OSL:OLT - Euronext Oslo - NO0005638858 - Common Stock - Currency: NOK
We assign a technical rating of 8 out of 10 to OLT. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OLT is showing a nice and steady performance.
Besides having an excellent technical rating, OLT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 256.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 254.10, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
216.80
We found 5 important support areas.
When analyzing the resistance we notice one important area.
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 |
---|---|---|---|
261.02 | 248.18 | 12.84 (4.92%) | 20.33% |
An entry @261.02. This is a Buy Stop order right above the resistance zone. | An exit @248.18. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 12.84 points, which is 4.92%. | When investing 20.33% of your capital in this trade, your total portfolio risk will be 1.00%. |
OSL:OLT (5/5/2025, 3:22:26 PM)
256.5
+1.5 (+0.59%)