SOLSTAD MARITIME HOLDING AS (SOMA.OL) Stock Technical Analysis
Europe - OSL:SOMA - NO0013135368 - Common Stock
17.58 NOK
-0.32 (-1.79%)
Taking everything into account, SOMA scores 0 out of 10 in our technical rating. SOMA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
100% of all other stocks performed better in the past year than SOMA.
SOMA is part of the Energy Equipment & Services industry. There are 35 other stocks in this industry, of which 94% are performing better than SOMA.
In the last month SOMA has a been trading in the 17.14 - 24.50 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
The technical rating of SOMA is bad and it also does not present a quality setup 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
17.40
25.86
When analyzing the resistance we notice 3 important areas.
- Resistance @24.24 from a trend line in the daily time frame.
- Resistance @24.97 from a horizontal line in the daily time frame.
- A resistance zone ranging from 25.60 to 25.60. 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 | NEUTRAL | NEUTRAL | The long term trend for SOMA.OL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SOMA.OL is down. |
| 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) | 20.6 | OVERSOLD | The low RSI value suggests SOMA.OL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.5 | NEGATIVE | The MACD value suggests SOMA.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.22 | OVERSOLD | The low Stochastics value suggests SOMA.OL may be oversold. |
| Average True Range in percent/ATR (20) | 4.93 | MEDIUM VOLATILITY | The ATR as a percentage value for SOMA.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 27.64 | POSITIVE | The high ADX value value for SOMA.OL suggests a strong 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 (10/17/2025, 7:00:00 PM)
17.58
-0.32 (-1.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-1.79%
1 Week-11.39%
2 Weeks-22.21%
1 Month-28.39%
3 Month-26.01%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.92
ATR(20)%4.93%
ATR Inc-3.45%
Range Today1.16
ADR(20)0.76
ADR(20)%4.34%
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 High23.2
10 Day Low17.14
20 Day High24.5
20 Day Low17.14
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start24.24
Volume & EV
DER(3)-0.43%
DER(5)-0.41%
Volume568.11K
Volume Incr50.08%
Vol(5)470.72K
Vol(50)308.90K