BORGESTAD ASA (BOR.OL) Stock Technical Analysis
OSL:BOR - Euronext Oslo - NO0013256180 - Common Stock - Currency: NOK
Overall BOR gets a technical rating of 7 out of 10. In the last year, BOR was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Warning: BOR has an average volume of 16319 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
BOR is part of the Construction Materials industry. There are 12 other stocks in this industry. BOR outperforms 90% of them.
BOR 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 BOR is performing more or less in line with the market.
In the last month BOR has a been trading in the 16.80 - 18.48 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.
When comparing the yearly performance of all stocks, we notice that BOR is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, BOR also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 17.83, a Stop Loss order could be placed below this zone.
More info and screens
15.94
18.86
3 important support areas can be observed.
- A support zone ranging from 17.37 to 17.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.68 to 16.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 16.10 to 16.29. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 17.94 to 18.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @18.67 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 BOR.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BOR.OL is up. |
| ChartMill Relative Strength | 99.48 | POSITIVE | BOR.OL has a high relative strength, it outperformed 99.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BOR.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BOR.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BOR.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.79 | NEUTRAL | The RSI value for BOR.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BOR.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.57 | NEUTRAL | The Stochastics value for BOR.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.17 | MEDIUM VOLATILITY | The ATR as a percentage value for BOR.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 10.67 | NEGATIVE | The low ADX value for BOR.OL suggests a weak or negative 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)
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 |
|---|---|---|---|
| 18.01 | 17.36 | 0.65 (3.61%) | 25.00% |
| An entry @18.01. This is a Buy Stop order right above the resistance zone. | An exit @17.36. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.65 points, which is 3.61%. | For a 0.90% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BOR. Please evaluate whether better entry and exit points can be found.
- 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.
OSL:BOR (5/27/2025, 7:00:00 PM)
17.9
+0.3 (+1.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryConstruction Materials
Performance
% Chg1.7%
1 Week0%
2 Weeks-0.39%
1 Month2.29%
3 Month-3.26%
6 Month4.32%
12 Month4172.08%
2 Year1143.06%
3 Year736.45%
5 Year58.41%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%2.17%
ATR Inc0.88%
Range Today0.2
ADR(20)0.34
ADR(20)%1.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.48
Mansfield0.36
10 Day High18.4
10 Day Low16.8
20 Day High18.48
20 Day Low16.8
52 Week High20.4
52 Week Low0.39
CS1 End17.83
CR1 Start17.94
Volume & EV
DER(3)1.09%
DER(5)-0.28%
Volume8.09K
Volume Incr375.36%
Vol(5)49.04K
Vol(50)16.32K