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'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
89% of all other stocks performed better in the past year than BAKKA.
BAKKA is part of the Food Products industry. There are 57 other stocks in this industry, of which 89% are performing better than BAKKA.
BAKKA is currently making a new 52 week low. This is a very bad signal. The S&P500 Index 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 434.30 - 507.00 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The technical rating of BAKKA is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
434.41
703.97
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 462.12 to 462.54. 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 471.49 to 479.06. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 11.28 | NEGATIVE | BAKKA.OL has a low relative strength, it was outperformed by 88.72% 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) | 27.79 | OVERSOLD | The low RSI value suggests BAKKA.OL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.43 | NEGATIVE | The MACD value suggests BAKKA.OL has a negative trend. |
| Stochastics (14,3) | 9.03 | OVERSOLD | The low Stochastics value suggests BAKKA.OL may be oversold. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for BAKKA.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 22.22 | NEUTRAL | The ADX value for BAKKA.OL suggests a possible start of a new 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 (6/18/2025, 4:19:45 PM)
438.8
-4.4 (-0.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.99%
1 Week-7.03%
2 Weeks-6.44%
1 Month-12.1%
3 Month-18.44%
6 Month-30.29%
12 Month-22.54%
2 Year-31.65%
3 Year-30.35%
5 Year-27.53%
10 YearN/A
15 YearN/A
Volatility
ATR(14)10.66
ATR(20)%2.7%
ATR Inc47.24%
Range Today9.7
ADR(20)11.32
ADR(20)%2.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.28
Mansfield-2.66
10 Day High479.6
10 Day Low434.3
20 Day High507
20 Day Low434.3
52 Week High694
52 Week Low434.3
CS1 EndN/A
CR1 Start462.12
Volume & EV
DER(3)7.05%
DER(5)3.13%
Volume82.31K
Volume Incr6.01%
Vol(5)77.91K
Vol(50)69.36K