OKEANIS ECO TANKERS CORP (OET.OL) Stock Technical Analysis
OSL:OET - MHY641771016 - Common Stock
293 NOK
+11 (+3.9%)
Overall OET gets a technical rating of 8 out of 10. Although OET is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
In the last month OET has a been trading in the 245.00 - 283.00 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, OET outperforms 52% of them, which is more or less in line with the market.
OET is part of the Oil, Gas & Consumable Fuels industry. There are 63 other stocks in this industry, OET did better than 69% of them.
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.
Although OET 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
230.81
295.93
When analyzing the support we can see 3 important areas.
- A support zone ranging from 282.01 to 286.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 241.99 to 244.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @233.14 from a trend 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 OET.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OET.OL is up. |
| ChartMill Relative Strength | 52.66 | NEUTRAL | OET.OL is not amongst the best or worst performers 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) | 64.63 | NEUTRAL | The RSI value for OET.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests OET.OL has a positive trend. |
| Stochastics (14,3) | 82.43 | OVERBOUGHT | The high Stochastics value suggests OET.OL may be overbought. |
| Average True Range in percent/ATR (20) | 2.96 | MEDIUM VOLATILITY | The ATR as a percentage value for OET.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 19.92 | 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 (9/8/2025, 3:32:42 PM)
293
+11 (+3.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg3.9%
1 Week1.81%
2 Weeks1.62%
1 Month9.73%
3 Month25.89%
6 Month20%
12 Month-12.01%
2 Year2.17%
3 Year88.5%
5 Year389.58%
10 YearN/A
15 YearN/A
Volatility
ATR(14)8.46
ATR(20)%2.96%
ATR Inc0%
Range Today9
ADR(20)7.63
ADR(20)%2.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.66
Mansfield-0.1
10 Day High283
10 Day Low263
20 Day High283
20 Day Low245
52 Week High376.5
52 Week Low185
CS1 End244
CR1 Start282.01
Volume & EV
DER(3)3.07%
DER(5)0.75%
Volume17.09K
Volume Incr-5.05%
Vol(5)57.22K
Vol(50)56.10K