SOLSTAD OFFSHORE ASA (SOFF.OL) Stock Technical Analysis
OSL:SOFF • NO0003080608
Taking everything into account, SOFF scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, SOFF has proven to be a steady performer, scoring decent points in every aspect analyzed.
- 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 87% of all stocks.
- SOFF is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 77% of 36 stocks in the same industry.
- SOFF is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SOFF is lagging the market slightly.
- In the last month SOFF has a been trading in the 48.00 - 54.50 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although SOFF has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
39.45
We found 5 important support areas.
- A support zone ranging from 49.84 to 50.22. 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 48.05 to 48.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @45.15 from a trend line in the weekly time frame.
- Support @41.56 from a trend line in the daily time frame.
- Support @39.85 from a horizontal line 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 | 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 | 87.81 | POSITIVE | SOFF.OL has a high relative strength, it outperformed 87.81% 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) | 72.03 | OVERBOUGHT | The high RSI value suggests SOFF.OL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests SOFF.OL has a positive trend. |
| Stochastics (14,3) | 82.34 | OVERBOUGHT | The high Stochastics value suggests SOFF.OL may be overbought. |
| Average True Range in percent/ATR (20) | 2.63 | MEDIUM VOLATILITY | The ATR as a percentage value for SOFF.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 19.38 | NEGATIVE | The low ADX value for SOFF.OL suggests a weak or negative trend. |
OSL:SOFF (2/26/2026, 4:19:20 PM)
54.2
+1.9 (+3.63%)
SOLSTAD OFFSHORE ASA / SOFF.OL 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 72.0325. 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 0.236621, 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 50.22. Check the full technical report for our detailed analysis of SOFF.OL support and resistance levels.