OKEANIS ECO TANKERS CORP (OET.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:OET - MHY641771016 - Common Stock
Overall OET gets a technical rating of 10 out of 10. Both in the recent history as in the last year, OET has proven to be a steady performer, scoring decent points in every aspect analyzed.
OET has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for OET in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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241.56
When analyzing the support we can see 3 important areas.
- Support @356.49 from a horizontal line in the daily time frame.
- Support @320.46 from a trend line in the daily time frame.
- Support @244.00 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 363.68 to 366.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 372.32 to 381.01. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 93.18 | POSITIVE | OET.OL has a high relative strength, it outperformed 93.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OET.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OET.OL is above the rising 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) | 50.74 | NEUTRAL | The RSI value for OET.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.16 | NEGATIVE | The MACD value suggests OET.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.55 | NEUTRAL | The Stochastics value for OET.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for OET.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 17.54 | 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 |
|---|---|---|---|
| 366.11 | 356.48 | 9.63 (2.63%) | 25.00% |
| An entry @366.11. This is a Buy Stop order right above the resistance zone. | An exit @356.48. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 9.63 points, which is 2.63%. | For a 0.66% total portfolio risk, you can invest 25.00% 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 (12/11/2025, 4:19:47 PM)
363
+1.5 (+0.41%)
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 10 / 10 to OET.OL.
What is the current trend direction of OKEANIS ECO TANKERS CORP (OET.OL) 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 50.7378. This indicates that the stock is currently neutral.
What is the buy/sell signal for OKEANIS ECO TANKERS CORP (OET.OL) 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.
Can you provide the support and resistance levels for OKEANIS ECO TANKERS CORP?
OKEANIS ECO TANKERS CORP (OET.OL) has a support level at 356.49 and a resistance level at 363.68. Check the full technical report for our detailed analysis of OET.OL support and resistance levels.