OSL ยท EQUITY ยท ENHANCED MARKET DYNAMICS

DDRIL

Dolphin Drilling AS

NO ยท Energy ยท Oil & Gas Drilling

EMD SCORE28/100

CURRENT COMPLETED-WEEK READ

Defensive

The latest completed-week readings are broadly cautious. Conditions are cautious and have weakened over the latest four completed weeks.

Deterioration67% directional agreement89% evidence confidence
Completed week
11 Sep 2026
Latest close
NOK 2.15
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

0 supportive ยท 5 cautious

Enhanced Market Dynamics and the price cycle156 completed weeks ยท bars use the left EMD axis; price uses the right axis.
22 Sep 2023โ€“11 Sep 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท NOK +100+500-50-100 351.73166.99-17.75 22 Sep 2023 ยท EMD 36/100 ยท close 310.76 29 Sep 2023 ยท EMD 42/100 ยท close 314.50 6 Oct 2023 ยท EMD 35/100 ยท close 286.48 13 Oct 2023 ยท EMD 43/100 ยท close 299.24 20 Oct 2023 ยท EMD 41/100 ยท close 331.94 27 Oct 2023 ยท EMD 32/100 ยท close 318.24 3 Nov 2023 ยท EMD 35/100 ยท close 311.39 10 Nov 2023 ยท EMD 39/100 ยท close 313.88 17 Nov 2023 ยท EMD 35/100 ยท close 314.50 24 Nov 2023 ยท EMD 38/100 ยท close 317.62 1 Dec 2023 ยท EMD 26/100 ยท close 270.28 8 Dec 2023 ยท EMD 30/100 ยท close 246.31 15 Dec 2023 ยท EMD 31/100 ยท close 228.87 22 Dec 2023 ยท EMD 41/100 ยท close 258.45 29 Dec 2023 ยท EMD 38/100 ยท close 263.75 5 Jan 2024 ยท EMD 36/100 ยท close 255.34 12 Jan 2024 ยท EMD 35/100 ยท close 231.98 19 Jan 2024 ยท EMD 33/100 ยท close 221.09 26 Jan 2024 ยท EMD 33/100 ยท close 229.80 2 Feb 2024 ยท EMD 27/100 ยท close 217.04 9 Feb 2024 ยท EMD 32/100 ยท close 217.97 16 Feb 2024 ยท EMD 30/100 ยท close 207.70 23 Feb 2024 ยท EMD 34/100 ยท close 223.89 1 Mar 2024 ยท EMD 32/100 ยท close 216.41 8 Mar 2024 ยท EMD 33/100 ยท close 208.63 15 Mar 2024 ยท EMD 37/100 ยท close 199.29 22 Mar 2024 ยท EMD 34/100 ยท close 188.39 29 Mar 2024 ยท EMD 40/100 ยท close 206.45 5 Apr 2024 ยท EMD 39/100 ยท close 209.25 12 Apr 2024 ยท EMD 43/100 ยท close 207.07 19 Apr 2024 ยท EMD 38/100 ยท close 189.95 26 Apr 2024 ยท EMD 42/100 ยท close 199.91 3 May 2024 ยท EMD 34/100 ยท close 176.87 10 May 2024 ยท EMD 37/100 ยท close 180.60 17 May 2024 ยท EMD 37/100 ยท close 178.74 24 May 2024 ยท EMD 28/100 ยท close 140.12 31 May 2024 ยท EMD 36/100 ยท close 137.94 7 Jun 2024 ยท EMD 27/100 ยท close 124.87 14 Jun 2024 ยท EMD 29/100 ยท close 129.38 21 Jun 2024 ยท EMD 27/100 ยท close 128.91 28 Jun 2024 ยท EMD 28/100 ยท close 132.96 5 Jul 2024 ยท EMD 39/100 ยท close 158.81 12 Jul 2024 ยท EMD 33/100 ยท close 142.62 19 Jul 2024 ยท EMD 33/100 ยท close 140.12 26 Jul 2024 ยท EMD 36/100 ยท close 154.45 2 Aug 2024 ยท EMD 31/100 ยท close 152.11 9 Aug 2024 ยท EMD 37/100 ยท close 145.73 16 Aug 2024 ยท EMD 33/100 ยท close 133.12 23 Aug 2024 ยท EMD 38/100 ยท close 131.41 30 Aug 2024 ยท EMD 41/100 ยท close 130.78 6 Sep 2024 ยท EMD 36/100 ยท close 121.44 13 Sep 2024 ยท EMD 34/100 ยท close 104.94 20 Sep 2024 ยท EMD 33/100 ยท close 97.15 27 Sep 2024 ยท EMD 40/100 ยท close 99.80 4 Oct 2024 ยท EMD 35/100 ยท close 115.21 11 Oct 2024 ยท EMD 40/100 ยท close 120.66 18 Oct 2024 ยท EMD 41/100 ยท close 124.56 25 Oct 2024 ยท EMD 45/100 ยท close 133.90 1 Nov 2024 ยท EMD 40/100 ยท close 129.23 8 Nov 2024 ยท EMD 38/100 ยท close 121.44 15 Nov 2024 ยท EMD 39/100 ยท close 122.06 22 Nov 2024 ยท EMD 38/100 ยท close 118.33 29 Nov 2024 ยท EMD 38/100 ยท close 110.54 6 Dec 2024 ยท EMD 35/100 ยท close 104.47 13 Dec 2024 ยท EMD 33/100 ยท close 96.84 20 Dec 2024 ยท EMD 33/100 ยท close 90.30 27 Dec 2024 ยท EMD 41/100 ยท close 108.99 3 Jan 2025 ยท EMD 38/100 ยท close 108.99 10 Jan 2025 ยท EMD 44/100 ยท close 111.79 17 Jan 2025 ยท EMD 43/100 ยท close 110.54 24 Jan 2025 ยท EMD 42/100 ยท close 115.21 31 Jan 2025 ยท EMD 45/100 ยท close 117.08 7 Feb 2025 ยท EMD 39/100 ยท close 108.99 14 Feb 2025 ยท EMD 32/100 ยท close 93.42 21 Feb 2025 ยท EMD 30/100 ยท close 93.42 28 Feb 2025 ยท EMD 42/100 ยท close 102.76 7 Mar 2025 ยท EMD 25/100 ยท close 48.27 14 Mar 2025 ยท EMD 32/100 ยท close 56.05 21 Mar 2025 ยท EMD 29/100 ยท close 56.67 28 Mar 2025 ยท EMD 36/100 ยท close 62.28 4 Apr 2025 ยท EMD 32/100 ยท close 68.51 11 Apr 2025 ยท EMD 37/100 ยท close 74.58 18 Apr 2025 ยท EMD 35/100 ยท close 80.96 25 Apr 2025 ยท EMD 34/100 ยท close 73.18 2 May 2025 ยท EMD 21/100 ยท close 17.13 9 May 2025 ยท EMD 24/100 ยท close 14.68 16 May 2025 ยท EMD 24/100 ยท close 14.32 23 May 2025 ยท EMD 26/100 ยท close 14.96 30 May 2025 ยท EMD 17/100 ยท close 3.15 6 Jun 2025 ยท EMD 33/100 ยท close 30.90 13 Jun 2025 ยท EMD 32/100 ยท close 25.20 20 Jun 2025 ยท EMD 32/100 ยท close 24.00 27 Jun 2025 ยท EMD 33/100 ยท close 23.73 4 Jul 2025 ยท EMD 25/100 ยท close 22.23 11 Jul 2025 ยท EMD 29/100 ยท close 22.17 18 Jul 2025 ยท EMD 25/100 ยท close 22.35 25 Jul 2025 ยท EMD 21/100 ยท close 3.18 1 Aug 2025 ยท EMD 21/100 ยท close 2.49 8 Aug 2025 ยท EMD 23/100 ยท close 2.46 15 Aug 2025 ยท EMD 24/100 ยท close 2.04 22 Aug 2025 ยท EMD 27/100 ยท close 2.13 29 Aug 2025 ยท EMD 38/100 ยท close 2.46 5 Sep 2025 ยท EMD 35/100 ยท close 2.73 12 Sep 2025 ยท EMD 34/100 ยท close 2.67 19 Sep 2025 ยท EMD 34/100 ยท close 2.88 26 Sep 2025 ยท EMD 34/100 ยท close 2.94 3 Oct 2025 ยท EMD 29/100 ยท close 2.91 10 Oct 2025 ยท EMD 27/100 ยท close 2.94 17 Oct 2025 ยท EMD 36/100 ยท close 3.00 24 Oct 2025 ยท EMD 42/100 ยท close 3.33 31 Oct 2025 ยท EMD 40/100 ยท close 2.97 7 Nov 2025 ยท EMD 41/100 ยท close 2.94 14 Nov 2025 ยท EMD 41/100 ยท close 2.85 21 Nov 2025 ยท EMD 39/100 ยท close 2.85 28 Nov 2025 ยท EMD 41/100 ยท close 2.82 5 Dec 2025 ยท EMD 45/100 ยท close 3.00 12 Dec 2025 ยท EMD 44/100 ยท close 2.97 19 Dec 2025 ยท EMD 41/100 ยท close 2.88 26 Dec 2025 ยท EMD 42/100 ยท close 2.88 2 Jan 2026 ยท EMD 40/100 ยท close 2.85 9 Jan 2026 ยท EMD 36/100 ยท close 2.64 16 Jan 2026 ยท EMD 37/100 ยท close 2.55 23 Jan 2026 ยท EMD 40/100 ยท close 2.73 30 Jan 2026 ยท EMD 38/100 ยท close 2.67 6 Feb 2026 ยท EMD 34/100 ยท close 2.47 13 Feb 2026 ยท EMD 34/100 ยท close 2.40 20 Feb 2026 ยท EMD 39/100 ยท close 2.60 27 Feb 2026 ยท EMD 34/100 ยท close 2.56 6 Mar 2026 ยท EMD 36/100 ยท close 2.51 13 Mar 2026 ยท EMD 37/100 ยท close 2.50 20 Mar 2026 ยท EMD 34/100 ยท close 2.48 27 Mar 2026 ยท EMD 33/100 ยท close 2.46 3 Apr 2026 ยท EMD 38/100 ยท close 2.53 10 Apr 2026 ยท EMD 36/100 ยท close 2.48 17 Apr 2026 ยท EMD 53/100 ยท close 2.88 24 Apr 2026 ยท EMD 57/100 ยท close 3.14 1 May 2026 ยท EMD 60/100 ยท close 3.15 8 May 2026 ยท EMD 40/100 ยท close 2.58 15 May 2026 ยท EMD 50/100 ยท close 2.76 22 May 2026 ยท EMD 51/100 ยท close 2.90 29 May 2026 ยท EMD 47/100 ยท close 2.84 5 Jun 2026 ยท EMD 48/100 ยท close 2.70 12 Jun 2026 ยท EMD 40/100 ยท close 2.49 19 Jun 2026 ยท EMD 42/100 ยท close 2.52 26 Jun 2026 ยท EMD 39/100 ยท close 2.43 3 Jul 2026 ยท EMD 42/100 ยท close 2.55 10 Jul 2026 ยท EMD 47/100 ยท close 2.65 17 Jul 2026 ยท EMD 47/100 ยท close 2.65 24 Jul 2026 ยท EMD 48/100 ยท close 2.70 31 Jul 2026 ยท EMD 46/100 ยท close 2.60 7 Aug 2026 ยท EMD 36/100 ยท close 2.45 14 Aug 2026 ยท EMD 40/100 ยท close 2.50 21 Aug 2026 ยท EMD 28/100 ยท close 2.35 28 Aug 2026 ยท EMD 37/100 ยท close 2.30 4 Sep 2026 ยท EMD 29/100 ยท close 2.15 11 Sep 2026 ยท EMD 28/100 ยท close 2.15 6 Oct 2023 ยท Down-cycle confirmed ยท close 286.48 1 Dec 2023 ยท Down-cycle confirmed ยท close 270.28 6 Jun 2025 ยท Up-cycle confirmed ยท close 30.90 22 Sep 202321 Mar 202511 Sep 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 8%Current EMD -44.94-week EMD change -25.3156-week price range NOK 2.04โ€“331.94

THE FULL PRICE CYCLE

Follow the journey from one zone to the other

Each state uses completed-week information available at that point.

01

Lower zone

Price establishes residence near the bottom of its long-cycle range. Improving EMD separates early repair from continued deterioration.

02

Upward journey

Price leaves the lower zone while EMD confirms improving participation. The objective is the broader move toward the upper zone, not a short weekly trade.

03

Upper zone

Price establishes residence near the top of its long-cycle range. This is the profit-harvest area, with EMD watched for exhaustion and loss of support.

04

Downward journey

Price leaves the upper zone while EMD weakens. The reverse cycle remains active until lower-zone residence is confirmed again.

CURRENT READINGS

What the latest week shows

Completed-week values

01

Underlying pressure

38/100-0.30

Cautious pressure beneath price
4-week change -0.22

02

Trend and deviation

1/100-16.8% vs Trend Line

Price structure is below its trend baseline
Trend gate inactive

03

Momentum and SMI

26/1004w -14.0% ยท 13w -13.7%

Momentum is applying downside pressure
SMI 0.04

04

Price-volume pressure

29/10029% constructive pressure

Volume is leaning against the close
Volume ratio 11.38x

05

Relative leadership

1/100-30.68

The ticker is lagging its benchmark
4-week change -10.35

06

Modeled Trend

57/100Modeled Trend 0.10

Modeled Trend is supportive
Smoothed Modeled Trend 0.10

Evidence context