Logo image of HSHP.OL

HIMALAYA SHIPPING LTD (HSHP.OL) Stock Technical Analysis

OSL:HSHP - Euronext Oslo - BMG4660A1036 - Common Stock - Currency: NOK

75.5  +1.9 (+2.58%)

Technical Rating and Analysis

4

Taking everything into account, HSHP scores 4 out of 10 in our technical rating. 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 part of the Marine Transportation industry. There are 20 other stocks in this industry, of which 89% are performing better than HSHP.
The long and short term trends are both positive. This is looking good!
In the last month HSHP has a been trading in the 64.20 - 76.00 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
HIMALAYA SHIPPING LTD / HSHP Weekly stock chart
HIMALAYA SHIPPING LTD / HSHP Daily stock chart
Setup Rating and Analysis

4

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.

Support and Resistance Analysis

69.40

76.26

When analyzing the support we notice one important area.

  • A support zone ranging from 70.10 to 70.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for HSHP.OL is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for HSHP.OL is up.
ChartMill Relative Strength0NEGATIVEHSHP.OL has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of HSHP.OL is above the rising SMA(20).
Relative Strength Index/RSI (14)68.04NEUTRALThe RSI value for HSHP.OL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.58NEGATIVEThe MACD value suggests HSHP.OL has a negative trend, although the MACD value is rising.
Stochastics (14,3)89.44OVERBOUGHTThe high Stochastics value suggests HSHP.OL may be overbought.
Average True Range in percent/ATR (20)3.34MEDIUM VOLATILITYThe ATR as a percentage value for HSHP.OL suggests some volalility.
Average Directional Index/ADX (14)37.15POSITIVEThe high ADX value value for HSHP.OL suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
HIMALAYA SHIPPING LTD / HSHP Daily stock chart

HIMALAYA SHIPPING LTD

OSL:HSHP (8/8/2025, 7:00:00 PM)

75.5

+1.9 (+2.58%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg2.58%
1 Week7.55%
2 Weeks6.19%
1 Month11.03%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.28
ATR(20)%3.34%
ATR Inc-11.18%
Range Today2.6
ADR(20)2.45
ADR(20)%3.25%
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 High76
10 Day Low69
20 Day High76
20 Day Low64.2
52 Week HighN/A
52 Week LowN/A
CS1 End70.92
CR1 StartN/A
Volume & EV
DER(3)-0.8%
DER(5)-0.39%
Volume105.80K
Volume Incr2.92%
Vol(5)129.10K
Vol(50)N/A