SOLSTAD OFFSHORE ASA (SOFF.OL) Stock Technical Analysis
Europe - OSL:SOFF - NO0003080608 - Common Stock
Taking everything into account, SOFF scores 1 out of 10 in our technical rating. SOFF has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, SOFF 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 43.49, a Stop Loss order could be placed below this zone.
More info and screens
35.18
2 important support areas can be observed.
- A support zone ranging from 42.64 to 42.98. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @35.54 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 43.49 to 43.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 44.96 to 45.01. This zone is formed by a combination of multiple trend lines and important moving averages 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 SOFF.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SOFF.OL is down. |
| ChartMill Relative Strength | 58.31 | NEUTRAL | SOFF.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SOFF.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SOFF.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SOFF.OL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.32 | NEUTRAL | The RSI value for SOFF.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests SOFF.OL has a positive trend. |
| Stochastics (14,3) | 51.07 | NEUTRAL | The Stochastics value for SOFF.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.29 | MEDIUM VOLATILITY | The ATR as a percentage value for SOFF.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 40.72 | POSITIVE | The high ADX value value for SOFF.OL suggests a strong trend. |
OSL:SOFF (11/7/2025, 1:08:03 PM)
43.3
-0.3 (-0.69%)
SOLSTAD OFFSHORE ASA / SOFF.OL FAQ
What is the technical rating for SOFF stock?
ChartMill assigns a technical rating of 1 / 10 to SOFF.OL.
What is the trend direction for SOFF stock?
The current trend direction for SOLSTAD OFFSHORE ASA (SOFF.OL) is Bearish.
What is the RSI signal for SOFF stock?
SOLSTAD OFFSHORE ASA (SOFF.OL) has an RSI value of 38.3198. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SOLSTAD OFFSHORE ASA?
The short term momentum for SOLSTAD OFFSHORE ASA (SOFF.OL) is negative.
What is the support and resistance level for SOFF stock?
SOLSTAD OFFSHORE ASA (SOFF.OL) has a support level at 43.49 and a resistance level at 43.61. Check the full technical report for our detailed analysis of SOFF.OL support and resistance levels.