NORTHERN OCEAN LTD (NOL.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:NOL - BMG6682J1036 - Common Stock
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.
Besides having an excellent technical rating, NOL also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 8.95. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.66, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
5.61
When analyzing the support we can see 4 important areas.
- A support zone ranging from 8.48 to 8.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.98 to 6.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.80 from a horizontal line in the daily time frame.
- Support @5.67 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.95 to 8.95. 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 | 82.13 | POSITIVE | NOL.OL has a high relative strength, it outperformed 82.13% 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) | 65.02 | NEUTRAL | The RSI value for NOL.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests NOL.OL has a negative trend. |
| Stochastics (14,3) | 58.99 | NEUTRAL | The Stochastics value for NOL.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for NOL.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 56.78 | 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 |
|---|---|---|---|
| 8.96 | 8.49 | 0.47 (5.25%) | 19.06% |
| An entry @8.96. This is a Buy Stop order right above the resistance zone. | An exit @8.49. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.47 points, which is 5.25%. | For a 1.00% total portfolio risk, you can invest 19.06% of your capital in this trade. |
- 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 (12/19/2025, 7:00:00 PM)
8.67
+0.05 (+0.58%)
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.
What is the trend direction for NOL stock?
The current trend direction for NORTHERN OCEAN LTD (NOL.OL) is Bullish.
What is the RSI signal for NORTHERN OCEAN LTD (NOL.OL) stock?
NORTHERN OCEAN LTD (NOL.OL) has an RSI value of 65.0184. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NORTHERN OCEAN LTD?
The MACD indicator for NORTHERN OCEAN LTD (NOL.OL) has a value of -0.0675746, indicating a bearish trend.
Can you provide the buy/sell signal for NORTHERN OCEAN LTD?
The buy/sell signal for NORTHERN OCEAN LTD (NOL.OL) is buy as both the short term and long term trends are positive.