HIMALAYA SHIPPING LTD (HSHP.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:HSHP - BMG4660A1036 - Common Stock
Taking everything into account, HSHP scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, HSHP is a bad performer.
Although HSHP has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
73.76
4 important support areas can be observed.
- A support zone ranging from 88.50 to 88.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 77.80 to 82.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @75.80 from a horizontal line in the daily time frame.
- 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) | 66.09 | NEUTRAL | The RSI value for HSHP.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.95 | POSITIVE | The MACD value suggests HSHP.OL has a positive trend. |
| Stochastics (14,3) | 93.89 | OVERBOUGHT | The high Stochastics value suggests HSHP.OL may be overbought. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for HSHP.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 17.59 | NEGATIVE | The low ADX value for HSHP.OL suggests a weak or negative trend. |
OSL:HSHP (11/26/2025, 9:36:11 AM)
89.1
+0.7 (+0.79%)
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.
What is the trend direction for HSHP stock?
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 66.0864. This indicates that the stock is currently neutral.
What is the short term momentum for HIMALAYA SHIPPING LTD (HSHP.OL) stock?
The short term momentum for HIMALAYA SHIPPING LTD (HSHP.OL) is positive.
Can you provide the buy/sell signal for HIMALAYA SHIPPING LTD?
The buy/sell signal for HIMALAYA SHIPPING LTD (HSHP.OL) is buy as both the short term and long term trends are positive.