OKEANIS ECO TANKERS CORP (OET.OL) Stock Technical Analysis
Europe • Euronext Oslo • OSL:OET • MHY641771016
We assign a technical rating of 8 out of 10 to OET. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OET is showing a nice and steady performance.
- 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 OET is one of the better performing stocks in the market, outperforming 80% of all stocks.
- OET is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 79% of 73 stocks in the same industry.
- OET 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 OET is lagging the market slightly.
- In the last month OET has a been trading in the 330.00 - 414.50 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Besides having an excellent technical rating, OET also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 374.49, a Stop Loss order could be placed below this zone.
More info and screens
339.72
When analyzing the support we can see 2 important areas.
- A support zone ranging from 364.26 to 374.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 343.15 to 343.48. 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 OET.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OET.OL is up. |
| ChartMill Relative Strength | 80 | POSITIVE | OET.OL has a high relative strength, it outperformed 80% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of OET.OL is below 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) | UP | POSITIVE | The current price of OET.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.28 | NEUTRAL | The RSI value for OET.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests OET.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 55.42 | NEUTRAL | The Stochastics value for OET.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.88 | MEDIUM VOLATILITY | The ATR as a percentage value for OET.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 16.67 | NEGATIVE | The low ADX value for OET.OL suggests a weak or negative 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 |
|---|---|---|---|
| 381.56 | 364.99 | 16.57 (4.34%) | 23.03% |
| An entry @381.56. This is a Buy Stop order right above the 10 day moving average. | An exit @364.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 16.57 points, which is 4.34%. | For a 1.00% total portfolio risk, you can invest 23.03% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of OET. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OSL:OET (2/4/2026, 4:20:05 PM)
381
-10.5 (-2.68%)
OKEANIS ECO TANKERS CORP / OET.OL FAQ
What is the ChartMill technical rating of OKEANIS ECO TANKERS CORP (OET.OL) stock?
ChartMill assigns a technical rating of 8 / 10 to OET.OL.
What is the trend direction for OET stock?
The current trend direction for OKEANIS ECO TANKERS CORP (OET.OL) is Bullish.
Can you provide the RSI signal for OKEANIS ECO TANKERS CORP?
OKEANIS ECO TANKERS CORP (OET.OL) has an RSI value of 58.2831. This indicates that the stock is currently neutral.
Can you provide the MACD signal for OKEANIS ECO TANKERS CORP?
The MACD indicator for OKEANIS ECO TANKERS CORP (OET.OL) has a value of -0.0846067, indicating a bearish trend.
What is the buy/sell signal for OET stock?
The buy/sell signal for OKEANIS ECO TANKERS CORP (OET.OL) is buy as both the short term and long term trends are positive.