OKEA ASA (OKEA.OL) Technical Analysis
OSL:OKEA • NO0010816895
We assign a technical rating of 10 out of 10 to OKEA. 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!
- When comparing the yearly performance of all stocks, we notice that OKEA is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, OKEA also shows a nice and consistent pattern of rising prices.
- OKEA is part of the Oil, Gas & Consumable Fuels industry. There are 83 other stocks in this industry. OKEA outperforms 87% of them.
- A new 52 week high is currently being made by OKEA, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so OKEA is leading the market.
- In the last month OKEA has a been trading in the 25.25 - 32.50 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, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although OKEA has an excellent technical rating, it does not present a decent entry opportunity 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
When analyzing the support we can see 6 important areas.
- A support zone ranging from 31.94 to 32.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 28.34 to 28.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @24.49 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 | 95.1 | POSITIVE | OKEA.OL has a high relative strength, it outperformed 95.1% 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) | 73.84 | OVERBOUGHT | The high RSI value suggests OKEA.OL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests OKEA.OL has a positive trend. |
| Stochastics (14,3) | 84.89 | OVERBOUGHT | The high Stochastics value suggests OKEA.OL may be overbought. |
| Average True Range in percent/ATR (20) | 4.07 | MEDIUM VOLATILITY | The ATR as a percentage value for OKEA.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 50.38 | POSITIVE | The high ADX value value for OKEA.OL suggests a strong trend. |
OKEA.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:OKEA (3/13/2026, 4:19:46 PM)
32.25
+0.3 (+0.94%)
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 73.8429. 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 28.95. Check the full technical report for our detailed analysis of OKEA.OL support and resistance levels.