BW ENERGY LTD (BWE.OL) Stock Technical Analysis
Europe - OSL:BWE - BMG0702P1086 - Common Stock
47.5 NOK
-2.4 (-4.81%)
Taking everything into account, BWE scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BWE is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, BWE did better than 95% of all other stocks. We also observe that the gains produced by BWE over the past year are nicely spread over this period.
BWE is part of the Oil, Gas & Consumable Fuels industry. There are 63 other stocks in this industry. BWE outperforms 95% of them.
BWE is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month BWE has a been trading in the 33.30 - 50.40 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Although BWE has an excellent technical rating, the quality of the presented setup is not ideal 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
31.37
50.41
5 important support areas can be observed.
- Support @46.54 from a horizontal line in the daily time frame.
- A support zone ranging from 34.79 to 35.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 33.74 to 34.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @32.85 from a horizontal line in the daily time frame.
- Support @31.69 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 49.89 to 49.91. 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 BWE.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BWE.OL is up. |
| ChartMill Relative Strength | 95.35 | POSITIVE | BWE.OL has a high relative strength, it outperformed 95.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BWE.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BWE.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BWE.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.72 | OVERBOUGHT | The high RSI value suggests BWE.OL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.67 | POSITIVE | The MACD value suggests BWE.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 96.67 | OVERBOUGHT | The high Stochastics value suggests BWE.OL may be overbought. |
| Average True Range in percent/ATR (20) | 4.04 | MEDIUM VOLATILITY | The ATR as a percentage value for BWE.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 42.73 | POSITIVE | The high ADX value value for BWE.OL suggests a strong 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)
OSL:BWE (10/7/2025, 4:09:19 PM)
47.5
-2.4 (-4.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-4.81%
1 Week4.61%
2 Weeks17%
1 Month50.3%
3 Month31.66%
6 Month91.19%
12 Month99.2%
2 Year78.85%
3 Year89.73%
5 Year237.16%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.27
ATR(20)%4.04%
ATR Inc-49.84%
Range Today2.5
ADR(20)1.87
ADR(20)%3.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.35
Mansfield4.73
10 Day High50.4
10 Day Low42.7
20 Day High50.4
20 Day Low33.3
52 Week High50.4
52 Week Low21.5
CS1 End46.54
CR1 StartN/A
Volume & EV
DER(3)-0.25%
DER(5)-1.47%
Volume63.26K
Volume Incr6.54%
Vol(5)155.89K
Vol(50)109.13K