Europe - OSL:2020 - BMG9156K1018 - Common Stock
We assign a technical rating of 5 out of 10 to 2020. In the last year, 2020 was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Although the technical rating is only medium, 2020 does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 136.56, a Stop Loss order could be placed below this zone.
131.18
When analyzing the support we notice one important area.
When analyzing the resistance we notice one important area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for 2020.OL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for 2020.OL is neutral. |
| ChartMill Relative Strength | 45.27 | NEUTRAL | 2020.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of 2020.OL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of 2020.OL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 2020.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.42 | NEUTRAL | The RSI value for 2020.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests 2020.OL has a positive trend. |
| Stochastics (14,3) | 61.57 | NEUTRAL | The Stochastics value for 2020.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for 2020.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 19.15 | NEGATIVE | The low ADX value for 2020.OL suggests a weak or negative trend. |
OSL:2020 (10/24/2025, 7:00:00 PM)
137.1
-0.3 (-0.22%)
ChartMill assigns a technical rating of 5 / 10 to 2020.OL.
The current trend direction for 2020 BULKERS LTD (2020.OL) is Bullish.
2020 BULKERS LTD (2020.OL) has an RSI value of 50.4246. This indicates that the stock is currently neutral.
The short term momentum for 2020 BULKERS LTD (2020.OL) is neutral.