BERGENBIO ASA (BGBIO.OL) Stock Technical Analysis
OSL:BGBIO - Euronext Oslo - NO0013251173 - Common Stock - Currency: NOK
Overall BGBIO gets a technical rating of 2 out of 10. In the past year, BGBIO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
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, BGBIO is a bad performer in the overall market: 97% of all stocks are doing better.
BGBIO is part of the Biotechnology industry. There are 73 other stocks in this industry, of which 68% are performing better than BGBIO.
BGBIO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BGBIO is lagging the market.
In the last month BGBIO has a been trading in the 1.69 - 2.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BGBIO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.77, a Stop Loss order could be placed below this zone.
More info and screens
1.67
2.02
2 important support areas can be observed.
- A support zone ranging from 1.74 to 1.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.69 to 1.70. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.93 from a horizontal line in the weekly time frame.
- Resistance @2.00 from a horizontal line in the daily 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 BGBIO.OL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BGBIO.OL is neutral. |
| ChartMill Relative Strength | 3.65 | NEGATIVE | BGBIO.OL has a low relative strength, it was outperformed by 96.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BGBIO.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BGBIO.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BGBIO.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.32 | NEUTRAL | The RSI value for BGBIO.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BGBIO.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 43.85 | NEUTRAL | The Stochastics value for BGBIO.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.91 | HIGH VOLATILITY | The high ATR as a percentage value for BGBIO.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 22.22 | NEUTRAL | The ADX value for BGBIO.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:BGBIO (5/30/2025, 7:00:00 PM)
1.832
-0.1 (-5.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-5.08%
1 Week-4.38%
2 Weeks7.39%
1 Month8.15%
3 Month4.69%
6 Month-83.14%
12 Month-87.07%
2 Year527.4%
3 Year-88.28%
5 Year-95.34%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%5.91%
ATR Inc109.69%
Range Today0.17
ADR(20)0.11
ADR(20)%5.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.65
Mansfield-7.7
10 Day High2.15
10 Day Low1.71
20 Day High2.15
20 Day Low1.69
52 Week High15.67
52 Week Low1.45
CS1 End1.77
CR1 Start1.93
Volume & EV
DER(3)0.02%
DER(5)-0.06%
Volume509.11K
Volume Incr45.48%
Vol(5)350.17K
Vol(50)484.18K