BAKKAFROST P/F (BAKKA.OL) Stock Technical Analysis
OSL:BAKKA - Euronext Oslo - FO0000000179 - Common Stock - Currency: NOK
Taking everything into account, BAKKA scores 0 out of 10 in our technical rating. BAKKA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
87% of all other stocks performed better in the past year than BAKKA.
BAKKA is part of the Food Products industry. There are 59 other stocks in this industry, of which 75% are performing better than BAKKA.
BAKKA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month BAKKA has a been trading in the 434.20 - 472.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BAKKA has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 458.30, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BAKKA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
434.80
703.97
When analyzing the support we notice one important area.
- Support @439.19 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 457.25 to 465.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @522.51 from a horizontal line in the daily time frame.
- 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 | DOWN | NEGATIVE | The long term trend for BAKKA.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BAKKA.OL is down. |
| ChartMill Relative Strength | 13.04 | NEGATIVE | BAKKA.OL has a low relative strength, it was outperformed by 86.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BAKKA.OL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BAKKA.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BAKKA.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.22 | NEUTRAL | The RSI value for BAKKA.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.07 | POSITIVE | The MACD value suggests BAKKA.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.16 | NEUTRAL | The Stochastics value for BAKKA.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.01 | MEDIUM VOLATILITY | The ATR as a percentage value for BAKKA.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 18.33 | NEGATIVE | The low ADX value for BAKKA.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:BAKKA (7/9/2025, 4:16:38 PM)
457
-1.3 (-0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.28%
1 Week-1.33%
2 Weeks2.05%
1 Month-0.04%
3 Month-7.46%
6 Month-25.4%
12 Month-15.89%
2 Year-22.43%
3 Year-31.68%
5 Year-16.81%
10 YearN/A
15 YearN/A
Volatility
ATR(14)8.66
ATR(20)%2.01%
ATR Inc-13.67%
Range Today0
ADR(20)9.04
ADR(20)%1.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.04
Mansfield-2.54
10 Day High472
10 Day Low444
20 Day High472
20 Day Low434.2
52 Week High694
52 Week Low434.2
CS1 End458.3
CR1 Start522.51
Volume & EV
DER(3)6.81%
DER(5)2.78%
Volume55
Volume Incr1.06%
Vol(5)86.02K
Vol(50)75.89K