BORREGAARD ASA (BRG.OL) Stock Technical Analysis
OSL:BRG • NO0010657505
We assign a technical rating of 0 out of 10 to BRG. BRG'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, BRG is a bad performer in the overall market: 78% of all stocks are doing better.
- BRG 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.
- BRG is part of the Chemicals industry. There are 69 other stocks in this industry, BRG did better than 41% of them.
- BRG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BRG is lagging the market.
BRG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 184.80. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for BRG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
171.55
We found 1 important support area.
- A support zone ranging from 173.28 to 175.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 184.80 to 185.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 193.40 to 199.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @205.50 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 BRG.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BRG.OL is down. |
| ChartMill Relative Strength | 22.58 | NEGATIVE | BRG.OL has a low relative strength, it was outperformed by 77.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BRG.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BRG.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BRG.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.06 | NEUTRAL | The RSI value for BRG.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests BRG.OL has a positive trend. |
| Stochastics (14,3) | 41.21 | NEUTRAL | The Stochastics value for BRG.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for BRG.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 28.01 | POSITIVE | The high ADX value value for BRG.OL suggests a strong trend. |
OSL:BRG (2/23/2026, 4:19:50 PM)
176.8
-2.6 (-1.45%)
BORREGAARD ASA / BRG.OL FAQ
Can you provide the ChartMill technical rating for BORREGAARD ASA?
ChartMill assigns a technical rating of 0 / 10 to BRG.OL.
What is the current trend direction of BORREGAARD ASA (BRG.OL) stock?
The current trend direction for BORREGAARD ASA (BRG.OL) is Bearish.
What is the RSI signal for BRG stock?
BORREGAARD ASA (BRG.OL) has an RSI value of 40.0578. This indicates that the stock is currently neutral.
What is the short term momentum for BORREGAARD ASA (BRG.OL) stock?
The short term momentum for BORREGAARD ASA (BRG.OL) is negative.
What is the support and resistance level for BRG stock?
BORREGAARD ASA (BRG.OL) has a support level at 175.42 and a resistance level at 184.8. Check the full technical report for our detailed analysis of BRG.OL support and resistance levels.