OKEANIS ECO TANKERS CORP (OET.OL) Stock Technical Analysis
Europe - OSL:OET - MHY641771016 - Common Stock
We assign a technical rating of 9 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.
OET has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 349.51. Right above this resistance zone may be a good entry point.
More info and screens
241.56
When analyzing the support we can see 5 important areas.
- A support zone ranging from 336.99 to 339.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 299.04 to 303.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @263.17 from a trend line in the weekly time frame.
- Support @249.21 from a trend line in the daily time frame.
- Support @244.00 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 349.51 to 350.51. 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 | 85.89 | POSITIVE | OET.OL has a high relative strength, it outperformed 85.89% 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) | 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) | 61.03 | NEUTRAL | The RSI value for OET.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests OET.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.23 | NEUTRAL | The Stochastics value for OET.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.82 | MEDIUM VOLATILITY | The ATR as a percentage value for OET.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 32.24 | POSITIVE | The high ADX value value for OET.OL suggests a strong 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 |
|---|---|---|---|
| 350.52 | 336.98 | 13.54 (3.86%) | 25.00% |
| An entry @350.52. This is a Buy Stop order right above the resistance zone. | An exit @336.98. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 13.54 points, which is 3.86%. | For a 0.97% 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 (11/7/2025, 7:00:00 PM)
339.5
-2.5 (-0.73%)
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 9 / 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 61.0295. 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 339.49 and a resistance level at 349.51. Check the full technical report for our detailed analysis of OET.OL support and resistance levels.