The Olso FoB Index rallied 10.86% during this week of trading to close at 105.99 NOK. The Oslo FoB Index closed just above a price moving average and the 104.23 NOK resistance zone on Friday.
Category Archives: Technical Analysis
15
Jan
Jan
The Oslo FoB Index has experienced a volatile couple of weeks of trading. Since last Friday, the Oslo FoB Index declined 20.55%.
08
Jan
Jan
The Oslo FoB Index spent this week digesting its gains from the prior two weeks with a modest .15% increase in price.
02
Jan
Jan
The Oslo FoB Index rallied another 16% this week. This is the second week in a row of impressive gains. During the last two weeks of trading the Oslo FoB Index has rallied 37.27%.
18
Dec
Dec
The Oslo FoB Index rallied 5.2% in this week of trading.
04
Dec
Dec
The Oslo FoB Index rallied 1.46% during this week of trading to Friday.
27
Nov
Nov
The Oslo FoB Index rallied 5.53% to 83.40 NOK during this week of trading. The Oslo FoB Index continues to make higher price highs and higher price lows.
20
Nov
Nov
The Oslo FoB Index spent the last several weeks in a tight trading range between 76 NOK and 80 NOK. The Oslo FoB Index closed at 79.03 NOK today and as seen in the chart, the Oslo FoB Index broke above the red down sloping trendline.
13
Nov
Nov
The Oslo FoB Index fell 2.53% in the last week of trading. The Oslo FoB Index tested and was rejected by its price moving averages just below the horizontal resistance zone at 81.16 NOK.
06
Nov
Nov
The Oslo FoB Index rallied 2.77% in the last week of trading. The Oslo FoB Index is holding above the price moving average in the mid 70’s NOK. The next area of resistance is the 81.16 NOK price. There are several moving averages bunched together near 81.16 NOK which should bring additional resistance for the Oslo FoB Index.
