SOLSTAD MARITIME HOLDING AS (SOMA.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:SOMA - NO0013135368 - Common Stock
We assign a technical rating of 6 out of 10 to SOMA. SOMA has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, SOMA is a bad performer in the overall market: 100% of all stocks are doing better.
- SOMA is part of the Energy Equipment & Services industry. There are 36 other stocks in this industry, of which 88% are performing better than SOMA.
- The long and short term trends are both positive. This is looking good!
- In the last month SOMA has a been trading in the 17.36 - 21.10 range, which is quite wide. It is currently trading near the high of this range.
Although the technical rating is only medium, SOMA does present a nice setup opportunity. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
16.75
We found 3 important support areas.
- A support zone ranging from 19.60 to 19.91. 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 17.40 to 17.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.92 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 20.59 to 20.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @24.97 from a horizontal line in the daily time frame.
- Resistance @25.60 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 SOMA.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SOMA.OL is up. |
| 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) | UP | POSITIVE | The current price of SOMA.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SOMA.OL is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 67.67 | NEUTRAL | The RSI value for SOMA.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests SOMA.OL has a positive trend. |
| Stochastics (14,3) | 71.1 | NEUTRAL | The Stochastics value for SOMA.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for SOMA.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 28.88 | POSITIVE | The high ADX value value for SOMA.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 |
|---|---|---|---|
| 20.62 | 19.59 | 1.03 (5.00%) | 20.02% |
| An entry @20.62. This is a Buy Stop order right above the resistance zone. | An exit @19.59. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.03 points, which is 5.00%. | When investing 20.02% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of SOMA. 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.
OSL:SOMA (1/26/2026, 4:19:51 PM)
20.35
-0.25 (-1.21%)
SOLSTAD MARITIME HOLDING AS / SOMA.OL FAQ
What is the technical rating for SOMA stock?
ChartMill assigns a technical rating of 6 / 10 to SOMA.OL.
What is the current trend direction of SOLSTAD MARITIME HOLDING AS (SOMA.OL) stock?
The current trend direction for SOLSTAD MARITIME HOLDING AS (SOMA.OL) is Bullish.
What is the RSI signal for SOLSTAD MARITIME HOLDING AS (SOMA.OL) stock?
SOLSTAD MARITIME HOLDING AS (SOMA.OL) has an RSI value of 67.6652. This indicates that the stock is currently neutral.
What is the buy/sell signal for SOLSTAD MARITIME HOLDING AS (SOMA.OL) stock?
The buy/sell signal for SOLSTAD MARITIME HOLDING AS (SOMA.OL) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for SOLSTAD MARITIME HOLDING AS (SOMA.OL) stock?
SOLSTAD MARITIME HOLDING AS (SOMA.OL) has a support level at 19.91 and a resistance level at 20.61. Check the full technical report for our detailed analysis of SOMA.OL support and resistance levels.