NORTHERN OCEAN LTD (NOL.OL) Stock Technical Analysis
Europe - OSL:NOL - BMG6682J1036 - Common Stock
We assign a technical rating of 2 out of 10 to NOL. NOL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, NOL does present a nice setup opportunity. 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 6.18. Right above this resistance zone may be a good entry point.
More info and screens
5.61
We found 3 important support areas.
- Support @6.15 from a trend line in the weekly time frame.
- A support zone ranging from 5.80 to 5.82. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @5.67 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 6.18 to 6.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.46 from a trend line in the daily time frame.
- A resistance zone ranging from 6.59 to 6.70. 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 | DOWN | NEGATIVE | The long term trend for NOL.OL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NOL.OL is neutral. |
| ChartMill Relative Strength | 19.49 | NEGATIVE | NOL.OL has a low relative strength, it was outperformed by 80.51% 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) | DOWN | NEGATIVE | The current price of NOL.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NOL.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.61 | NEUTRAL | The RSI value for NOL.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests NOL.OL has a positive trend. |
| Stochastics (14,3) | 82.98 | OVERBOUGHT | The high Stochastics value suggests NOL.OL may be overbought. |
| Average True Range in percent/ATR (20) | 3.35 | MEDIUM VOLATILITY | The ATR as a percentage value for NOL.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 16.32 | NEGATIVE | The low ADX value for NOL.OL suggests a weak or negative trend. |
OSL:NOL (10/24/2025, 7:00:00 PM)
6.15
+0.05 (+0.82%)
NORTHERN OCEAN LTD / NOL.OL FAQ
What is the technical rating for NOL stock?
ChartMill assigns a technical rating of 2 / 10 to NOL.OL.
What is the trend direction for NOL stock?
The current trend direction for NORTHERN OCEAN LTD (NOL.OL) is Bearish.
What is the RSI signal for NORTHERN OCEAN LTD (NOL.OL) stock?
NORTHERN OCEAN LTD (NOL.OL) has an RSI value of 52.6083. 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 0.0251043, indicating a bearish trend.