AKER BP ASA (AKRBP.OL) Stock Technical Analysis
Europe - OSL:AKRBP - NO0010345853 - Common Stock
256.3 NOK
+0.9 (+0.35%)
Overall AKRBP gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, AKRBP is a bad performer.
When comparing the yearly performance of all stocks, AKRBP is a bad performer in the overall market: 64% of all stocks are doing better.
Both the short term and long term trends are positive. This is a very positive sign.
AKRBP is part of the Oil, Gas & Consumable Fuels industry. There are 62 other stocks in this industry, AKRBP did better than 65% 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.
In the last month AKRBP has a been trading in the 241.40 - 264.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, AKRBP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
210.97
282.20
3 important support areas can be observed.
- A support zone ranging from 255.96 to 255.99. 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 241.19 to 251.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 213.10 to 213.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @261.54 from a trend line in the daily time frame.
- Resistance @267.60 from a horizontal line in the daily time frame.
- A resistance zone ranging from 272.20 to 273.76. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @279.41 from a horizontal line 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 | UP | POSITIVE | The long term trend for AKRBP.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AKRBP.OL is up. |
| ChartMill Relative Strength | 36.2 | NEUTRAL | AKRBP.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AKRBP.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AKRBP.OL is above 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) | 55.86 | NEUTRAL | The RSI value for AKRBP.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.51 | POSITIVE | The MACD value suggests AKRBP.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.09 | NEUTRAL | The Stochastics value for AKRBP.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.98 | LOW VOLATILITY | The low ATR as a percentage value for AKRBP.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 15.79 | NEGATIVE | The low ADX value for AKRBP.OL suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 261.55 | 255.95 | 5.60 (2.14%) | 25.00% |
| An entry @261.55. This is a Buy Stop order right above the resistance zone. | An exit @255.95. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 5.60 points, which is 2.14%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.54%. |
- The distance between exit and entry is rather small compared to the average daily movement of AKRBP. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OSL:AKRBP (10/3/2025, 7:00:00 PM)
256.3
+0.9 (+0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.35%
1 Week-2.66%
2 Weeks2.93%
1 Month4.95%
3 Month-2.62%
6 Month20.05%
12 Month4.14%
2 Year-20.18%
3 Year-22.66%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.07
ATR(20)%1.98%
ATR Inc-28.45%
Range Today4.8
ADR(20)5
ADR(20)%1.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.2
Mansfield-0.42
10 Day High264
10 Day Low246
20 Day High264
20 Day Low241.4
52 Week High288.3
52 Week Low200.5
CS1 End255.99
CR1 Start261.54
Volume & EV
DER(3)2.3%
DER(5)-0.58%
Volume704.53K
Volume Incr-4.93%
Vol(5)826.81K
Vol(50)811.60K