ODFJELL TECHNOLOGY LTD (OTL.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:OTL - BMG6716L1081 - Common Stock
Overall OTL gets a technical rating of 6 out of 10. In the last year, OTL was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- Warning: OTL has an average volume of 28104 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- OTL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so OTL is lagging the market slightly.
- In the last month OTL has a been trading in the 53.20 - 59.60 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, OTL turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
- OTL is part of the Energy Equipment & Services industry. There are 36 other stocks in this industry, OTL did better than 62% of them.
- Considerably lower volume is observed in the last couple of days.
OTL has an average technical rating and it also does not offer a high quality setup 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
52.07
We found 4 important support areas.
- A support zone ranging from 58.08 to 58.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 55.95 to 57.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 54.43 to 54.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 52.60 to 52.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 62.80 to 63.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @64.80 from a horizontal line in the weekly 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 | 66.11 | NEUTRAL | OTL.OL is not amongst the best or worst performers 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) | 60.75 | NEUTRAL | The RSI value for OTL.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests OTL.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.85 | NEUTRAL | The Stochastics value for OTL.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for OTL.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 27.26 | POSITIVE | The high ADX value value for OTL.OL suggests a strong trend. |
OSL:OTL (1/27/2026, 2:04:06 PM)
58.85
+0.45 (+0.77%)
ODFJELL TECHNOLOGY LTD / OTL.OL FAQ
What is the ChartMill technical rating of ODFJELL TECHNOLOGY LTD (OTL.OL) stock?
ChartMill assigns a technical rating of 6 / 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 60.7526. This indicates that the stock is currently neutral.
What is the MACD signal for OTL stock?
The MACD indicator for ODFJELL TECHNOLOGY LTD (OTL.OL) has a value of -0.0036122, 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.