HIMALAYA SHIPPING LTD (HSHP.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:HSHP - BMG4660A1036 - Common Stock
We assign a technical rating of 6 out of 10 to HSHP. Although HSHP is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 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 part of the Marine Transportation industry. There are 17 other stocks in this industry, of which 93% are performing better than HSHP.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- In the last month HSHP has a been trading in the 86.40 - 96.70 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Although the technical rating is only medium, HSHP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 88.80, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HSHP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
73.76
We found 4 important support areas.
- A support zone ranging from 86.80 to 88.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @85.40 from a trend line in the daily time frame.
- Support @79.71 from a trend line in the daily time frame.
- Support @74.50 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @93.21 from a trend line in the daily time frame.
- Resistance @95.10 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 HSHP.OL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HSHP.OL is neutral. |
| 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) | 53.86 | NEUTRAL | The RSI value for HSHP.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests HSHP.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.64 | NEUTRAL | The Stochastics value for HSHP.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.4 | MEDIUM VOLATILITY | The ATR as a percentage value for HSHP.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 16.62 | NEGATIVE | The low ADX value for HSHP.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 |
|---|---|---|---|
| 93.22 | 86.79 | 6.43 (6.90%) | 14.50% |
| An entry @93.22. This is a Buy Stop order right above the resistance zone. | An exit @86.79. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 6.43 points, which is 6.90%. | When investing 14.50% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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 (1/16/2026, 4:19:46 PM)
92.45
+3.45 (+3.88%)
HIMALAYA SHIPPING LTD / HSHP.OL FAQ
Can you provide the ChartMill technical rating for HIMALAYA SHIPPING LTD?
ChartMill assigns a technical rating of 6 / 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 53.8644. 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 neutral.