OKEA ASA (OKEA.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:OKEA - NO0010816895 - Common Stock
We assign a technical rating of 8 out of 10 to OKEA. Although OKEA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
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.
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17.15
We found 6 important support areas.
- Support @22.60 from a horizontal line in the daily time frame.
- A support zone ranging from 21.34 to 21.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 20.65 to 20.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.74 from a horizontal line in the daily time frame.
- A support zone ranging from 17.97 to 18.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.32 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.66 to 22.66. 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 OKEA.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OKEA.OL is up. |
| ChartMill Relative Strength | 64.35 | NEUTRAL | OKEA.OL is not amongst the best or worst performers 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) | 63.23 | NEUTRAL | The RSI value for OKEA.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests OKEA.OL has a positive trend. |
| Stochastics (14,3) | 72.59 | NEUTRAL | The Stochastics value for OKEA.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for OKEA.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 13.96 | NEGATIVE | The low ADX value for OKEA.OL suggests a weak or negative trend. |
OSL:OKEA (1/2/2026, 7:00:00 PM)
22.65
+0.3 (+1.34%)
OKEA ASA / OKEA.OL FAQ
What is the ChartMill technical rating of OKEA ASA (OKEA.OL) stock?
ChartMill assigns a technical rating of 8 / 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 63.2321. This indicates that the stock is currently neutral.
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 22.6 and a resistance level at 22.66. Check the full technical report for our detailed analysis of OKEA.OL support and resistance levels.