SOLSTAD OFFSHORE ASA (SOFF.OL) Stock Technical Analysis
Europe • Euronext Oslo • OSL:SOFF • NO0003080608
Overall SOFF gets a technical rating of 7 out of 10. In the last year, SOFF was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- Both the short term and long term trends are positive. This is a very positive sign.
- SOFF is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- When compared to the yearly performance of all other stocks, SOFF outperforms 68% of them, which is more or less in line with the market.
- SOFF is part of the Energy Equipment & Services industry. There are 36 other stocks in this industry, SOFF did better than 65% of them.
- SOFF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SOFF is lagging the market.
Besides having an excellent technical rating, SOFF also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.
- 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
39.45
We found 4 important support areas.
- Support @48.94 from a horizontal line in the daily time frame.
- Support @44.39 from a trend line in the weekly time frame.
- A support zone ranging from 41.83 to 41.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @39.85 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 49.50 to 50.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 68.29 | NEUTRAL | SOFF.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SOFF.OL is below 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) | 54.07 | NEUTRAL | The RSI value for SOFF.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests SOFF.OL has a negative trend. |
| Stochastics (14,3) | 63.25 | NEUTRAL | The Stochastics value for SOFF.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for SOFF.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 26.15 | POSITIVE | The high ADX value value for SOFF.OL suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 50.82 | 48.93 | 1.89 (3.72%) | 25.00% |
| An entry @50.82. This is a Buy Stop order right above the resistance zone. | An exit @48.93. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.89 points, which is 3.72%. | For a 0.93% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SOFF. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OSL:SOFF (2/5/2026, 4:11:54 PM)
48.95
-0.5 (-1.01%)
SOLSTAD OFFSHORE ASA / SOFF.OL FAQ
What is the technical rating for SOFF stock?
ChartMill assigns a technical rating of 7 / 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 54.0713. This indicates that the stock is currently neutral.
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 -0.243261, 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 48.94 and a resistance level at 49.5. Check the full technical report for our detailed analysis of SOFF.OL support and resistance levels.