BAKKAFROST P/F (BAKKA.OL) Stock Technical Analysis
OSL:BAKKA - FO0000000179 - Common Stock
425.8 NOK
-2.4 (-0.56%)
Taking everything into account, BAKKA scores 1 out of 10 in our technical rating. BAKKA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, BAKKA is a bad performer in the overall market: 89% of all stocks are doing better.
BAKKA is part of the Food Products industry. There are 57 other stocks in this industry, of which 75% are performing better than BAKKA.
BAKKA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month BAKKA has a been trading in the 414.40 - 455.60 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Although the technical rating is bad, BAKKA 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 417.58, a Stop Loss order could be placed below this zone.
More info and screens
410.45
703.97
When analyzing the support we notice one important area.
- A support zone ranging from 414.60 to 417.58. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 430.62 to 434.80. 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 444.35 to 446.81. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A resistance zone ranging from 471.61 to 477.60. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The short term trend for BAKKA.OL is neutral. |
| ChartMill Relative Strength | 11.93 | NEGATIVE | BAKKA.OL has a low relative strength, it was outperformed by 88.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BAKKA.OL is below the rising 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) | 47.96 | NEUTRAL | The RSI value for BAKKA.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.42 | POSITIVE | The MACD value suggests BAKKA.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 42.23 | NEUTRAL | The Stochastics value for BAKKA.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.88 | MEDIUM VOLATILITY | The ATR as a percentage value for BAKKA.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 13.22 | 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 (9/4/2025, 4:19:40 PM)
425.8
-2.4 (-0.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.56%
1 Week1.95%
2 Weeks-0.28%
1 Month0.09%
3 Month-8.89%
6 Month-20.48%
12 Month-26.8%
2 Year-21.79%
3 Year-1.06%
5 Year-28.81%
10 YearN/A
15 YearN/A
Volatility
ATR(14)12.58
ATR(20)%2.88%
ATR Inc-3.32%
Range Today12.8
ADR(20)11.95
ADR(20)%2.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.93
Mansfield-2.84
10 Day High455.6
10 Day Low414.4
20 Day High455.6
20 Day Low414.4
52 Week High694
52 Week Low388
CS1 End417.58
CR1 Start430.62
Volume & EV
DER(3)-4.04%
DER(5)-2.14%
Volume31.42K
Volume Incr21.63%
Vol(5)108.08K
Vol(50)111.79K