SOLSTAD OFFSHORE ASA (SOFF.OL) Stock Technical Analysis
Europe • Euronext Oslo • OSL:SOFF • NO0003080608
Taking everything into account, SOFF scores 7 out of 10 in our technical rating. 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.
- In the last month SOFF has a been trading in the 43.65 - 50.90 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, SOFF did better than 74% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- 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.
SOFF has an excellent technical rating, but the quality of the setup is only medium 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
39.45
We found 4 important support areas.
- A support zone ranging from 48.04 to 50.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @44.13 from a trend line in the weekly time frame.
- Support @41.73 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 | 74.8 | POSITIVE | SOFF.OL has a high relative strength, it outperformed 74.8% 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) | 66.85 | NEUTRAL | The RSI value for SOFF.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SOFF.OL has a positive trend. |
| Stochastics (14,3) | 90.57 | OVERBOUGHT | The high Stochastics value suggests SOFF.OL may be overbought. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for SOFF.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 33.27 | 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 |
|---|---|---|---|
| 50.91 | 46.99 | 3.92 (7.70%) | 12.99% |
| An entry @50.91. This is a Buy Stop order right above the 10 day high. | An exit @46.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.92 points, which is 7.70%. | For a 1.00% total portfolio risk, you can invest 12.99% of your capital in this trade. |
- 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 (1/30/2026, 7:00:00 PM)
50.8
+1.1 (+2.21%)
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 66.8465. 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 0.00832858, 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 50.19. Check the full technical report for our detailed analysis of SOFF.OL support and resistance levels.