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NORTHERN OCEAN LTD (NOL.OL) Stock Technical Analysis

Europe - Euronext Oslo - OSL:NOL - BMG6682J1036 - Common Stock

8.02 NOK
-0.04 (-0.5%)
Last: 11/24/2025, 9:57:03 AM
Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to NOL. In the last year, NOL was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
NOL is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 81% of 39 stocks in the same industry.
NOL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NOL is performing more or less in line with the market.
NOL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When compared to the yearly performance of all other stocks, NOL outperforms 65% of them, which is more or less in line with the market.

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Weekly and Daily overview Charts
NORTHERN OCEAN LTD / NOL Weekly stock chart
NORTHERN OCEAN LTD / NOL Daily stock chart
Setup Rating and Analysis

3

Although NOL has an excellent technical rating, it does not present a decent entry opportunity 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.

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Support and Resistance Analysis

5.74

8.10

2 important support areas can be observed.

  • A support zone ranging from 5.90 to 5.95. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @5.80 from a horizontal line in the daily time frame.

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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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for NOL.OL is neutral.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for NOL.OL is up.
ChartMill Relative Strength65.67NEUTRALNOL.OL is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of NOL.OL is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of NOL.OL is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of NOL.OL is above the rising SMA(200).
Relative Strength Index/RSI (14)76.31OVERBOUGHTThe high RSI value suggests NOL.OL may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.24POSITIVEThe MACD value suggests NOL.OL has a positive trend, although the MACD value is declining.
Stochastics (14,3)67.88NEUTRALThe Stochastics value for NOL.OL is a neutral value.
Average True Range in percent/ATR (20)4.68MEDIUM VOLATILITYThe ATR as a percentage value for NOL.OL suggests some volalility.
Average Directional Index/ADX (14)31.79POSITIVEThe high ADX value value for NOL.OL suggests a strong trend.
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)

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NORTHERN OCEAN LTD / NOL Daily stock chart

NORTHERN OCEAN LTD

OSL:NOL (11/24/2025, 9:57:03 AM)

8.02

-0.04 (-0.5%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.5%
1 Week36.15%
2 Weeks34.33%
1 Month31.06%
3 Month23.05%
6 Month34.33%
12 Month-2.3%
2 Year-34.15%
3 Year-23.24%
5 Year-3.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%4.68%
ATR Inc-60.55%
Range Today0
ADR(20)0.26
ADR(20)%3.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.67
3 months CRS91.66
6 months CRS90.17
Mansfield1.2
10 Day High9.12
10 Day Low5.83
20 Day High9.12
20 Day Low5.82
52 Week High9.12
52 Week Low4.91
CS1 End5.95
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)-0.01%
Volume174
Volume Incr1482.88%
Vol(5)1.31M
Vol(50)195.26K

NORTHERN OCEAN LTD / NOL.OL FAQ

What is the technical rating for NOL stock?

ChartMill assigns a technical rating of 7 / 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 76.3052. This indicates that the stock is currently overbought.


Can you provide the MACD signal for NORTHERN OCEAN LTD?

The MACD indicator for NORTHERN OCEAN LTD (NOL.OL) has a value of 0.244364, indicating a bearish trend.