SOLSTAD MARITIME HOLDING AS (SOMA.OL) Stock Technical Analysis
Europe - OSL:SOMA - NO0013135368 - Common Stock
23.4 NOK
-0.05 (-0.21%)
Overall SOMA gets a technical rating of 2 out of 10. In the last year, SOMA was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
100% of all other stocks performed better in the past year than SOMA.
SOMA is one of the lesser performing stocks in the Energy Equipment & Services industry. 91% of 37 stocks in the same industry do better.
In the last month SOMA has a been trading in the 22.70 - 25.60 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Volume is considerably higher in the last couple of days.
SOMA has a poor technical rating and the quality of the setup is also 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
22.57
25.92
When analyzing the support we notice one important area.
- A support zone ranging from 22.80 to 22.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- Resistance @24.97 from a horizontal line in the daily time frame.
- A resistance zone ranging from 25.60 to 25.66. This zone is formed by a combination of multiple trend lines 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 SOMA.OL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SOMA.OL is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | SOMA.OL has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SOMA.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SOMA.OL is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 43.8 | NEUTRAL | The RSI value for SOMA.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SOMA.OL has a negative trend. |
| Stochastics (14,3) | 44.34 | NEUTRAL | The Stochastics value for SOMA.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.96 | MEDIUM VOLATILITY | The ATR as a percentage value for SOMA.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 18.99 | NEGATIVE | The low ADX value for SOMA.OL suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
OSL:SOMA (9/24/2025, 11:00:55 AM)
23.4
-0.05 (-0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.21%
1 Week2.63%
2 Weeks-0.64%
1 Month-5.06%
3 Month-2.78%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.72
ATR(20)%2.96%
ATR Inc12.49%
Range Today0.2
ADR(20)0.68
ADR(20)%2.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High25
10 Day Low22.7
20 Day High25.6
20 Day Low22.7
52 Week HighN/A
52 Week LowN/A
CS1 End22.9
CR1 Start24.97
Volume & EV
DER(3)1.82%
DER(5)3.42%
Volume11.75K
Volume Incr59.25%
Vol(5)400.24K
Vol(50)259.01K