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OKEA ASA (OKEA.OL) Stock Technical Analysis

OSL:OKEA - NO0010816895 - Common Stock

18.06 NOK
-0.6 (-3.22%)
Last: 9/5/2025, 4:17:28 PM
Technical Rating and Analysis

6

Taking everything into account, OKEA scores 6 out of 10 in our technical rating. In the last year, OKEA was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

61% of all other stocks performed better in the past year than OKEA.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
OKEA is part of the Oil, Gas & Consumable Fuels industry. There are 63 other stocks in this industry, OKEA did better than 54% of them.
OKEA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OKEA is lagging the market.
In the last month OKEA has a been trading in the 17.22 - 19.62 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
OKEA ASA / OKEA Weekly stock chart
OKEA ASA / OKEA Daily stock chart
Setup Rating and Analysis

3

OKEA has an average technical rating and it also 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.

Support and Resistance Analysis

16.61

20.54

3 important support areas can be observed.

  • A support zone ranging from 17.79 to 17.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 17.18 to 17.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 16.78 to 16.82. This zone is formed by a combination of multiple trend lines in the daily time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 18.78 to 19.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @20.34 from a trend line in the weekly time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for OKEA.OL is neutral.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for OKEA.OL is up.
ChartMill Relative Strength39.36NEUTRALOKEA.OL is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of OKEA.OL is below the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of OKEA.OL is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of OKEA.OL is below a declining SMA(200).
Relative Strength Index/RSI (14)55.24NEUTRALThe RSI value for OKEA.OL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.06POSITIVEThe MACD value suggests OKEA.OL has a positive trend, although the MACD value is declining.
Stochastics (14,3)70.28NEUTRALThe Stochastics value for OKEA.OL is a neutral value.
Average True Range in percent/ATR (20)2.92MEDIUM VOLATILITYThe ATR as a percentage value for OKEA.OL suggests some volalility.
Average Directional Index/ADX (14)17.13NEGATIVEThe low ADX value for OKEA.OL suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
OKEA ASA / OKEA Daily stock chart

OKEA ASA

OSL:OKEA (9/5/2025, 4:17:28 PM)

18.06

-0.6 (-3.22%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-3.22%
1 Week1.97%
2 Weeks5.3%
1 Month1.41%
3 Month9.64%
6 Month11.14%
12 Month-6.61%
2 Year-51.1%
3 Year-48.31%
5 Year142.34%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.6
ATR(20)%2.92%
ATR Inc-15.1%
Range Today0.52
ADR(20)0.49
ADR(20)%2.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.36
Mansfield-1.13
10 Day High19.62
10 Day Low17.72
20 Day High19.62
20 Day Low17.22
52 Week High24.74
52 Week Low14.66
CS1 End17.95
CR1 Start18.78
Volume & EV
DER(3)-0.3%
DER(5)-0.71%
Volume57.52K
Volume Incr-7.22%
Vol(5)310.15K
Vol(50)268.15K