OKEA ASA (OKEA.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:OKEA - NO0010816895 - Common Stock
21.1 NOK
+0.35 (+1.69%)
We assign a technical rating of 7 out of 10 to OKEA. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, OKEA is only an average performer.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
In the last month OKEA has a been trading in the 18.30 - 23.15 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When compared to the yearly performance of all other stocks, OKEA outperforms 53% of them, which is more or less in line with the market.
OKEA is part of the Oil, Gas & Consumable Fuels industry. There are 68 other stocks in this industry, OKEA did better than 64% 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.
OKEA has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
17.15
22.22
When analyzing the support we can see 4 important areas.
- A support zone ranging from 20.80 to 20.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.40 to 20.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.69 to 17.84. 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.
We found 1 important resistance area.
- Resistance @22.00 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The short term trend for OKEA.OL is neutral. |
| ChartMill Relative Strength | 53.68 | 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) | 56.5 | NEUTRAL | The RSI value for OKEA.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests OKEA.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.92 | NEUTRAL | The Stochastics value for OKEA.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.29 | MEDIUM VOLATILITY | The ATR as a percentage value for OKEA.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 24.38 | NEUTRAL | The ADX value for OKEA.OL suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 22.01 | 20.79 | 1.22 (5.54%) | 18.04% |
| An entry @22.01. This is a Buy Stop order right above the resistance zone. | An exit @20.79. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.22 points, which is 5.54%. | For a 1.00% total portfolio risk, you can invest 18.04% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of OKEA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OSL:OKEA (11/28/2025, 7:00:00 PM)
21.1
+0.35 (+1.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.69%
1 Week1.44%
2 Weeks-4.09%
1 Month15.55%
3 Month11.05%
6 Month25.15%
12 Month5.55%
2 Year-42.54%
3 Year-46.92%
5 Year124.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.82
ATR(20)%4.29%
ATR Inc-10.06%
Range Today0.45
ADR(20)0.79
ADR(20)%3.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.68
3 months CRS75.34
6 months CRS81.85
Mansfield0.16
10 Day High22.6
10 Day Low19.58
20 Day High23.15
20 Day Low18.3
52 Week High24
52 Week Low14.66
CS1 End20.99
CR1 Start22
Volume & EV
DER(3)-0.13%
DER(5)-1.54%
Volume260.41K
Volume Incr-28.23%
Vol(5)255.56K
Vol(50)291.93K
OKEA ASA / OKEA.OL FAQ
What is the ChartMill technical rating of OKEA ASA (OKEA.OL) stock?
ChartMill assigns a technical rating of 7 / 10 to OKEA.OL.
What is the trend direction for OKEA 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 56.4989. This indicates that the stock is currently neutral.
What is the short term momentum for OKEA stock?
The short term momentum for OKEA ASA (OKEA.OL) is neutral.