AKER BP ASA (AKRBP.OL) Stock Technical Analysis
OSL:AKRBP - Euronext Oslo - NO0010345853 - Common Stock - Currency: NOK
Overall AKRBP gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AKRBP is only an average performer.
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 61 other stocks in this industry. AKRBP outperforms 78% of them.
AKRBP is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so AKRBP is leading the market.
In the last month AKRBP has a been trading in the 229.30 - 288.30 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
AKRBP has an average volume of 1327740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, AKRBP did better than 77% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although AKRBP has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
210.97
291.19
When analyzing the support we can see 3 important areas.
- A support zone ranging from 233.50 to 235.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @217.50 from a horizontal line in the daily time frame.
- 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 found 1 important resistance area.
- A resistance zone ranging from 288.29 to 288.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 77.49 | POSITIVE | AKRBP.OL has a high relative strength, it outperformed 77.49% off all stocks 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) | 86.66 | OVERBOUGHT | The high RSI value suggests AKRBP.OL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.88 | POSITIVE | The MACD value suggests AKRBP.OL has a positive trend. |
| Stochastics (14,3) | 94.69 | OVERBOUGHT | The high Stochastics value suggests AKRBP.OL may be overbought. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for AKRBP.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 40.77 | POSITIVE | The high ADX value value for AKRBP.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:AKRBP (6/20/2025, 2:53:16 PM)
277.7
-10.6 (-3.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-3.68%
1 Week11.53%
2 Weeks16.44%
1 Month21.7%
3 Month18.74%
6 Month35.29%
12 Month9.37%
2 Year14.5%
3 Year-15.73%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.61
ATR(20)%2.14%
ATR Inc12.16%
Range Today7.3
ADR(20)5.3
ADR(20)%1.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.49
Mansfield1.54
10 Day High288.3
10 Day Low245.4
20 Day High288.3
20 Day Low229.3
52 Week High288.3
52 Week Low200.5
CS1 End235.84
CR1 StartN/A
Volume & EV
DER(3)3.27%
DER(5)2.9%
Volume522.12K
Volume Incr67.64%
Vol(5)1.83M
Vol(50)1.33M