BERGENBIO ASA (BGBIO.OL) Stock Technical Analysis
Europe - OSL:BGBIO - NO0013251173 - Common Stock
1.198 NOK
+0.07 (+5.83%)
We assign a technical rating of 2 out of 10 to BGBIO. Recently some decent action could be observed, but in the medium term time frame this is still negative. BGBIO was also a bad performer in the overall market in the last year.
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.
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 one of the lesser performing stocks in the Biotechnology industry. 68% of 74 stocks in the same industry do better.
BGBIO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month BGBIO has a been trading in the 1.10 - 1.34 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.
BGBIO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
1.07
1.26
We found 4 important support areas.
- Support @1.19 from a trend line in the daily time frame.
- A support zone ranging from 1.16 to 1.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.11 to 1.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.08 to 1.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- Resistance @1.21 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1.23 to 1.25. This zone is formed by a combination of multiple trend lines and important moving averages 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 BGBIO.OL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BGBIO.OL is neutral. |
| ChartMill Relative Strength | 3.21 | NEGATIVE | BGBIO.OL has a low relative strength, it was outperformed by 96.79% 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) | 54.71 | NEUTRAL | The RSI value for BGBIO.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BGBIO.OL has a positive trend. |
| Stochastics (14,3) | 32.8 | NEUTRAL | The Stochastics value for BGBIO.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 6.21 | HIGH VOLATILITY | The high ATR as a percentage value for BGBIO.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 22.68 | 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 (10/30/2025, 3:44:05 PM)
1.198
+0.07 (+5.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg5.83%
1 Week2.57%
2 Weeks5.83%
1 Month0.5%
3 Month3.1%
6 Month-31.93%
12 Month-84.53%
2 Year461.12%
3 Year-83.7%
5 Year-95.68%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%6.21%
ATR Inc-30.53%
Range Today0
ADR(20)0.07
ADR(20)%5.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.21
3 months CRS49.76
6 months CRS5.24
Mansfield-7.1
10 Day High1.2
10 Day Low1.1
20 Day High1.34
20 Day Low1.1
52 Week High15.67
52 Week Low1.02
CS1 End1.19
CR1 Start1.21
Volume & EV
DER(3)-11.57%
DER(5)-6.94%
Volume6.11K
Volume Incr-64.83%
Vol(5)35.91K
Vol(50)69.11K
BERGENBIO ASA / BGBIO.OL FAQ
What is the technical rating for BGBIO stock?
ChartMill assigns a technical rating of 2 / 10 to BGBIO.OL.
Can you provide the trend direction for BERGENBIO ASA?
The current trend direction for BERGENBIO ASA (BGBIO.OL) is Bearish.
Can you provide the RSI signal for BERGENBIO ASA?
BERGENBIO ASA (BGBIO.OL) has an RSI value of 54.7105. This indicates that the stock is currently neutral.
What are the support and resistance levels for BERGENBIO ASA (BGBIO.OL) stock?
BERGENBIO ASA (BGBIO.OL) has a support level at 1.19 and a resistance level at 1.21. Check the full technical report for our detailed analysis of BGBIO.OL support and resistance levels.