BLUENORD ASA (BNOR.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:BNOR - NO0010379266 - Common Stock
Taking everything into account, BNOR scores 1 out of 10 in our technical rating. BNOR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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.
- 89% of all other stocks performed better in the past year than BNOR.
- BNOR is part of the Oil, Gas & Consumable Fuels industry. There are 75 other stocks in this industry, of which 64% are performing better than BNOR.
- 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.
- In the last month BNOR has a been trading in the 399.50 - 469.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
Although the technical rating is bad, BNOR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 416.00, a Stop Loss order could be placed below this zone.
More info and screens
410.35
When analyzing the support we notice one important area.
- A support zone ranging from 414.49 to 416.00. This zone is formed by a combination of multiple trend lines in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 430.00 to 446.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 462.78 to 467.51. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @502.65 from a trend line in the daily time frame.
- Resistance @524.57 from a trend line in the weekly 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 BNOR.OL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BNOR.OL is neutral. |
| ChartMill Relative Strength | 11.75 | NEGATIVE | BNOR.OL has a low relative strength, it was outperformed by 88.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BNOR.OL is below the rising 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 | NEUTRAL | The RSI value for BNOR.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.9 | POSITIVE | The MACD value suggests BNOR.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 22.09 | NEUTRAL | The Stochastics value for BNOR.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.26 | MEDIUM VOLATILITY | The ATR as a percentage value for BNOR.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 14.84 | NEGATIVE | The low ADX value for BNOR.OL suggests a weak or negative trend. |
OSL:BNOR (1/20/2026, 9:25:10 AM)
428
-2 (-0.47%)
BLUENORD ASA / BNOR.OL FAQ
What is the ChartMill technical rating of BLUENORD ASA (BNOR.OL) stock?
ChartMill assigns a technical rating of 1 / 10 to BNOR.OL.
What is the trend direction for BNOR stock?
The current trend direction for BLUENORD ASA (BNOR.OL) is Bearish.
What is the RSI signal for BNOR stock?
BLUENORD ASA (BNOR.OL) has an RSI value of 47.9974. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BLUENORD ASA?
The MACD indicator for BLUENORD ASA (BNOR.OL) has a value of 0.898046, indicating a bearish trend.
What are the support and resistance levels for BLUENORD ASA (BNOR.OL) stock?
BLUENORD ASA (BNOR.OL) has a support level at 416 and a resistance level at 430. Check the full technical report for our detailed analysis of BNOR.OL support and resistance levels.