OKEA ASA (OKEA.OL) Technical Analysis
OSL:OKEA • NO0010816895
Taking everything into account, OKEA scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, OKEA has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, OKEA did better than 94% of all other stocks. We also observe that the gains produced by OKEA over the past year are nicely spread over this period.
- OKEA is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 84% of 83 stocks in the same industry.
- OKEA 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 OKEA is lagging the market slightly.
- In the last month OKEA has a been trading in the 25.25 - 32.45 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
Although OKEA 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
17.15
5 important support areas can be observed.
- A support zone ranging from 27.98 to 28.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @24.35 from a trend line in the daily time frame.
- Support @22.60 from a horizontal line in the daily time frame.
- Support @18.53 from a trend line in the weekly time frame.
- Support @17.32 from a horizontal 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 OKEA.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OKEA.OL is up. |
| ChartMill Relative Strength | 94.22 | POSITIVE | OKEA.OL has a high relative strength, it outperformed 94.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OKEA.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OKEA.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OKEA.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.01 | OVERBOUGHT | The high RSI value suggests OKEA.OL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests OKEA.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.32 | NEUTRAL | The Stochastics value for OKEA.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.83 | MEDIUM VOLATILITY | The ATR as a percentage value for OKEA.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 48.55 | POSITIVE | The high ADX value value for OKEA.OL suggests a strong trend. |
OKEA.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:OKEA (3/10/2026, 4:19:57 PM)
30.8
-0.1 (-0.32%)
OKEA ASA / OKEA.OL FAQ
What is the ChartMill technical rating of OKEA ASA (OKEA.OL) stock?
ChartMill assigns a technical rating of 10 / 10 to OKEA.OL.
What is the current trend direction of OKEA ASA (OKEA.OL) stock?
The current trend direction for OKEA ASA (OKEA.OL) is Bullish.
Can you provide the RSI signal for OKEA ASA?
OKEA ASA (OKEA.OL) has an RSI value of 72.0132. This indicates that the stock is currently overbought.
What is the buy/sell signal for OKEA ASA (OKEA.OL) stock?
The buy/sell signal for OKEA ASA (OKEA.OL) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for OKEA ASA (OKEA.OL) stock?
OKEA ASA (OKEA.OL) has a support level at 28.09. Check the full technical report for our detailed analysis of OKEA.OL support and resistance levels.