AKER BP ASA (AKRBP.OL) Stock Technical Analysis
OSL:AKRBP - Euronext Oslo - NO0010345853 - Common Stock - Currency: NOK
We assign a technical rating of 3 out of 10 to AKRBP. In the last year, AKRBP was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, AKRBP is a bad performer in the overall market: 61% of all stocks are doing better.
In the last month AKRBP has a been trading in the 242.60 - 287.50 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
AKRBP has an average volume of 1238260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
AKRBP is part of the Oil, Gas & Consumable Fuels industry. There are 60 other stocks in this industry, AKRBP did better than 62% of them.
AKRBP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AKRBP is lagging the market.
The technical rating of AKRBP 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
210.96
282.20
We found 3 important support areas.
- Support @246.39 from a horizontal line in the daily time frame.
- Support @234.60 from a horizontal line in the daily time frame.
- A support zone ranging from 213.09 to 213.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 258.31 to 260.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 267.60 to 267.61. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @272.20 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 277.71 to 279.41. This zone is formed by a combination of multiple trend lines in the weekly 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 AKRBP.OL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AKRBP.OL is down. |
| ChartMill Relative Strength | 39.35 | NEUTRAL | AKRBP.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AKRBP.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AKRBP.OL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AKRBP.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.34 | NEUTRAL | The RSI value for AKRBP.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.82 | NEGATIVE | The MACD value suggests AKRBP.OL has a negative trend. |
| Stochastics (14,3) | 8.29 | OVERSOLD | The low Stochastics value suggests AKRBP.OL may be oversold. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for AKRBP.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 21.59 | NEUTRAL | The ADX value for AKRBP.OL suggests a possible start of a new 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:AKRBP (7/18/2025, 7:00:00 PM)
246.4
-2.2 (-0.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.88%
1 Week-7.65%
2 Weeks-6.38%
1 Month-11.81%
3 Month11.9%
6 Month-3.94%
12 Month-5.88%
2 Year-13.03%
3 Year-26.21%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.14
ATR(20)%2.82%
ATR Inc-14.32%
Range Today4.5
ADR(20)5.75
ADR(20)%2.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.35
Mansfield-0.48
10 Day High270.6
10 Day Low242.6
20 Day High287.5
20 Day Low242.6
52 Week High288.3
52 Week Low200.5
CS1 End246.39
CR1 Start258.31
Volume & EV
DER(3)0.26%
DER(5)-0.67%
Volume969.07K
Volume Incr-3.85%
Vol(5)1.22M
Vol(50)1.24M