The Oslo FoB Index fell 9.46% during this week of trading to end the week at 74.69 NOK. The Oslo FoB Index is below the 76.25 horizontal support zone and is very close to a horizontal resistance zone.
Tag Archives: Technincal Analysis
09
Jun
Jun
The Oslo FoB Index rallied 22.99% during this week of trading to end the week at 82.49 NOK. The Oslo FoB Index broke above three horizontal resistance zones and three trendlines during this week of trading.
02
Jun
Jun
The Oslo FoB Index rallied 4.43% this week to finish the week at 67.07 NOK. The 64.46 NOK horizontal support zone and the brown trendline that connects the previous two years price lows appears to have slowed down the decline of the Oslo FoB Index.
27
May
May
The Oslo FoB Index finished the week at 64.23 NOK, down 14.18% for the week of trading. The Oslo FoB Index broke below the confluence of support near the 72 NOK and the green downward sloping support line.
19
May
May
The Oslo FoB Index rallied 24% to finish the week at 74.84 NOK. It was another week of quiet trading and price movement for the Index.
28
Apr
Apr
The Oslo FoB Index traded down 25.25% during this week of trading to close the week at 71.89 NOK. The Oslo FoB Index is currently testing the pink horizontal confluence zone and the purple up trending line that connects previous years price lows.
22
Apr
Apr
The Oslo FoB Index fell 3.90% during this week of trading, finishing the week at 97.16 NOK. There was very little price movement during this week of trading.
15
Apr
Apr
The Oslo FoB Index had an impressive rally during this week of trading to finish the week at 100.10 NOK. The Oslo FoB Index rallied 30.74% during the week.
07
Apr
Apr
The Oslo FoB Index rallied 4.52% to finish the week at 76.56 NOK. The Oslo FoB Index came close the 69.83 NOK horizontal support zone and the purple upward sloping trendline that connects several past seasonal price lows.
31
Mar
Mar
The Oslo FoB Index fell 13.22% during this week of trading to end the week at 73.25 NOK. The black upward sloping trendline failed, the Oslo FoB Index fell through several horizontal support lines during this week of trading.
