NORTHERN OCEAN LTD (NOL.OL) Stock Technical Analysis
OSL:NOL - BMG6682J1036 - Common Stock
6.2 NOK
+0.14 (+2.31%)
Taking everything into account, NOL scores 3 out of 10 in our technical rating. NOL performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, NOL is a bad performer in the overall market: 68% of all stocks are doing better.
NOL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month NOL has a been trading in the 5.95 - 6.91 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
NOL is part of the Energy Equipment & Services industry. There are 37 other stocks in this industry, NOL did better than 47% of them.
The technical rating of NOL is bad and it also does not present a quality setup 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
5.61
6.77
We found 2 important support areas.
- Support @6.05 from a trend 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 6.42 to 6.70. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for NOL.OL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NOL.OL is down. |
| ChartMill Relative Strength | 32.28 | NEUTRAL | NOL.OL is not amongst the best or worst performers 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 | POSITIVE | The current price of NOL.OL is above the rising 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) | 43.93 | 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) | 15.65 | OVERSOLD | The low Stochastics value suggests NOL.OL may be oversold. |
| Average True Range in percent/ATR (20) | 3.7 | MEDIUM VOLATILITY | The ATR as a percentage value for NOL.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 30.13 | POSITIVE | The high ADX value value for NOL.OL suggests a strong trend. |
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)
OSL:NOL (9/5/2025, 7:00:00 PM)
6.2
+0.14 (+2.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg2.31%
1 Week-6.06%
2 Weeks-5.34%
1 Month-5.49%
3 Month5.08%
6 Month-3.88%
12 Month-6.49%
2 Year-58.67%
3 Year-31.94%
5 Year-3.12%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%3.7%
ATR Inc112.66%
Range Today0.35
ADR(20)0.22
ADR(20)%3.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.28
Mansfield-1.71
10 Day High6.79
10 Day Low5.95
20 Day High6.91
20 Day Low5.95
52 Week High9.03
52 Week Low4.91
CS1 End6.05
CR1 Start6.42
Volume & EV
DER(3)-7.67%
DER(5)-6.81%
Volume201.44K
Volume Incr86.63%
Vol(5)190.96K
Vol(50)86.07K