SOLSTAD OFFSHORE ASA (SOFF.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:SOFF - NO0003080608 - Common Stock
We assign a technical rating of 0 out of 10 to SOFF. SOFF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
SOFF has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
35.40
When analyzing the support we can see 4 important areas.
- Support @41.84 from a horizontal line in the weekly time frame.
- A support zone ranging from 40.99 to 41.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @39.85 from a horizontal line in the daily time frame.
- Support @35.76 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 42.42 to 43.71. 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 | 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 | 15.05 | NEGATIVE | SOFF.OL has a low relative strength, it was outperformed by 84.95% off all stocks 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) | 38.22 | NEUTRAL | The RSI value for SOFF.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests SOFF.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 20.22 | NEUTRAL | The Stochastics value for SOFF.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.23 | MEDIUM VOLATILITY | The ATR as a percentage value for SOFF.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 24.37 | NEUTRAL | The ADX value for SOFF.OL suggests a possible start of a new trend. |
OSL:SOFF (11/28/2025, 7:00:00 PM)
41.85
-0.45 (-1.06%)
SOLSTAD OFFSHORE ASA / SOFF.OL FAQ
What is the technical rating for SOFF stock?
ChartMill assigns a technical rating of 0 / 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 38.2172. 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 41.84 and a resistance level at 42.42. Check the full technical report for our detailed analysis of SOFF.OL support and resistance levels.