HIMALAYA SHIPPING LTD (HSHP.OL) Stock Technical Analysis
Europe • Euronext Oslo • OSL:HSHP • BMG4660A1036
Taking everything into account, HSHP scores 7 out of 10 in our technical rating. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- 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 present a decent entry opportunity 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
4 important support areas can be observed.
- A support zone ranging from 92.26 to 94.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @90.55 from a trend line in the daily time frame.
- A support zone ranging from 87.60 to 88.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @74.50 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 103.39 to 103.60. 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 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) | 69.23 | NEUTRAL | The RSI value for HSHP.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.21 | POSITIVE | The MACD value suggests HSHP.OL has a positive trend. |
| Stochastics (14,3) | 95.34 | OVERBOUGHT | The high Stochastics value suggests HSHP.OL may be overbought. |
| Average True Range in percent/ATR (20) | 3.22 | MEDIUM VOLATILITY | The ATR as a percentage value for HSHP.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 24.74 | NEUTRAL | The ADX value for HSHP.OL suggests a possible start of a new trend. |
OSL:HSHP (2/3/2026, 1:45:07 PM)
102
-1.4 (-1.35%)
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 69.2276. 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.