OSL:ODF - Euronext Oslo - NO0003399909 - Common Stock - Currency: NOK
Taking everything into account, ODF scores 6 out of 10 in our technical rating. ODF has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
Although the technical rating is only medium, ODF does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 113.20. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
104.43
2 important support areas can be observed.
We found 1 important resistance area.
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 ODF.OL is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ODF.OL is up. |
ChartMill Relative Strength | 22.19 | NEGATIVE | ODF.OL has a low relative strength, it was outperformed by 77.81% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ODF.OL is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ODF.OL is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ODF.OL is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 56.64 | NEUTRAL | The RSI value for ODF.OL is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests ODF.OL has a negative trend. |
Stochastics (14,3) | 46.81 | NEUTRAL | The Stochastics value for ODF.OL is a neutral value. |
Average True Range in percent/ATR (20) | 3.21 | MEDIUM VOLATILITY | The ATR as a percentage value for ODF.OL suggests some volalility. |
Average Directional Index/ADX (14) | 30.37 | POSITIVE | The high ADX value value for ODF.OL suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
114.01 | 109.02 | 4.99 (4.38%) | 22.85% |
An entry @114.01. This is a Buy Stop order right above the resistance zone. | An exit @109.02. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.99 points, which is 4.38%. | For a 1.00% total portfolio risk, you can invest 22.85% of your capital in this trade. |
OSL:ODF (6/19/2025, 4:19:52 PM)
111
+0.6 (+0.54%)