ODFJELL TECHNOLOGY LTD (OTL.OL) Stock Technical Analysis
OSL:OTL - BMG6716L1081 - Common Stock
58.7 NOK
-0.7 (-1.18%)
We assign a technical rating of 8 out of 10 to OTL. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, OTL is only an average performer.
The long and short term trends are both positive. This is looking good!
OTL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month OTL has a been trading in the 52.40 - 61.60 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, OTL did better than 75% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
OTL is an average performer in the Energy Equipment & Services industry, it outperforms 69% of 37 stocks in the same industry.
Besides having an excellent technical rating, OTL also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
48.61
60.11
3 important support areas can be observed.
- A support zone ranging from 52.47 to 53.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @51.33 from a trend line in the daily time frame.
- Support @49.10 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 58.71 to 59.51. 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 OTL.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OTL.OL is up. |
| ChartMill Relative Strength | 75.8 | POSITIVE | OTL.OL has a high relative strength, it outperformed 75.8% 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) | UP | POSITIVE | The current price of OTL.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.78 | NEUTRAL | The RSI value for OTL.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests OTL.OL has a negative trend. |
| Stochastics (14,3) | 62.2 | NEUTRAL | The Stochastics value for OTL.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.74 | MEDIUM VOLATILITY | The ATR as a percentage value for OTL.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 38.88 | POSITIVE | The high ADX value value for OTL.OL suggests a strong 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 |
|---|---|---|---|
| 59.52 | 56.49 | 3.03 (5.09%) | 19.64% |
| An entry @59.52. This is a Buy Stop order right above the resistance zone. | An exit @56.49. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.03 points, which is 5.09%. | When investing 19.64% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of OTL. 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:OTL (9/5/2025, 7:00:00 PM)
58.7
-0.7 (-1.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-1.18%
1 Week3.89%
2 Weeks4.08%
1 Month10.75%
3 Month18.35%
6 Month39.26%
12 Month17.64%
2 Year8.91%
3 Year161.59%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.12
ATR(20)%3.74%
ATR Inc-37.73%
Range Today1.5
ADR(20)2.05
ADR(20)%3.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.8
Mansfield1.16
10 Day High61.6
10 Day Low56.5
20 Day High61.6
20 Day Low52.4
52 Week High61.6
52 Week Low36.5
CS1 End53.61
CR1 Start58.71
Volume & EV
DER(3)-1.08%
DER(5)-0.5%
Volume18.14K
Volume Incr-18.89%
Vol(5)53.22K
Vol(50)42.60K