AKER BIOMARINE ASA (AKBM.OL) Stock Technical Analysis
OSL:AKBM - Euronext Oslo - NO0010886625 - Common Stock - Currency: NOK
Taking everything into account, AKBM scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. AKBM was also a bad performer in the overall market in the last year.
84% of all other stocks performed better in the past year than AKBM.
AKBM is part of the Food Products industry. There are 59 other stocks in this industry, of which 79% are performing better than AKBM.
AKBM is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AKBM is lagging the market.
Warning: AKBM has an average volume of 26172 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
AKBM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Although the technical rating is only medium, AKBM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 58.79, a Stop Loss order could be placed below this zone.
More info and screens
49.40
62.92
2 important support areas can be observed.
- A support zone ranging from 57.63 to 58.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 49.90 to 50.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 59.77 to 60.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 61.41 to 62.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for AKBM.OL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AKBM.OL is up. |
| ChartMill Relative Strength | 16.42 | NEGATIVE | AKBM.OL has a low relative strength, it was outperformed by 83.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AKBM.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AKBM.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AKBM.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.11 | NEUTRAL | The RSI value for AKBM.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests AKBM.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.59 | NEUTRAL | The Stochastics value for AKBM.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.44 | MEDIUM VOLATILITY | The ATR as a percentage value for AKBM.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 30.52 | POSITIVE | The high ADX value value for AKBM.OL suggests a strong trend. |
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)
OSL:AKBM (5/30/2025, 7:00:00 PM)
59.5
+0.1 (+0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.17%
1 Week2.65%
2 Weeks2.65%
1 Month13.49%
3 Month-9.68%
6 Month0.25%
12 Month-23.38%
2 Year71.61%
3 Year22.88%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.74
ATR(20)%4.44%
ATR Inc-38.29%
Range Today2.5
ADR(20)2.63
ADR(20)%4.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.42
Mansfield-1.36
10 Day High64
10 Day Low58.4
20 Day High64
20 Day Low51.3
52 Week High109.8
52 Week Low42.3
CS1 End58.79
CR1 Start59.77
Volume & EV
DER(3)0.01%
DER(5)-0.65%
Volume6.32K
Volume Incr-38.59%
Vol(5)12.31K
Vol(50)26.17K