SOLSTAD OFFSHORE ASA (SOFF.OL) Technical Analysis
OSL:SOFF • NO0003080608
Current stock price
SOFF.OL Technical Rating and Analysis
Overall SOFF 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, SOFF is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that SOFF is one of the better performing stocks in the market, outperforming 95% of all stocks.
- SOFF is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 86% of 37 stocks in the same industry.
- SOFF is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SOFF is leading the market.
- In the last month SOFF has a been trading in the 49.85 - 62.90 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SOFF.OL Weekly and Daily overview Charts
SOFF.OL Setup Rating and Analysis
Although SOFF has an excellent technical rating, it does not present a decent entry opportunity 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
SOFF.OL Support and Resistance Analysis
39.45
When analyzing the support we can see 6 important areas.
- A support zone ranging from 56.99 to 57.36. 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 52.74 to 52.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @48.05 from a horizontal line in the daily time frame.
- Support @46.16 from a trend line in the weekly time frame.
- Support @41.99 from a trend line in the daily time frame.
- Support @39.85 from a horizontal line in the daily time frame.
SOFF.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 SOFF.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SOFF.OL is up. |
| ChartMill Relative Strength | 95.8 | POSITIVE | SOFF.OL has a high relative strength, it outperformed 95.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SOFF.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SOFF.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SOFF.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.54 | OVERBOUGHT | The high RSI value suggests SOFF.OL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests SOFF.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.05 | OVERBOUGHT | The high Stochastics value suggests SOFF.OL may be overbought. |
| Average True Range in percent/ATR (20) | 3.35 | MEDIUM VOLATILITY | The ATR as a percentage value for SOFF.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 40.71 | POSITIVE | The high ADX value value for SOFF.OL suggests a strong trend. |
SOFF.OL Chart- and CandleStick Pattern Analysis
SOFF.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:SOFF (3/23/2026, 7:00:00 PM)
61.9
-0.5 (-0.8%)
SOLSTAD OFFSHORE ASA / SOFF.OL TA FAQ
What is the technical rating for SOFF stock?
ChartMill assigns a technical rating of 10 / 10 to SOFF.OL.
What is the current trend direction of SOLSTAD OFFSHORE ASA (SOFF.OL) stock?
The current trend direction for SOLSTAD OFFSHORE ASA (SOFF.OL) is Bullish.
Can you provide the RSI signal for SOLSTAD OFFSHORE ASA?
SOLSTAD OFFSHORE ASA (SOFF.OL) has an RSI value of 75.5379. This indicates that the stock is currently overbought.
What is the MACD signal for SOLSTAD OFFSHORE ASA (SOFF.OL) stock?
The MACD indicator for SOLSTAD OFFSHORE ASA (SOFF.OL) has a value of 0.338316, indicating a bearish trend.
What are the support and resistance levels for SOLSTAD OFFSHORE ASA (SOFF.OL) stock?
SOLSTAD OFFSHORE ASA (SOFF.OL) has a support level at 57.36. Check the full technical report for our detailed analysis of SOFF.OL support and resistance levels.