HIMALAYA SHIPPING LTD (HSHP.OL) Stock Technical Analysis
Europe • Euronext Oslo • OSL:HSHP • BMG4660A1036
We assign a technical rating of 7 out of 10 to HSHP. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, HSHP is a bad performer.
- When comparing the yearly performance of all stocks, HSHP is a bad performer in the overall market: 100% of all stocks are doing better.
- HSHP is one of the lesser performing stocks in the Marine Transportation industry. 93% of 17 stocks in the same industry do better.
- The long and short term trends are both positive. This is looking good!
- In the last month HSHP has a been trading in the 86.40 - 104.00 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although HSHP has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
73.76
We found 4 important support areas.
- A support zone ranging from 90.30 to 93.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @88.80 from a horizontal line in the weekly time frame.
- Support @87.40 from a trend line in the daily time frame.
- Support @74.50 from a horizontal line in the daily 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 HSHP.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HSHP.OL is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | HSHP.OL has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HSHP.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HSHP.OL is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 69.77 | NEUTRAL | The RSI value for HSHP.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.1 | POSITIVE | The MACD value suggests HSHP.OL has a positive trend. |
| Stochastics (14,3) | 94.04 | OVERBOUGHT | The high Stochastics value suggests HSHP.OL may be overbought. |
| Average True Range in percent/ATR (20) | 3.33 | MEDIUM VOLATILITY | The ATR as a percentage value for HSHP.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 22.85 | NEUTRAL | The ADX value for HSHP.OL suggests a possible start of a new trend. |
OSL:HSHP (2/2/2026, 4:17:57 PM)
103.1
-0.5 (-0.48%)
HIMALAYA SHIPPING LTD / HSHP.OL FAQ
Can you provide the ChartMill technical rating for HIMALAYA SHIPPING LTD?
ChartMill assigns a technical rating of 7 / 10 to HSHP.OL.
Can you provide the trend direction for HIMALAYA SHIPPING LTD?
The current trend direction for HIMALAYA SHIPPING LTD (HSHP.OL) is Bullish.
Can you provide the RSI signal for HIMALAYA SHIPPING LTD?
HIMALAYA SHIPPING LTD (HSHP.OL) has an RSI value of 69.7695. This indicates that the stock is currently neutral.
What is the short term momentum for HSHP stock?
The short term momentum for HIMALAYA SHIPPING LTD (HSHP.OL) is positive.
What is the buy/sell signal for HSHP stock?
The buy/sell signal for HIMALAYA SHIPPING LTD (HSHP.OL) is buy as both the short term and long term trends are positive.