NORTHERN OCEAN LTD (NOL.OL) Technical Analysis
OSL:NOL • BMG6682J1036
Current stock price
NOL.OL Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to NOL. In the last year, NOL was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- In the last month NOL has a been trading in the 8.80 - 10.88 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- Looking at the yearly performance, NOL did better than 72% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- NOL is part of the Energy Equipment & Services industry. There are 39 other stocks in this industry, NOL did better than 44% of them.
- NOL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NOL is lagging the market slightly.
NOL.OL Weekly and Daily overview Charts
NOL.OL Setup Rating and Analysis
NOL has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 9.04. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.95, a Stop Loss order could be placed below this zone.
More info and screens
NOL.OL Support and Resistance Analysis
5.74
4 important support areas can be observed.
- A support zone ranging from 8.78 to 8.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.49 to 8.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.22 from a trend line in the weekly time frame.
- Support @5.80 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 9.04 to 9.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 9.31 to 9.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
NOL.OL 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.
| 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 | DOWN | NEGATIVE | The short term trend for NOL.OL is down. |
| ChartMill Relative Strength | 72.35 | POSITIVE | NOL.OL has a high relative strength, it outperformed 72.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NOL.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NOL.OL is below 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) | 46.93 | NEUTRAL | The RSI value for NOL.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests NOL.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.69 | OVERSOLD | The low Stochastics value suggests NOL.OL may be oversold. |
| Average True Range in percent/ATR (20) | 5.1 | HIGH VOLATILITY | The high ATR as a percentage value for NOL.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 19.14 | NEGATIVE | The low ADX value for NOL.OL suggests a weak or negative trend. |
NOL.OL Chart- and CandleStick Pattern Analysis
NOL.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:NOL (3/13/2026, 7:00:00 PM)
9
+0.07 (+0.78%)
NORTHERN OCEAN LTD / NOL.OL TA FAQ
What is the technical rating for NOL stock?
ChartMill assigns a technical rating of 4 / 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 46.9305. 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 negative.
What is the buy/sell signal for NOL stock?
The buy/sell signal for NORTHERN OCEAN LTD (NOL.OL) is hold as the short term and long term trends are mixed.