BOUVET ASA (BOUV.OL) Stock Technical Analysis
OSL:BOUV - Euronext Oslo - NO0010360266 - Common Stock - Currency: NOK
Taking everything into account, BOUV scores 6 out of 10 in our technical rating. BOUV was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month BOUV has a been trading in the 75.30 - 81.40 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that BOUV is one of the better performing stocks in the market, outperforming 75% of all stocks. We also observe that the gains produced by BOUV over the past year are nicely spread over this period.
BOUV is one of the better performing stocks in the IT Services industry, it outperforms 73% of 74 stocks in the same industry.
BOUV 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 BOUV is performing more or less in line with the market.
Although the technical rating is only medium, BOUV does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 76.19, a Stop Loss order could be placed below this zone.
More info and screens
59.60
84.44
When analyzing the support we can see 3 important areas.
- A support zone ranging from 75.30 to 76.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 69.60 to 71.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @60.20 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 77.16 to 78.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 81.60 to 83.60. 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 BOUV.OL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BOUV.OL is neutral. |
| ChartMill Relative Strength | 75.81 | POSITIVE | BOUV.OL has a high relative strength, it outperformed 75.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BOUV.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BOUV.OL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BOUV.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.25 | NEUTRAL | The RSI value for BOUV.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests BOUV.OL has a negative trend. |
| Stochastics (14,3) | 43.38 | NEUTRAL | The Stochastics value for BOUV.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for BOUV.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 18.55 | NEGATIVE | The low ADX value for BOUV.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 |
|---|---|---|---|
| 78.03 | 75.49 | 2.54 (3.26%) | 25.00% |
| An entry @78.03. This is a Buy Stop order right above the resistance zone. | An exit @75.49. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.54 points, which is 3.26%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.81%. |
- 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:BOUV (6/16/2025, 1:49:34 PM)
77
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0%
1 Week-0.65%
2 Weeks0.13%
1 Month-4.47%
3 Month7.24%
6 Month2.12%
12 Month20.31%
2 Year18.64%
3 Year30.73%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.49
ATR(20)%2.06%
ATR Inc-21.9%
Range Today0.6
ADR(20)1.58
ADR(20)%2.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.81
Mansfield0.24
10 Day High79
10 Day Low75.5
20 Day High81.4
20 Day Low75.3
52 Week High84
52 Week Low59
CS1 End76.19
CR1 Start77.16
Volume & EV
DER(3)-2.14%
DER(5)-1.32%
Volume10.61K
Volume Incr-2.58%
Vol(5)46.05K
Vol(50)53.10K