ODFJELL DRILLING LTD (ODL.OL) Stock Technical Analysis
OSL:ODL • BMG671801022
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.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that ODL is one of the better performing stocks in the market, outperforming 90% of all stocks. On top of that, ODL also shows a nice and consistent pattern of rising prices.
- ODL is part of the Energy Equipment & Services industry. There are 37 other stocks in this industry. ODL outperforms 83% of them.
- ODL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month ODL has a been trading in the 91.80 - 105.20 range, which is quite wide. It is currently trading near the high of this range.
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
76.73
When analyzing the support we can see 4 important areas.
- A support zone ranging from 96.80 to 97.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 91.97 to 93.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @84.55 from a trend line in the daily time frame.
- Support @77.50 from a horizontal line in the daily time frame.
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 | 90.18 | POSITIVE | ODL.OL has a high relative strength, it outperformed 90.18% 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) | 76.2 | OVERBOUGHT | The high RSI value suggests ODL.OL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.6 | POSITIVE | The MACD value suggests ODL.OL has a positive trend. |
| Stochastics (14,3) | 91.6 | OVERBOUGHT | The high Stochastics value suggests ODL.OL may be overbought. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for ODL.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 41.01 | POSITIVE | The high ADX value value for ODL.OL suggests a strong trend. |
OSL:ODL (2/20/2026, 7:00:00 PM)
104.6
+1.4 (+1.36%)
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 current trend direction of ODFJELL DRILLING LTD (ODL.OL) 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 76.1961. This indicates that the stock is currently overbought.
Can you provide the MACD signal for ODFJELL DRILLING LTD?
The MACD indicator for ODFJELL DRILLING LTD (ODL.OL) has a value of 0.601686, indicating a bearish trend.
Can you provide the buy/sell signal for ODFJELL DRILLING LTD?
The buy/sell signal for ODFJELL DRILLING LTD (ODL.OL) is buy as both the short term and long term trends are positive.