HIMALAYA SHIPPING LTD (HSHP.OL) Stock Technical Analysis
OSL:HSHP - Euronext Oslo - BMG4660A1036 - Common Stock - Currency: NOK
We assign a technical rating of 2 out of 10 to HSHP. HSHP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of HSHP is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
61.38
2 important resistance areas can be observed.
- A resistance zone ranging from 62.09 to 62.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @65.60 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 | NEUTRAL | NEUTRAL | The long term trend for HSHP.OL is neutral. |
| 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. |
| Relative Strength Index/RSI (14) | 39.1 | NEUTRAL | The RSI value for HSHP.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.92 | POSITIVE | The MACD value suggests HSHP.OL has a positive trend, although the MACD value is declining. |
| Average Directional Index/ADX (14) | 17.98 | NEGATIVE | The low ADX value for HSHP.OL suggests a weak or negative trend. |
OSL:HSHP (6/19/2025, 7:00:00 PM)
62
-1 (-1.59%)