PETROLIA SE (PSE.OL) Stock Technical Analysis
OSL:PSE - Euronext Oslo - CY0102630916 - Common Stock - Currency: NOK
Taking everything into account, PSE scores 0 out of 10 in our technical rating. PSE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, PSE is a bad performer in the overall market: 86% of all stocks are doing better.
PSE is one of the lesser performing stocks in the Energy Equipment & Services industry. 74% of 36 stocks in the same industry do better.
PSE is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PSE is lagging the market.
Warning: PSE has an average volume of 3818 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month PSE has a been trading in the 3.65 - 4.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, PSE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 3.76, 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
3.66
4.30
When analyzing the support we notice one important area.
- A support zone ranging from 3.70 to 3.76. 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 3.87 to 4.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.24 to 4.26. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for PSE.OL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PSE.OL is neutral. |
| ChartMill Relative Strength | 14.81 | NEGATIVE | PSE.OL has a low relative strength, it was outperformed by 85.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PSE.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PSE.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PSE.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.85 | NEUTRAL | The RSI value for PSE.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PSE.OL has a negative trend. |
| Stochastics (14,3) | 38.18 | NEUTRAL | The Stochastics value for PSE.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.79 | HIGH VOLATILITY | The high ATR as a percentage value for PSE.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 14.84 | NEGATIVE | The low ADX value for PSE.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:PSE (6/17/2025, 7:00:00 PM)
3.8
-0.02 (-0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.52%
1 Week2.15%
2 Weeks-0.52%
1 Month-0.26%
3 Month-9.95%
6 Month-9.52%
12 Month-23.39%
2 Year-1.55%
3 Year-51.28%
5 Year26.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%5.79%
ATR Inc-13.09%
Range Today0.13
ADR(20)0.15
ADR(20)%3.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.81
Mansfield-2.31
10 Day High4.2
10 Day Low3.65
20 Day High4.2
20 Day Low3.65
52 Week High6.8
52 Week Low3.36
CS1 End3.76
CR1 Start3.87
Volume & EV
DER(3)0%
DER(5)0%
Volume2.60K
Volume Incr79.77%
Vol(5)5.50K
Vol(50)3.82K