OKEA ASA (OKEA.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:OKEA - NO0010816895 - Common Stock
We assign a technical rating of 6 out of 10 to OKEA. In the last year, OKEA was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
OKEA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 22.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.01, a Stop Loss order could be placed below this zone.
More info and screens
17.15
4 important support areas can be observed.
- A support zone ranging from 20.85 to 21.01. 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 18.03 to 18.24. 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 22.60 to 22.65. 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 | NEUTRAL | NEUTRAL | The short term trend for OKEA.OL is neutral. |
| ChartMill Relative Strength | 49.29 | NEUTRAL | OKEA.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of OKEA.OL is above a declining 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) | 54.27 | NEUTRAL | The RSI value for OKEA.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests OKEA.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.72 | NEUTRAL | The Stochastics value for OKEA.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.13 | MEDIUM VOLATILITY | The ATR as a percentage value for OKEA.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 11.88 | NEGATIVE | The low ADX value for OKEA.OL suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 22.66 | 20.84 | 1.82 (8.03%) | 12.45% |
| An entry @22.66. This is a Buy Stop order right above the resistance zone. | An exit @20.84. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.82 points, which is 8.03%. | For a 1.00% total portfolio risk, you can invest 12.45% of your capital in this trade. |
- 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 (1/9/2026, 4:10:22 PM)
21.9
+0.65 (+3.06%)
OKEA ASA / OKEA.OL FAQ
What is the ChartMill technical rating of OKEA ASA (OKEA.OL) stock?
ChartMill assigns a technical rating of 6 / 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 54.2737. This indicates that the stock is currently neutral.
What are the support and resistance levels for OKEA ASA (OKEA.OL) stock?
OKEA ASA (OKEA.OL) has a support level at 21.01 and a resistance level at 22.6. Check the full technical report for our detailed analysis of OKEA.OL support and resistance levels.