ODFJELL DRILLING LTD (ODL.OL) Stock Technical Analysis
OSL:ODL - BMG671801022 - Common Stock
78 NOK
+0.5 (+0.65%)
We assign a technical rating of 10 out of 10 to ODL. Both in the recent history as in the last year, ODL has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that ODL is one of the better performing stocks in the market, outperforming 87% of all stocks. On top of that, ODL also shows a nice and consistent pattern of rising prices.
ODL is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 83% of 37 stocks in the same industry.
ODL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ODL is lagging the market slightly.
In the last month ODL has a been trading in the 70.70 - 83.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although ODL 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.
More info and screens
49.10
82.32
We found 6 important support areas.
- A support zone ranging from 73.60 to 74.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 70.80 to 71.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @57.13 from a trend line in the weekly time frame.
- Support @54.85 from a trend line in the weekly time frame.
- Support @53.72 from a trend line in the daily time frame.
- Support @49.60 from a horizontal line in the daily 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 | 87.54 | POSITIVE | ODL.OL has a high relative strength, it outperformed 87.54% 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) | 52.67 | NEUTRAL | The RSI value for ODL.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests ODL.OL has a negative trend. |
| Stochastics (14,3) | 35.97 | NEUTRAL | The Stochastics value for ODL.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for ODL.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 37.98 | POSITIVE | The high ADX value value for ODL.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:ODL (9/9/2025, 9:36:14 AM)
78
+0.5 (+0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg0.65%
1 Week-4.91%
2 Weeks-3.12%
1 Month8.54%
3 Month12.65%
6 Month32.25%
12 Month47.34%
2 Year104.76%
3 Year224.27%
5 Year613.63%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.81
ATR(20)%2.48%
ATR Inc-39.03%
Range Today0.9
ADR(20)1.6
ADR(20)%2.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.54
Mansfield1.72
10 Day High83.3
10 Day Low77.4
20 Day High83.3
20 Day Low70.7
52 Week High83.3
52 Week Low47.15
CS1 End74.71
CR1 Start81.4
Volume & EV
DER(3)-0.76%
DER(5)-2.88%
Volume4.59K
Volume Incr-31.38%
Vol(5)253.73K
Vol(50)287.73K