ChartMill technical rating for EDDA WIND ASA?
ChartMill assigns a technical rating of 8 / 10 to EWIND.OL.
What is the current trend direction of EDDA WIND ASA (EWIND.OL) stock?
The current trend direction for EDDA WIND ASA (EWIND.OL) is Bullish.
What is the RSI signal for EWIND stock?
EDDA WIND ASA (EWIND.OL) has an RSI value of 68.5741. This indicates that the stock is currently neutral.
What is the short term momentum for EWIND stock?
The short term momentum for EDDA WIND ASA (EWIND.OL) is positive.
What is the support and resistance level for EWIND stock?
EDDA WIND ASA (EWIND.OL) has a support level at 22.69 and a resistance level at 22.8. Check the full technical report for our detailed analysis of EWIND.OL support and resistance levels.