BAKKAFROST P/F (BAKKA.OL) Stock Technical Analysis
OSL:BAKKA - Euronext Oslo - FO0000000179 - Common Stock - Currency: NOK
Overall BAKKA gets a technical rating of 0 out of 10. 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.
82% of all other stocks performed better in the past year than BAKKA.
BAKKA is part of the Food Products industry. There are 60 other stocks in this industry, of which 74% are performing better than BAKKA.
BAKKA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BAKKA is lagging the market.
In the last month BAKKA has a been trading in the 474.80 - 528.00 range, which is quite wide. It is currently trading near the lows of this range.
Although the technical rating is bad, BAKKA does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
466.09
703.97
2 important support areas can be observed.
- Support @478.99 from a horizontal line in the weekly time frame.
- A support zone ranging from 470.80 to 470.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 494.34 to 506.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 516.01 to 522.51. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 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 | 18.49 | NEGATIVE | BAKKA.OL has a low relative strength, it was outperformed by 81.51% 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) | 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) | 42.62 | NEUTRAL | The RSI value for BAKKA.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.09 | NEGATIVE | The MACD value suggests BAKKA.OL has a negative trend. |
| Stochastics (14,3) | 18.01 | OVERSOLD | The low Stochastics value suggests BAKKA.OL may be oversold. |
| Average True Range in percent/ATR (20) | 2.78 | MEDIUM VOLATILITY | The ATR as a percentage value for BAKKA.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 18.34 | 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 (5/23/2025, 7:00:00 PM)
485
+8.4 (+1.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg1.76%
1 Week-3.95%
2 Weeks-2.68%
1 Month-5.45%
3 Month-14.51%
6 Month-26.14%
12 Month-19.4%
2 Year-33.06%
3 Year-22.18%
5 Year-19.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)13.44
ATR(20)%2.78%
ATR Inc5.37%
Range Today17
ADR(20)12.15
ADR(20)%2.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.49
Mansfield-1.8
10 Day High513.5
10 Day Low474.8
20 Day High528
20 Day Low474.8
52 Week High694
52 Week Low452.2
CS1 End478.99
CR1 Start494.34
Volume & EV
DER(3)0.86%
DER(5)1.63%
Volume69.72K
Volume Incr4.91%
Vol(5)59.84K
Vol(50)70.46K