BEWI AS (BEWI.OL) Stock Technical Analysis
OSL:BEWI - Euronext Oslo - NO0010890965 - Common Stock - Currency: NOK
We assign a technical rating of 0 out of 10 to BEWI. BEWI'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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
86% of all other stocks performed better in the past year than BEWI.
BEWI is one of the lesser performing stocks in the Chemicals industry. 65% of 67 stocks in the same industry do better.
BEWI 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 BEWI is lagging the market.
Warning: BEWI has an average volume of 24199 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month BEWI has a been trading in the 20.05 - 23.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, BEWI does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
20.38
29.39
When analyzing the support we notice one important area.
- Support @20.59 from a horizontal line in the weekly time frame.
We can see 6 important resistance areas.
- A resistance zone ranging from 21.03 to 21.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.52 to 21.76. 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 23.05 to 23.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @25.98 from a trend line in the weekly time frame.
- Resistance @28.40 from a horizontal line in the daily time frame.
- A resistance zone ranging from 29.10 to 29.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 BEWI.OL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BEWI.OL is neutral. |
| ChartMill Relative Strength | 14.76 | NEGATIVE | BEWI.OL has a low relative strength, it was outperformed by 85.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BEWI.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BEWI.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BEWI.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.72 | NEUTRAL | The RSI value for BEWI.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests BEWI.OL has a negative trend. |
| Stochastics (14,3) | 24.62 | NEUTRAL | The Stochastics value for BEWI.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.2 | MEDIUM VOLATILITY | The ATR as a percentage value for BEWI.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 14.35 | NEGATIVE | The low ADX value for BEWI.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:BEWI (6/20/2025, 7:00:00 PM)
20.6
-0.5 (-2.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-2.37%
1 Week-2.83%
2 Weeks-3.51%
1 Month-9.25%
3 Month-13.81%
6 Month-19.22%
12 Month-19.84%
2 Year-48.88%
3 Year-63.02%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.87
ATR(20)%4.2%
ATR Inc61.09%
Range Today1.25
ADR(20)0.84
ADR(20)%4.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.76
Mansfield-2.14
10 Day High23
10 Day Low20.05
20 Day High23.4
20 Day Low20.05
52 Week High30
52 Week Low19.4
CS1 End20.59
CR1 Start21.03
Volume & EV
DER(3)0.42%
DER(5)0.29%
Volume19.32K
Volume Incr63.47%
Vol(5)32.16K
Vol(50)24.20K