ODFJELL TECHNOLOGY LTD (OTL.OL) Stock Technical Analysis
OSL:OTL - Euronext Oslo - BMG6716L1081 - Common Stock - Currency: NOK
Overall OTL gets a technical rating of 7 out of 10. Although OTL is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
71% of all other stocks performed better in the past year than OTL.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month OTL has a been trading in the 40.45 - 50.40 range, which is quite wide. It is currently trading near the high of this range.
OTL is part of the Energy Equipment & Services industry. There are 35 other stocks in this industry, OTL did better than 61% of them.
OTL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OTL is lagging the market slightly.
Although OTL has an excellent technical rating, the quality of the presented setup is not ideal 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
47.56
53.03
When analyzing the support we can see 2 important areas.
- A support zone ranging from 49.25 to 49.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 48.04 to 48.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 49.80 to 49.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @52.50 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 OTL.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OTL.OL is up. |
| ChartMill Relative Strength | 29.09 | NEGATIVE | OTL.OL has a low relative strength, it was outperformed by 70.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OTL.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OTL.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of OTL.OL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.16 | NEUTRAL | The RSI value for OTL.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.51 | POSITIVE | The MACD value suggests OTL.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.98 | OVERBOUGHT | The high Stochastics value suggests OTL.OL may be overbought. |
| Average True Range in percent/ATR (20) | 3.32 | MEDIUM VOLATILITY | The ATR as a percentage value for OTL.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 19.05 | NEGATIVE | The low ADX value for OTL.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:OTL (5/28/2025, 7:00:00 PM)
49.55
+0.9 (+1.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg1.85%
1 Week0.1%
2 Weeks15.5%
1 Month19.4%
3 Month9.87%
6 Month5.31%
12 Month-23.3%
2 Year14.3%
3 Year79.53%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.93
ATR(20)%3.32%
ATR Inc-37.84%
Range Today1.05
ADR(20)1.49
ADR(20)%3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.09
Mansfield-0.22
10 Day High50.4
10 Day Low41
20 Day High50.4
20 Day Low40.45
52 Week High64.8
52 Week Low36.5
CS1 End49.54
CR1 Start49.8
Volume & EV
DER(3)-0.02%
DER(5)-0.21%
Volume19.98K
Volume Incr3.4%
Vol(5)47.10K
Vol(50)42.96K