HAFNIA LTD (HAFNI.OL) Stock Technical Analysis
Europe - OSL:HAFNI - SGXZ53070850 - Common Stock
We assign a technical rating of 7 out of 10 to HAFNI. Although HAFNI is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, HAFNI also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 63.05. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 61.60, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HAFNI in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
54.12
We found 4 important support areas.
- A support zone ranging from 60.93 to 61.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 59.03 to 59.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @58.00 from a trend line in the daily time frame.
- A support zone ranging from 54.67 to 54.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 63.05 to 63.05. 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 | UP | POSITIVE | The long term trend for HAFNI.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HAFNI.OL is up. |
| ChartMill Relative Strength | 38.26 | NEUTRAL | HAFNI.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HAFNI.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HAFNI.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HAFNI.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.14 | NEUTRAL | The RSI value for HAFNI.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests HAFNI.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 68.74 | NEUTRAL | The Stochastics value for HAFNI.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for HAFNI.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 15.12 | NEGATIVE | The low ADX value for HAFNI.OL suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 63.06 | 60.92 | 2.14 (3.39%) | 25.00% |
| An entry @63.06. This is a Buy Stop order right above the resistance zone. | An exit @60.92. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.14 points, which is 3.39%. | For a 0.85% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OSL:HAFNI (10/3/2025, 7:00:00 PM)
63.04
+1.04 (+1.68%)