BAKKAFROST P/F (BAKKA.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:BAKKA - FO0000000179 - Common Stock
We assign a technical rating of 2 out of 10 to BAKKA. BAKKA performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- When comparing the yearly performance of all stocks, BAKKA is a bad performer in the overall market: 88% of all stocks are doing better.
- BAKKA is part of the Food Products industry. There are 64 other stocks in this industry, of which 66% are performing better than BAKKA.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- BAKKA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BAKKA is lagging the market.
- In the last month BAKKA has a been trading in the 451.20 - 526.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
The technical rating of BAKKA 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
448.46
2 important support areas can be observed.
- Support @474.06 from a trend line in the daily time frame.
- A support zone ranging from 452.99 to 456.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 480.82 to 486.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @508.02 from a trend line in the weekly time frame.
- A resistance zone ranging from 521.01 to 522.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @697.00 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 | NEUTRAL | NEUTRAL | The long term trend for BAKKA.OL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BAKKA.OL is down. |
| ChartMill Relative Strength | 12.8 | NEGATIVE | BAKKA.OL has a low relative strength, it was outperformed by 87.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BAKKA.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BAKKA.OL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BAKKA.OL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.81 | NEUTRAL | The RSI value for BAKKA.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -4.4 | NEGATIVE | The MACD value suggests BAKKA.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.19 | NEUTRAL | The Stochastics value for BAKKA.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for BAKKA.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 27.47 | POSITIVE | The high ADX value value for BAKKA.OL suggests a strong trend. |
OSL:BAKKA (1/16/2026, 7:00:00 PM)
476.4
-2.8 (-0.58%)
BAKKAFROST P/F / BAKKA.OL FAQ
What is the technical rating for BAKKA stock?
ChartMill assigns a technical rating of 2 / 10 to BAKKA.OL.
Can you provide the trend direction for BAKKAFROST P/F?
The current trend direction for BAKKAFROST P/F (BAKKA.OL) is Bearish.
What is the RSI signal for BAKKAFROST P/F (BAKKA.OL) stock?
BAKKAFROST P/F (BAKKA.OL) has an RSI value of 41.8144. This indicates that the stock is currently neutral.
What is the MACD signal for BAKKAFROST P/F (BAKKA.OL) stock?
The MACD indicator for BAKKAFROST P/F (BAKKA.OL) has a value of -4.39779, indicating a bearish trend.