ODFJELL DRILLING LTD (ODL.OL) Stock Technical Analysis
Europe - OSL:ODL - BMG671801022 - Common Stock
Taking everything into account, ODL scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ODL is showing a nice and steady performance.
Although ODL has an excellent technical rating, it does not offer a high 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
55.19
3 important support areas can be observed.
- A support zone ranging from 75.30 to 78.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @58.63 from a trend line in the weekly time frame.
- Support @55.75 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 81.40 to 81.50. 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 | UP | POSITIVE | The long term trend for ODL.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ODL.OL is up. |
| ChartMill Relative Strength | 86.83 | POSITIVE | ODL.OL has a high relative strength, it outperformed 86.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ODL.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ODL.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ODL.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.79 | NEUTRAL | The RSI value for ODL.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests ODL.OL has a positive trend. |
| Stochastics (14,3) | 71.97 | NEUTRAL | The Stochastics value for ODL.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for ODL.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 18.05 | NEGATIVE | The low ADX value for ODL.OL suggests a weak or negative trend. |
OSL:ODL (10/24/2025, 7:00:00 PM)
80.5
-0.4 (-0.49%)
ODFJELL DRILLING LTD / ODL.OL FAQ
What is the technical rating for ODL stock?
ChartMill assigns a technical rating of 10 / 10 to ODL.OL.
What is the trend direction for ODL stock?
The current trend direction for ODFJELL DRILLING LTD (ODL.OL) is Bullish.
What is the RSI signal for ODL stock?
ODFJELL DRILLING LTD (ODL.OL) has an RSI value of 57.7875. This indicates that the stock is currently neutral.
What is the MACD signal for ODL stock?
The MACD indicator for ODFJELL DRILLING LTD (ODL.OL) has a value of 0.194678, indicating a bearish trend.
What is the short term momentum for ODFJELL DRILLING LTD (ODL.OL) stock?
The short term momentum for ODFJELL DRILLING LTD (ODL.OL) is positive.