BLUENORD ASA (BNOR.OL) Stock Technical Analysis
Europe - OSL:BNOR - NO0010379266 - Common Stock
463.5 NOK
+4 (+0.87%)
Taking everything into account, BNOR scores 0 out of 10 in our technical rating. BNOR'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 negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, BNOR is a bad performer in the overall market: 80% of all stocks are doing better.
BNOR 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.
Warning: BNOR has an average volume of 23472 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month BNOR has a been trading in the 436.00 - 476.00 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
BNOR is part of the Oil, Gas & Consumable Fuels industry. There are 62 other stocks in this industry, BNOR did better than 49% of them.
BNOR has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 460.40, a Stop Loss order could be placed below this zone.
More info and screens
449.45
583.20
When analyzing the support we notice one important area.
- A support zone ranging from 453.99 to 460.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 490.13 to 493.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 574.30 to 577.43. 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 BNOR.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BNOR.OL is down. |
| ChartMill Relative Strength | 20.61 | NEGATIVE | BNOR.OL has a low relative strength, it was outperformed by 79.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BNOR.OL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BNOR.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BNOR.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.29 | NEUTRAL | The RSI value for BNOR.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.73 | POSITIVE | The MACD value suggests BNOR.OL has a positive trend. |
| Stochastics (14,3) | 66.21 | NEUTRAL | The Stochastics value for BNOR.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for BNOR.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 32.84 | POSITIVE | The high ADX value value for BNOR.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:BNOR (10/3/2025, 7:00:00 PM)
463.5
+4 (+0.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.87%
1 Week-1.8%
2 Weeks2.09%
1 Month-1.59%
3 Month-9.47%
6 Month-17.08%
12 Month-7.85%
2 Year-21.84%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)10.54
ATR(20)%2.41%
ATR Inc-59.33%
Range Today4.5
ADR(20)10.98
ADR(20)%2.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.61
Mansfield-2.82
10 Day High472.5
10 Day Low448.5
20 Day High476
20 Day Low436
52 Week High709
52 Week Low436
CS1 End460.4
CR1 Start490.13
Volume & EV
DER(3)0.74%
DER(5)0.65%
Volume14.34K
Volume Incr-25.04%
Vol(5)20.00K
Vol(50)23.47K