AKER BP ASA (AKRBP.OL) Stock Technical Analysis
OSL:AKRBP - Euronext Oslo - NO0010345853 - Common Stock - Currency: NOK
We assign a technical rating of 5 out of 10 to AKRBP. AKRBP has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
68% of all other stocks performed better in the past year than AKRBP.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
AKRBP is part of the Oil, Gas & Consumable Fuels industry. There are 59 other stocks in this industry. AKRBP outperforms 74% of them.
In the last month AKRBP has a been trading in the 215.80 - 244.80 range, which is quite wide. It is currently trading near the high of this range.
AKRBP has an average volume of 1241790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AKRBP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AKRBP is lagging the market slightly.
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. There is a support zone below the current price at 236.94, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
207.30
260.19
When analyzing the support we can see 4 important areas.
- A support zone ranging from 230.88 to 236.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @217.50 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.
- Support @209.39 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @240.45 from a trend line in the daily time frame.
- A resistance zone ranging from 246.21 to 250.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 256.50 to 257.61. 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 | NEUTRAL | NEUTRAL | The long term trend for AKRBP.OL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AKRBP.OL is up. |
| ChartMill Relative Strength | 32.12 | 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) | DOWN | MIXED | The current price of AKRBP.OL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.13 | NEUTRAL | The RSI value for AKRBP.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests AKRBP.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.17 | NEUTRAL | The Stochastics value for AKRBP.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for AKRBP.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 18.22 | 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)
OSL:AKRBP (5/28/2025, 7:00:00 PM)
237.2
+1.2 (+0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.51%
1 Week0%
2 Weeks-1.94%
1 Month6.7%
3 Month2.02%
6 Month4.77%
12 Month-11.79%
2 Year-1.66%
3 Year-41.83%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.71
ATR(20)%2.66%
ATR Inc-27%
Range Today2.6
ADR(20)5.49
ADR(20)%2.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.12
Mansfield-0.28
10 Day High244.8
10 Day Low229.3
20 Day High244.8
20 Day Low215.8
52 Week High280.4
52 Week Low200.5
CS1 End236.94
CR1 Start240.45
Volume & EV
DER(3)1.29%
DER(5)2.66%
Volume747.23K
Volume Incr-26.57%
Vol(5)851.68K
Vol(50)1.24M