SOLSTAD OFFSHORE ASA (SOFF.OL) Technical Analysis
OSL:SOFF • NO0003080608
Current stock price
SOFF.OL Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to SOFF. 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.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that SOFF is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, SOFF also shows a nice and consistent pattern of rising prices.
- SOFF is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 74% 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.
- 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.
SOFF.OL Weekly and Daily overview Charts
SOFF.OL Setup Rating and Analysis
SOFF has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
SOFF.OL Support and Resistance Analysis
46.46
When analyzing the support we can see 4 important areas.
- A support zone ranging from 66.39 to 66.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @55.12 from a trend line in the daily time frame.
- Support @48.05 from a horizontal line in the daily time frame.
- Support @46.93 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @70.00 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 | 91.76 | POSITIVE | SOFF.OL has a high relative strength, it outperformed 91.76% 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) | 57.6 | NEUTRAL | The RSI value for SOFF.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests SOFF.OL has a negative trend. |
| Stochastics (14,3) | 70.21 | NEUTRAL | The Stochastics value for SOFF.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.75 | MEDIUM VOLATILITY | The ATR as a percentage value for SOFF.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 44.92 | POSITIVE | The high ADX value value for SOFF.OL suggests a strong trend. |
SOFF.OL Chart- and CandleStick Pattern Analysis
SOFF.OL Example Setup
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 |
|---|---|---|---|
| 70.01 | 66.38 | 3.63 (5.18%) | 19.29% |
| An entry @70.01. This is a Buy Stop order right above the resistance zone. | An exit @66.38. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.63 points, which is 5.18%. | For a 1.00% total portfolio risk, you can invest 19.29% 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.
SOFF.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:SOFF (4/16/2026, 10:50:37 AM)
66.9
+0.5 (+0.75%)
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.
What is the RSI signal for SOLSTAD OFFSHORE ASA (SOFF.OL) stock?
SOLSTAD OFFSHORE ASA (SOFF.OL) has an RSI value of 57.5953. 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 positive.
What is the support and resistance level for SOFF stock?
SOLSTAD OFFSHORE ASA (SOFF.OL) has a support level at 66.39 and a resistance level at 70. Check the full technical report for our detailed analysis of SOFF.OL support and resistance levels.