NORTHERN OCEAN LTD (NOL.OL) Technical Analysis
OSL:NOL • BMG6682J1036
Current stock price
NOL.OL Technical Rating and Analysis
Taking everything into account, NOL scores 4 out of 10 in our technical rating. NOL was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- NOL is part of the Energy Equipment & Services industry. There are 36 other stocks in this industry, of which 65% are performing better than NOL.
- NOL is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Looking at the yearly performance, NOL did better than 80% of all other stocks.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- NOL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NOL is lagging the market.
NOL.OL Weekly and Daily overview Charts
NOL.OL Setup Rating and Analysis
Although the technical rating is only medium, NOL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 8.80, a Stop Loss order could be placed below this zone.
More info and screens
NOL.OL Support and Resistance Analysis
5.74
3 important support areas can be observed.
- A support zone ranging from 8.62 to 8.63. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @6.31 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 8.79 to 8.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.10 to 9.11. 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 9.36 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 | 80.91 | POSITIVE | NOL.OL has a high relative strength, it outperformed 80.91% 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) | DOWN | NEGATIVE | The current price of NOL.OL is below a declining 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) | 45.08 | NEUTRAL | The RSI value for NOL.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NOL.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for NOL.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for NOL.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 15.29 | 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 (4/14/2026, 2:06:44 PM)
8.72
-0.1 (-1.13%)
NORTHERN OCEAN LTD / NOL.OL TA FAQ
What is the technical rating for NOL stock?
ChartMill assigns a technical rating of 5 / 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.
Can you provide the RSI signal for NORTHERN OCEAN LTD?
NORTHERN OCEAN LTD (NOL.OL) has an RSI value of 45.0755. 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 -0.00524036, indicating a bearish trend.
What is the short term momentum for NORTHERN OCEAN LTD (NOL.OL) stock?
The short term momentum for NORTHERN OCEAN LTD (NOL.OL) is negative.