BLUENORD ASA (BNOR.OL) Technical Analysis
OSL:BNOR • NO0010379266
Current stock price
BNOR.OL Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to BNOR. In the last year, BNOR was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- BNOR is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 60% of 76 stocks in the same industry do better.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- BNOR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BNOR is lagging the market slightly.
- When comparing the performance of all stocks over the past year, BNOR turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
- In the last month BNOR has a been trading in the 523.00 - 610.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BNOR.OL Weekly and Daily overview Charts
BNOR.OL Setup Rating and Analysis
Although the technical rating is only medium, BNOR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 582.43. Right above this resistance zone may be a good entry point.
More info and screens
BNOR.OL Support and Resistance Analysis
411.84
We found 5 important support areas.
- Support @548.99 from a horizontal line in the weekly time frame.
- Support @536.99 from a horizontal line in the daily time frame.
- Support @485.31 from a trend line in the daily time frame.
- Support @446.00 from a horizontal line in the daily time frame.
- Support @416.00 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 582.43 to 588.01. This zone is formed by a combination of multiple trend lines in the weekly time frame.
BNOR.OL Technical Indicator Signal Analysis
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 BNOR.OL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BNOR.OL is neutral. |
| ChartMill Relative Strength | 53.68 | NEUTRAL | BNOR.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BNOR.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BNOR.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BNOR.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.4 | NEUTRAL | The RSI value for BNOR.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -5.85 | NEGATIVE | The MACD value suggests BNOR.OL has a negative trend. |
| Stochastics (14,3) | 29.12 | NEUTRAL | The Stochastics value for BNOR.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.99 | MEDIUM VOLATILITY | The ATR as a percentage value for BNOR.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 10.2 | NEGATIVE | The low ADX value for BNOR.OL suggests a weak or negative trend. |
BNOR.OL Chart- and CandleStick Pattern Analysis
BNOR.OL Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 588.02 | 548.98 | 39.04 (6.64%) | 15.06% |
| An entry @588.02. This is a Buy Stop order right above the resistance zone. | An exit @548.98. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 39.04 points, which is 6.64%. | When investing 15.06% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BNOR.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:BNOR (4/13/2026, 3:04:34 PM)
565.5
+16.5 (+3.01%)
BLUENORD ASA / BNOR.OL TA FAQ
What is the ChartMill technical rating of BLUENORD ASA (BNOR.OL) stock?
ChartMill assigns a technical rating of 6 / 10 to BNOR.OL.
What is the trend direction for BNOR stock?
The current trend direction for BLUENORD ASA (BNOR.OL) is Bullish.
What is the RSI signal for BLUENORD ASA (BNOR.OL) stock?
BLUENORD ASA (BNOR.OL) has an RSI value of 50.3995. This indicates that the stock is currently neutral.
What is the support and resistance level for BNOR stock?
BLUENORD ASA (BNOR.OL) has a support level at 548.99 and a resistance level at 582.43. Check the full technical report for our detailed analysis of BNOR.OL support and resistance levels.