HIMALAYA SHIPPING LTD (HSHP.OL) Stock Technical Analysis
OSL:HSHP - BMG4660A1036 - Common Stock
79.9 NOK
-0.6 (-0.75%)
Overall HSHP gets a technical rating of 6 out of 10. HSHP 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, 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. 94% of 18 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 73.50 - 81.80 range, which is quite wide. It is currently trading near the high of this range.
HSHP has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
73.76
80.70
2 important support areas can be observed.
- A support zone ranging from 76.02 to 77.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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) | 66.04 | NEUTRAL | The RSI value for HSHP.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests HSHP.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 83.68 | OVERBOUGHT | The high Stochastics value suggests HSHP.OL may be overbought. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for HSHP.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 35.68 | POSITIVE | The high ADX value value for HSHP.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)
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 |
|---|---|---|---|
| 81.81 | 76.01 | 5.80 (7.09%) | 14.11% |
| An entry @81.81. This is a Buy Stop order right above the 10 day high. | An exit @76.01. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 5.80 points, which is 7.09%. | For a 1.00% total portfolio risk, you can invest 14.11% 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:HSHP (9/5/2025, 7:00:00 PM)
79.9
-0.6 (-0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg-0.75%
1 Week4.99%
2 Weeks3.36%
1 Month5.83%
3 Month27.43%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.12
ATR(20)%2.51%
ATR Inc12.98%
Range Today2.3
ADR(20)1.93
ADR(20)%2.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High81.8
10 Day Low74.2
20 Day High81.8
20 Day Low73.5
52 Week HighN/A
52 Week LowN/A
CS1 End77.54
CR1 StartN/A
Volume & EV
DER(3)0.54%
DER(5)-1.01%
Volume77.59K
Volume Incr8.14%
Vol(5)109.62K
Vol(50)109.58K