USA - New York Stock Exchange - NYSE:BORR - BMG1466R1732 - Common Stock
We assign a technical rating of 9 out of 10 to BORR. Both in the recent history as in the last year, BORR has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although BORR has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
2.73
We found 3 important support areas.
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 | UP | POSITIVE | The short term trend for BORR is up. |
| ChartMill Relative Strength | 88.14 | POSITIVE | BORR has a high relative strength, it outperformed 88.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BORR is above the rising 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) | UP | POSITIVE | The current price of BORR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.79 | OVERBOUGHT | The high RSI value suggests BORR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests BORR has a positive trend. |
| Stochastics (14,3) | 95.88 | OVERBOUGHT | The high Stochastics value suggests BORR may be overbought. |
| Average True Range in percent/ATR (20) | 5.03 | HIGH VOLATILITY | The high ATR as a percentage value for BORR suggests high volalility. |
| Average Directional Index/ADX (14) | 37.79 | POSITIVE | The high ADX value value for BORR suggests a strong trend. |
4.05
+0.29 (+7.71%)
ChartMill assigns a technical rating of 9 / 10 to BORR.
The current trend direction for BORR DRILLING LTD (BORR) is Bullish.
BORR DRILLING LTD (BORR) has an RSI value of 75.7938. This indicates that the stock is currently overbought.
The MACD indicator for BORR DRILLING LTD (BORR) has a value of 0.0722446, indicating a bearish trend.
The buy/sell signal for BORR DRILLING LTD (BORR) is buy as both the short term and long term trends are positive.