OKEA ASA (OKEA.OL) Stock Technical Analysis
OSL:OKEA - Euronext Oslo - NO0010816895 - Common Stock - Currency: NOK
We assign a technical rating of 1 out of 10 to OKEA. OKEA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
87% of all other stocks performed better in the past year than OKEA.
OKEA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OKEA is lagging the market.
OKEA is part of the Oil, Gas & Consumable Fuels industry. There are 59 other stocks in this industry, OKEA did better than 43% of them.
In the last month OKEA has a been trading in the 15.50 - 17.86 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
OKEA has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
16.77
23.45
We can see 5 important resistance areas.
- A resistance zone ranging from 16.98 to 17.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 17.80 to 17.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.04 from a trend line in the weekly time frame.
- A resistance zone ranging from 21.66 to 21.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @23.22 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 | DOWN | NEGATIVE | The long term trend for OKEA.OL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OKEA.OL is neutral. |
| ChartMill Relative Strength | 13.45 | NEGATIVE | OKEA.OL has a low relative strength, it was outperformed by 86.55% 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) | DOWN | NEGATIVE | The current price of OKEA.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OKEA.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.62 | NEUTRAL | The RSI value for OKEA.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests OKEA.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.48 | NEUTRAL | The Stochastics value for OKEA.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.56 | MEDIUM VOLATILITY | The ATR as a percentage value for OKEA.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 13.21 | NEGATIVE | The low ADX value for OKEA.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:OKEA (5/28/2025, 7:00:00 PM)
16.94
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0%
1 Week-1.4%
2 Weeks-1.17%
1 Month0.83%
3 Month-5.68%
6 Month-15.26%
12 Month-33.93%
2 Year-45%
3 Year-68.97%
5 Year114.43%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.56
ATR(20)%3.56%
ATR Inc-42.09%
Range Today0.26
ADR(20)0.56
ADR(20)%3.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.45
Mansfield-1.93
10 Day High17.86
10 Day Low16.58
20 Day High17.86
20 Day Low15.5
52 Week High26.4
52 Week Low14.66
CS1 EndN/A
CR1 Start16.98
Volume & EV
DER(3)0.39%
DER(5)-1.04%
Volume132.90K
Volume Incr-24.43%
Vol(5)189.07K
Vol(50)272.76K