SOLSTAD MARITIME HOLDING AS (SOMA.OL) Stock Technical Analysis
OSL:SOMA - NO0013135368 - Common Stock
Taking everything into account, SOMA scores 6 out of 10 in our technical rating. 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.
SOMA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 25.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.89, a Stop Loss order could be placed below this zone.
More info and screens
23.27
2 important support areas can be observed.
- A support zone ranging from 24.20 to 24.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.50 to 23.78. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- 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 | 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) | 58.24 | NEUTRAL | The RSI value for SOMA.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SOMA.OL has a positive trend. |
| Stochastics (14,3) | 72.8 | 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) | 18.49 | NEGATIVE | The low ADX value for SOMA.OL suggests a weak or negative 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 |
|---|---|---|---|
| 25.67 | 24.19 | 1.48 (5.77%) | 17.34% |
| An entry @25.67. This is a Buy Stop order right above the resistance zone. | An exit @24.19. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.48 points, which is 5.77%. | For a 1.00% total portfolio risk, you can invest 17.34% 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:SOMA (8/29/2025, 7:00:00 PM)
25.39
+0.4 (+1.6%)