ODFJELL TECHNOLOGY LTD (OTL.OL) Technical Analysis
OSL:OTL • BMG6716L1081
Current stock price
OTL.OL Technical Rating and Analysis
Overall OTL gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OTL is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, OTL did better than 94% of all other stocks. On top of that, OTL also shows a nice and consistent pattern of rising prices.
- OTL is part of the Energy Equipment & Services industry. There are 35 other stocks in this industry. OTL outperforms 76% of them.
- OTL is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so OTL is leading the market.
- In the last month OTL has a been trading in the 65.80 - 75.40 range, which is quite wide. It is currently trading near the high of this range.
OTL.OL Weekly and Daily overview Charts
OTL.OL Setup Rating and Analysis
Besides having an excellent technical rating, OTL also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 73.69, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
OTL.OL Support and Resistance Analysis
52.07
When analyzing the support we can see 6 important areas.
- A support zone ranging from 72.10 to 73.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 69.60 to 70.67. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 63.97 to 64.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @57.59 from a trend line in the weekly time frame.
- Support @55.10 from a trend line in the weekly time frame.
- Support @52.60 from a horizontal line in the daily time frame.
OTL.OL Technical Indicator Signal Analysis
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 | 94.37 | POSITIVE | OTL.OL has a high relative strength, it outperformed 94.37% 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) | 70.13 | OVERBOUGHT | The high RSI value suggests OTL.OL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests OTL.OL has a negative trend. |
| Stochastics (14,3) | 78.93 | NEUTRAL | The Stochastics value for OTL.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.68 | MEDIUM VOLATILITY | The ATR as a percentage value for OTL.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 30.69 | POSITIVE | The high ADX value value for OTL.OL suggests a strong trend. |
OTL.OL Chart- and CandleStick Pattern Analysis
OTL.OL Example Setup
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 |
|---|---|---|---|
| 75.41 | 72.09 | 3.32 (4.40%) | 22.71% |
| An entry @75.41. This is a Buy Stop order right above the 10 day high. | An exit @72.09. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.32 points, which is 4.40%. | For a 1.00% total portfolio risk, you can invest 22.71% of your capital in this trade. |
- 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.
OTL.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:OTL (3/27/2026, 7:00:00 PM)
73.7
+0.2 (+0.27%)
ODFJELL TECHNOLOGY LTD / OTL.OL TA FAQ
What is the ChartMill technical rating of ODFJELL TECHNOLOGY LTD (OTL.OL) stock?
ChartMill assigns a technical rating of 10 / 10 to OTL.OL.
What is the trend direction for OTL stock?
The current trend direction for ODFJELL TECHNOLOGY LTD (OTL.OL) is Bullish.
What is the RSI signal for ODFJELL TECHNOLOGY LTD (OTL.OL) stock?
ODFJELL TECHNOLOGY LTD (OTL.OL) has an RSI value of 70.1299. This indicates that the stock is currently overbought.
What is the MACD signal for OTL stock?
The MACD indicator for ODFJELL TECHNOLOGY LTD (OTL.OL) has a value of -0.00734292, indicating a bearish trend.
What is the short term momentum for OTL stock?
The short term momentum for ODFJELL TECHNOLOGY LTD (OTL.OL) is positive.