NORTHERN OCEAN LTD (NOL.OL) Stock Technical Analysis
OSL:NOL • BMG6682J1036
Taking everything into account, NOL scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, NOL has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that NOL is one of the better performing stocks in the market, outperforming 70% of all stocks.
- NOL is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month NOL has a been trading in the 8.50 - 9.50 range, which is quite wide. It is currently trading near the high of this range.
- NOL is an average performer in the Energy Equipment & Services industry, it outperforms 61% of 37 stocks in the same industry.
Although NOL has an excellent technical rating, the quality of the presented setup is 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.
More info and screens
5.74
We found 5 important support areas.
- A support zone ranging from 9.04 to 9.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 8.37 to 8.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.17 from a trend line in the weekly time frame.
- Support @5.94 from a trend line in the daily time frame.
- Support @5.80 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 9.41 to 9.41. 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 NOL.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NOL.OL is up. |
| ChartMill Relative Strength | 70.69 | POSITIVE | NOL.OL has a high relative strength, it outperformed 70.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NOL.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NOL.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NOL.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.36 | NEUTRAL | The RSI value for NOL.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NOL.OL has a positive trend. |
| Stochastics (14,3) | 81.56 | OVERBOUGHT | The high Stochastics value suggests NOL.OL may be overbought. |
| Average True Range in percent/ATR (20) | 2.55 | MEDIUM VOLATILITY | The ATR as a percentage value for NOL.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 38.49 | POSITIVE | The high ADX value value for NOL.OL suggests a strong 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 |
|---|---|---|---|
| 9.42 | 9.03 | 0.39 (4.14%) | 24.15% |
| An entry @9.42. This is a Buy Stop order right above the resistance zone. | An exit @9.03. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.39 points, which is 4.14%. | When investing 24.15% 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:NOL (2/16/2026, 7:00:00 PM)
9.4
+0.18 (+1.95%)
NORTHERN OCEAN LTD / NOL.OL FAQ
What is the technical rating for NOL stock?
ChartMill assigns a technical rating of 9 / 10 to NOL.OL.
Can you provide the trend direction for NORTHERN OCEAN LTD?
The current trend direction for NORTHERN OCEAN LTD (NOL.OL) is Bullish.
What is the RSI signal for NOL stock?
NORTHERN OCEAN LTD (NOL.OL) has an RSI value of 65.3572. This indicates that the stock is currently neutral.
What is the short term momentum for NOL stock?
The short term momentum for NORTHERN OCEAN LTD (NOL.OL) is positive.
What is the buy/sell signal for NOL stock?
The buy/sell signal for NORTHERN OCEAN LTD (NOL.OL) is buy as both the short term and long term trends are positive.