BORR DRILLING LTD (BORR) Stock Technical Analysis
USA - NYSE:BORR - BMG1466R1732 - Common Stock
2.75 USD
-0.12 (-4.18%)
2.76 USD
+0.01 (+0.36%)
Overall BORR gets a technical rating of 5 out of 10. In the last year, BORR was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
When comparing the yearly performance of all stocks, BORR is a bad performer in the overall market: 79% of all stocks are doing better.
In the last month BORR has a been trading in the 2.60 - 3.26 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
BORR has an average volume of 4843370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BORR is part of the Energy Equipment & Services industry. There are 61 other stocks in this industry, BORR did better than 48% of them.
BORR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BORR is lagging the market.
BORR has an average technical rating and it also does not offer a high quality setup 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.
More info and screens
1.81
3.12
We found 4 important support areas.
- A support zone ranging from 2.65 to 2.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.13 from a trend line in the daily time frame.
- Support @1.96 from a trend line in the daily time frame.
- Support @1.83 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.85 to 2.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.05 to 3.09. 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 | UP | POSITIVE | The long term trend for BORR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BORR is neutral. |
| ChartMill Relative Strength | 21.41 | NEGATIVE | BORR has a low relative strength, it was outperformed by 78.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BORR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BORR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BORR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.14 | NEUTRAL | The RSI value for BORR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BORR has a negative trend. |
| Stochastics (14,3) | 36.51 | NEUTRAL | The Stochastics value for BORR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.07 | HIGH VOLATILITY | The high ATR as a percentage value for BORR suggests high volalility. |
| Average Directional Index/ADX (14) | 24.11 | NEUTRAL | The ADX value for BORR suggests a possible start of a new 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)
2.75
-0.12 (-4.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-4.18%
1 Week2.23%
2 Weeks-9.54%
1 Month-9.54%
3 Month34.15%
6 Month36.82%
12 Month-48.79%
2 Year-55.14%
3 Year-43.99%
5 Year252.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%5.07%
ATR Inc-15.36%
Range Today0.16
ADR(20)0.13
ADR(20)%4.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.41
Mansfield-1.19
10 Day High3.2
10 Day Low2.6
20 Day High3.26
20 Day Low2.6
52 Week High5.31
52 Week Low1.55
CS1 End2.69
CR1 Start2.85
Volume & EV
DER(3)4.03%
DER(5)4.27%
Volume4.25M
Volume Incr-14.47%
Vol(5)3.55M
Vol(50)4.84M