ODFJELL TECHNOLOGY LTD (OTL.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:OTL - BMG6716L1081 - Common Stock
Overall OTL gets a technical rating of 4 out of 10. In the last year, OTL was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Although the technical rating is only medium, OTL does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 56.35. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 55.93, a Stop Loss order could be placed below this zone.
More info and screens
52.07
We found 3 important support areas.
- A support zone ranging from 55.62 to 55.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 53.90 to 53.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 52.60 to 52.99. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 56.35 to 58.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The short term trend for OTL.OL is neutral. |
| ChartMill Relative Strength | 61.94 | NEUTRAL | OTL.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OTL.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OTL.OL is below a declining 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) | 46.56 | NEUTRAL | The RSI value for OTL.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests OTL.OL has a negative trend. |
| Stochastics (14,3) | 42.75 | NEUTRAL | The Stochastics value for OTL.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.55 | MEDIUM VOLATILITY | The ATR as a percentage value for OTL.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 10.54 | NEGATIVE | The low ADX value for OTL.OL suggests a weak or negative trend. |
OSL:OTL (11/21/2025, 7:00:00 PM)
56
-1.3 (-2.27%)
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 4 / 10 to OTL.OL.
Can you provide the trend direction for ODFJELL TECHNOLOGY LTD?
The current trend direction for ODFJELL TECHNOLOGY LTD (OTL.OL) is Bullish.
Can you provide the RSI signal for ODFJELL TECHNOLOGY LTD?
ODFJELL TECHNOLOGY LTD (OTL.OL) has an RSI value of 46.56. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ODFJELL TECHNOLOGY LTD?
The MACD indicator for ODFJELL TECHNOLOGY LTD (OTL.OL) has a value of -0.0399309, indicating a bearish trend.
Can you provide the short term momentum for ODFJELL TECHNOLOGY LTD?
The short term momentum for ODFJELL TECHNOLOGY LTD (OTL.OL) is neutral.