2020 BULKERS LTD (2020.OL) Stock Technical Analysis
OSL:2020 - Euronext Oslo - BMG9156K1018 - Common Stock - Currency: NOK
We assign a technical rating of 2 out of 10 to 2020. In the past year, 2020 was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
86% of all other stocks performed better in the past year than 2020.
In the last month 2020 has a been trading in the 86.80 - 118.10 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
2020 is an average performer in the Marine Transportation industry, it outperforms 47% of 18 stocks in the same industry.
2020 is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
The technical rating of 2020 is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
97.02
140.66
We found 2 important support areas.
- A support zone ranging from 106.97 to 107.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 98.00 to 99.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 114.61 to 117.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @126.57 from a trend line in the weekly time frame.
- Resistance @129.17 from a trend line in the daily time frame.
- A resistance zone ranging from 135.80 to 136.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @139.27 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.92
Mansfield-1.44
10 Day High118.1
10 Day Low100
20 Day High118.1
20 Day Low86.8
52 Week High174.8
52 Week Low86.8
Performance
1 Week1.69%
2 Weeks9.67%
1 Month3.52%
3 Month-7.73%
6 Month-17.55%
12 Month-33.45%
2 Year15.23%
3 Year-10.33%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)1.9
RSI(14)54.22
LBB99.92
UBB118.23
OSL:2020 (5/6/2025, 7:00:00 PM)
114.6
-2.4 (-2.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg-2.05%
1 Week1.69%
2 Weeks9.67%
1 Month3.52%
3 Month-7.73%
6 Month-17.55%
12 Month-33.45%
2 Year15.23%
3 Year-10.33%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.96
ATR(20)%4.62%
ATR Inc0.57%
Range Today5
ADR(20)4.66
ADR(20)%4.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.92
Mansfield-1.44
10 Day High118.1
10 Day Low100
20 Day High118.1
20 Day Low86.8
52 Week High174.8
52 Week Low86.8
CS1 End107
CR1 Start114.61
Volume & EV
DER(3)2.54%
DER(5)2.5%
Volume49.03K
Volume Incr-54.86%
Vol(5)61.25K
Vol(50)130.71K