BORR DRILLING LTD (BORR.OL)

BMG1466R1732 - Common Stock

58.6  -0.45 (-0.76%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to BORR. BORR'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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
83% of all other stocks performed better in the past year than BORR.
BORR is one of the lesser performing stocks in the Energy Equipment & Services industry. 76% of 40 stocks in the same industry do better.
BORR is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so BORR is lagging the market.
In the last month BORR has a been trading in the 59.00 - 68.30 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
BORR Weekly chart
BORR Daily chart
Setup Rating and Analysis

6

BORR has a poor technical rating and the quality of the setup is also only medium 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.

Support and Resistance Analysis

58.01

74.74

4 important resistance areas can be observed.

  • A resistance zone ranging from 59.04 to 59.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 64.46 to 65.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 70.95 to 71.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @74.00 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.69
Mansfield-2.71
10 Day High64.45
10 Day Low59
20 Day High68.3
20 Day Low59
52 Week High91.55
52 Week Low59
Performance
1 Week-3.91%
2 Weeks-3.91%
1 Month-9.71%
3 Month-5.9%
6 Month-15.88%
12 Month-21.84%
2 Year52.11%
3 Year626.77%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.17
RSI(14)37.51
LBB58.31
UBB64.69
BORR Daily chart

BORR DRILLING LTD

OSL:BORR (5/2/2024, 3:46:12 PM)

58.6

-0.45 (-0.76%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.76%
1 Week-3.91%
2 Weeks-3.91%
1 Month-9.71%
3 Month-5.9%
6 Month-15.88%
12 Month-21.84%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.96
ATR(20)%4.34%
ATR Inc
Range Today1.45
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High64.45
10 Day Low59
20 Day High68.3
20 Day Low59
52 Week High91.55
52 Week Low59
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume184.78K
Volume Incr-51.25%
Vol(5)437.98K
Vol(50)734.07K