Category Archives: Technical Analysis

The Oslo FoB Index fell 2.44% during this week of trading to end the week at 84.412 NOK. This has been another week of quiet trading in the Oslo FoB Index.

The Oslo FoB Index finished the week up 2.42% to finish the week at 86.52 NOK. This has been another week of very quiet price movement in the Oslo FoB Index.

The Oslo FoB Index fell 1.69% during this week of trading to finish the week at 84.48 NOK. The Oslo FoB Index is testing the 83.89 NOK horizontal support zone and the black upward sloping trendline.

The Oslo FoB Index fell 6.70% during this week of trading to end the week at 85.93 NOK. The Oslo FoB Index broke below the 87.64 NOK horizontal support zone and the brown upward sloping trendline.

The Oslo FoB Index rallied 1.21% during this week of trading to end the week at 92.10 NOK. The Oslo FoB Index has spent the month of February trending sideways.

The Oslo FoB Index traded down .21% this week to finish the week at 89.92 NOK. The price of the Oslo FoB Index spent the week bouncing around the 87.64 NOK horizontal support zone and near the green upsloping trendline.

The Oslo FoB Index closed the week down 3.01% to end the week at 90.11 NOK. I made a few updates to the horizontal support and resistance zones and I moved the green upward sloping trendline and that caught the low trade from Thursday of this week.

The Oslo FoB Index traded lower this week by 3.15% to finish the week at 92.90 NOK. The Oslo FoB Index is testing the 93.38 NOK horizontal support line and the grey diagonal support line that the Oslo FoB Index has used for support and resistance.

The Oslo FoB Index fell 10.39% this week to finish the week at 95.50 NOK. The Oslo FoB Index appears to have tested the 93.38 NOK horizontal support line and a newly introduced grey uptrend line drawn from prior price high and low.

The Oslo FoB Index fell 23.34% during this week of trading to finish the week at 106.57 NOK. I mentioned in last weeks update that the price of the Oslo FoB Index has a tendency experience sharp pull backs after this type of extraordinary seasonal price advance from the December 18th to December 31rst 2024.