Tag Archives: Technincal Analysis

The Oslo FoB Index fell 3.28% during this week’s trading. The Oslo FoB Index broke below the green dotted support trendline and is continuing to use the red trendline as resistance.

The Oslo FoB Index fell 5.18% during this week of trading. The Oslo FoB Index is holding above the 112.20 NOK horizontal support zone and the price low of 112.81 NOK from February 29th, 2024.

The Oslo FoB Index closed this week’s trading at 119.90 NOK, down .05 NOK from last Friday’s close. The solid green support trend line was breached this week.

The Oslo FoB Index rallied a modest 0.89% in this week of trading. The Oslo FoB Index is continuing its pattern of making higher highs and higher lows.

The Oslo FoB Index rallied 8.43% in the last week of trading to close at 118.69 NOK. The Oslo FoB Index spent most of the week continuing to digest some of its recent gains.

The Oslo FoB Index continues to make higher highs and higher lows. The Oslo FoB Index is testing the green diagonal trendline that has offered support since the beginning of the year.

The Oslo FoB Index spent most of the week digesting its gains from earlier in the month to close at 109 NOK. This is an increase of 3.26% from last Friday’s close.

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.

The Oslo FoB Index has experienced a volatile couple of weeks of trading. Since last Friday, the Oslo FoB Index declined 20.55%.

The Oslo FoB Index spent this week digesting its gains from the prior two weeks with a modest .15% increase in price.