BOUVET ASA (BOUV.OL) Stock Technical Analysis
OSL:BOUV • NO0010360266
We assign a technical rating of 0 out of 10 to BOUV. BOUV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, BOUV is a bad performer in the overall market: 92% of all stocks are doing better.
- BOUV is one of the lesser performing stocks in the IT Services industry. 76% of 65 stocks in the same industry do better.
- BOUV is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- BOUV is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Although the technical rating is bad, BOUV does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 48.94, a Stop Loss order could be placed below this zone.
More info and screens
48.05
When analyzing the support we notice one important area.
- A support zone ranging from 48.54 to 48.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 50.91 to 50.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @53.72 from a trend line in the daily time frame.
- Resistance @55.60 from a trend line in the weekly time frame.
- Resistance @81.60 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for BOUV.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BOUV.OL is down. |
| ChartMill Relative Strength | 8.19 | NEGATIVE | BOUV.OL has a low relative strength, it was outperformed by 91.81% 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) | DOWN | NEGATIVE | The current price of BOUV.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BOUV.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.94 | OVERSOLD | The low RSI value suggests BOUV.OL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests BOUV.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.34 | OVERSOLD | The low Stochastics value suggests BOUV.OL may be oversold. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for BOUV.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 36.44 | POSITIVE | The high ADX value value for BOUV.OL suggests a strong trend. |
OSL:BOUV (2/27/2026, 4:19:44 PM)
48.95
-0.2 (-0.41%)
BOUVET ASA / BOUV.OL FAQ
What is the ChartMill technical rating of BOUVET ASA (BOUV.OL) stock?
ChartMill assigns a technical rating of 0 / 10 to BOUV.OL.
What is the trend direction for BOUV stock?
The current trend direction for BOUVET ASA (BOUV.OL) is Bearish.
Can you provide the RSI signal for BOUVET ASA?
BOUVET ASA (BOUV.OL) has an RSI value of 26.9404. This indicates that the stock is currently oversold.
What is the MACD signal for BOUV stock?
The MACD indicator for BOUVET ASA (BOUV.OL) has a value of -0.159761, indicating a bearish trend.
What are the support and resistance levels for BOUVET ASA (BOUV.OL) stock?
BOUVET ASA (BOUV.OL) has a support level at 48.94 and a resistance level at 50.91. Check the full technical report for our detailed analysis of BOUV.OL support and resistance levels.