NORTHERN OCEAN LTD (NOL.OL) Technical Analysis
OSL:NOL • BMG6682J1036
Current stock price
8.85 NOK
-0.07 (-0.78%)
Last:
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.
- NOL is one of the lesser performing stocks in the Energy Equipment & Services industry. 62% of 36 stocks in the same industry do better.
- 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 short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- When comparing the yearly performance of all stocks, we notice that NOL is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- 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 an average technical rating and the quality of the presented setup is also 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
NOL.OL Support and Resistance Analysis
5.74
9.53
4 important support areas can be observed.
- A support zone ranging from 8.79 to 8.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.62 from a horizontal line in the daily time frame.
- Support @6.24 from a trend line in the weekly time frame.
- Support @5.80 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 8.86 to 8.93. 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 9.08 to 9.22. 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 9.39 to 9.44. This zone is formed by a combination of multiple trend lines in the weekly time frame.
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 | 73.59 | POSITIVE | NOL.OL has a high relative strength, it outperformed 73.59% 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) | 43.7 | NEUTRAL | The RSI value for NOL.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests NOL.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.83 | OVERSOLD | The low Stochastics value suggests NOL.OL may be oversold. |
| Average True Range in percent/ATR (20) | 4.68 | MEDIUM VOLATILITY | The ATR as a percentage value for NOL.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 15.47 | NEGATIVE | The low ADX value for NOL.OL suggests a weak or negative trend. |
NOL.OL Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NOL.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:NOL (3/20/2026, 7:00:00 PM)
8.85
-0.07 (-0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.78%
1 Week-1.67%
2 Weeks-2.85%
1 Month-6.15%
3 Month2.08%
6 Month39.15%
12 Month28.26%
2 Year-11.23%
3 Year-26.98%
5 Year-21.4%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%4.68%
ATR Inc-61.55%
Range Today0.16
ADR(20)0.37
ADR(20)%4.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.59
3 months CRS62.1
6 months CRS91.35
Mansfield2.41
10 Day High9.45
10 Day Low8.8
20 Day High10.88
20 Day Low8.8
52 Week High10.88
52 Week Low4.91
CS1 End8.84
CR1 Start8.86
Volume & EV
DER(3)0%
DER(5)0%
Volume66.67K
Volume Incr-57.02%
Vol(5)94.63K
Vol(50)137.98K
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 43.6966. 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.