BW OFFSHORE LTD (BWO.OL) Stock Technical Analysis
OSL:BWO - Euronext Oslo - BMG1190N1002 - Common Stock - Currency: NOK
Taking everything into account, BWO scores 8 out of 10 in our technical rating. Although BWO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
BWO is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 85% of 35 stocks in the same industry.
A new 52 week high is currently being made by BWO, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so BWO is leading the market.
BWO is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Looking at the yearly performance, BWO did better than 72% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Although BWO has an excellent technical rating, it does not offer a high quality setup 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
25.29
34.05
We found 4 important support areas.
- A support zone ranging from 31.52 to 31.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 29.65 to 29.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 26.60 to 26.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.55 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 33.71 to 33.71. 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 BWO.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BWO.OL is up. |
| ChartMill Relative Strength | 72.84 | POSITIVE | BWO.OL has a high relative strength, it outperformed 72.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BWO.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BWO.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BWO.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.4 | NEUTRAL | The RSI value for BWO.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BWO.OL has a positive trend. |
| Stochastics (14,3) | 72.22 | NEUTRAL | The Stochastics value for BWO.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for BWO.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 24.21 | NEUTRAL | The ADX value for BWO.OL suggests a possible start of a new 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:BWO (5/30/2025, 7:00:00 PM)
33.6
+1.15 (+3.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg3.54%
1 Week5%
2 Weeks3.86%
1 Month18.1%
3 Month11.63%
6 Month20.43%
12 Month10.89%
2 Year30.74%
3 Year-3.84%
5 Year4.87%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.03
ATR(20)%3%
ATR Inc34.52%
Range Today1.45
ADR(20)0.95
ADR(20)%2.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.84
Mansfield0.92
10 Day High33.7
10 Day Low31.35
20 Day High33.7
20 Day Low27.3
52 Week High33.7
52 Week Low25.15
CS1 End31.79
CR1 Start33.71
Volume & EV
DER(3)2.19%
DER(5)1.3%
Volume135.43K
Volume Incr-23.28%
Vol(5)54.47K
Vol(50)81.02K