OKEANIS ECO TANKERS CORP (OET.OL) Stock Technical Analysis
OSL:OET - Euronext Oslo - MHY641771016 - Common Stock - Currency: NOK
Taking everything into account, OET scores 4 out of 10 in our technical rating. In the last year, OET was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, OET is a bad performer in the overall market: 86% of all stocks are doing better.
OET is part of the Oil, Gas & Consumable Fuels industry. There are 58 other stocks in this industry, of which 66% are performing better than OET.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month OET has a been trading in the 219.00 - 252.00 range, which is quite wide. It is currently trading near the high of this range.
OET is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OET is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
OET has an average technical rating and it also 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
213.83
282.31
We found 3 important support areas.
- A support zone ranging from 238.50 to 239.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 232.83 to 234.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 215.99 to 223.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @257.51 from a horizontal line in the daily time frame.
- Resistance @279.51 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for OET.OL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OET.OL is up. |
| ChartMill Relative Strength | 14.85 | NEGATIVE | OET.OL has a low relative strength, it was outperformed by 85.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OET.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of OET.OL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OET.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.66 | NEUTRAL | The RSI value for OET.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.42 | POSITIVE | The MACD value suggests OET.OL has a positive trend. |
| Stochastics (14,3) | 81.63 | OVERBOUGHT | The high Stochastics value suggests OET.OL may be overbought. |
| Average True Range in percent/ATR (20) | 3.45 | MEDIUM VOLATILITY | The ATR as a percentage value for OET.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 14.75 | NEGATIVE | The low ADX value for OET.OL suggests a weak or negative 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:OET (7/30/2025, 4:16:44 PM)
249
+1.5 (+0.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.61%
1 Week7.61%
2 Weeks4.21%
1 Month14.58%
3 Month1.02%
6 Month-9.84%
12 Month-23.61%
2 Year0.61%
3 Year100.89%
5 Year322.36%
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.32
ATR(20)%3.45%
ATR Inc-1.87%
Range Today6
ADR(20)7.95
ADR(20)%3.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.85
Mansfield-1.47
10 Day High252
10 Day Low227.5
20 Day High252
20 Day Low219
52 Week High376.5
52 Week Low185
CS1 End239.85
CR1 Start257.51
Volume & EV
DER(3)-1.22%
DER(5)-0.2%
Volume17.46K
Volume Incr68.01%
Vol(5)68.49K
Vol(50)56.23K