SOLSTAD MARITIME HOLDING AS (SOMA.OL) Stock Technical Analysis
OSL:SOMA - Euronext Oslo - NO0013135368 - Common Stock - Currency: NOK
Taking everything into account, SOMA scores 4 out of 10 in our technical rating. In the last year, SOMA was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
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 Marine Transportation industry. There are 20 other stocks in this industry, of which 89% are performing better than SOMA.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month SOMA has a been trading in the 22.16 - 25.60 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Although the technical rating is only medium, SOMA does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
21.49
25.86
2 important support areas can be observed.
- A support zone ranging from 23.76 to 23.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.71 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- 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 | 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 | MIXED | The current price of SOMA.OL is below the rising SMA(20). |
| Relative Strength Index/RSI (14) | 53.59 | NEUTRAL | The RSI value for SOMA.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.43 | NEGATIVE | The MACD value suggests SOMA.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.74 | NEUTRAL | The Stochastics value for SOMA.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.41 | MEDIUM VOLATILITY | The ATR as a percentage value for SOMA.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 23.2 | NEUTRAL | The ADX value for SOMA.OL suggests a possible start of a new 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 (7/22/2025, 7:00:00 PM)
24.32
+0.23 (+0.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg0.98%
1 Week-1.02%
2 Weeks-2.01%
1 Month9.55%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.76
ATR(20)%3.41%
ATR Inc14.74%
Range Today0.8
ADR(20)0.78
ADR(20)%3.21%
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 High25.6
10 Day Low23.31
20 Day High25.6
20 Day Low22.16
52 Week HighN/A
52 Week LowN/A
CS1 End23.76
CR1 Start25.6
Volume & EV
DER(3)0%
DER(5)0%
Volume197.21K
Volume Incr-38.28%
Vol(5)190.23K
Vol(50)N/A