BYGGMA ASA (BMA.OL) Stock Technical Analysis
OSL:BMA - Euronext Oslo - NO0003087603 - Common Stock - Currency: NOK
We assign a technical rating of 8 out of 10 to BMA. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BMA is only an average performer.
Warning: BMA has an average volume of 3167 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
BMA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BMA is performing more or less in line with the market.
BMA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the performance of all stocks over the past year, BMA turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
BMA is an average performer in the Building Products industry, it outperforms 68% of 23 stocks in the same industry.
Although BMA has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
14.80
20.10
We found 2 important support areas.
- A support zone ranging from 18.64 to 18.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.95 to 15.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 19.00 to 19.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.90 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 | UP | POSITIVE | The long term trend for BMA.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BMA.OL is up. |
| ChartMill Relative Strength | 65.11 | NEUTRAL | BMA.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BMA.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BMA.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BMA.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.57 | NEUTRAL | The RSI value for BMA.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests BMA.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.3 | NEUTRAL | The Stochastics value for BMA.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.5 | HIGH VOLATILITY | The high ATR as a percentage value for BMA.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 25.29 | POSITIVE | The high ADX value value for BMA.OL suggests a strong 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:BMA (5/23/2025, 7:00:00 PM)
18.9
-0.3 (-1.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg-1.56%
1 Week-0.53%
2 Weeks11.18%
1 Month18.13%
3 Month10.85%
6 Month26%
12 Month1.89%
2 Year-25.3%
3 Year-35.93%
5 Year-79.68%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.22
ATR(20)%5.5%
ATR Inc-13.04%
Range Today1.9
ADR(20)0.93
ADR(20)%4.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.11
Mansfield0.77
10 Day High20.8
10 Day Low15.9
20 Day High20.8
20 Day Low15.8
52 Week High21.5
52 Week Low13.4
CS1 End18.89
CR1 Start19
Volume & EV
DER(3)0%
DER(5)0.95%
Volume100
Volume Incr292.1%
Vol(5)8.69K
Vol(50)3.17K