BERGENBIO ASA (BGBIO.OL) Stock Technical Analysis
OSL:BGBIO - Euronext Oslo - NO0013251173 - Common Stock - Currency: NOK
We assign a technical rating of 3 out of 10 to BGBIO. Although BGBIO is scoring some points because its good overall performance in the market in the past year, 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.
BGBIO is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
BGBIO is part of the Biotechnology industry. There are 71 other stocks in this industry. BGBIO outperforms 98% of them.
Looking at the yearly performance, BGBIO did better than 99% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month BGBIO has a been trading in the 1.48 - 1.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, BGBIO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
1.49
1.87
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1.72 to 1.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.62 from a trend line in the daily time frame.
- A support zone ranging from 1.55 to 1.57. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.50 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.77 to 1.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.82 from a horizontal line in the daily time frame.
- Resistance @1.85 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.1
Mansfield-7.74
10 Day High1.83
10 Day Low1.63
20 Day High1.89
20 Day Low1.48
52 Week High15.67
52 Week Low0.12
Performance
1 Week-3.31%
2 Weeks2.46%
1 Month0.03%
3 Month-78.4%
6 Month-76.35%
12 Month1160.81%
2 Year499.32%
3 Year-88.8%
5 Year-95.55%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.08
RSI(14)41.06
LBB1.68
UBB1.83
OSL:BGBIO (5/7/2025, 2:55:56 PM)
1.73
-0.02 (-1.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.14%
1 Week-3.31%
2 Weeks2.46%
1 Month0.03%
3 Month-78.4%
6 Month-76.35%
12 Month1160.81%
2 Year499.32%
3 Year-88.8%
5 Year-95.55%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%7.65%
ATR Inc-25.31%
Range Today0.05
ADR(20)0.13
ADR(20)%7.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.1
Mansfield-7.74
10 Day High1.83
10 Day Low1.63
20 Day High1.89
20 Day Low1.48
52 Week High15.67
52 Week Low0.12
CS1 End1.72
CR1 Start1.77
Volume & EV
DER(3)0.9%
DER(5)0.64%
Volume2.22K
Volume Incr-30.55%
Vol(5)174.78K
Vol(50)633.42K