BW OFFSHORE LTD (BWO.OL) Stock Technical Analysis
OSL:BWO - Euronext Oslo - BMG1190N1002 - Common Stock - Currency: NOK
We assign a technical rating of 3 out of 10 to BWO. BWO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, BWO turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
BWO is an average performer in the Energy Equipment & Services industry, it outperforms 55% of 35 stocks in the same industry.
BWO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BWO is lagging the market.
In the last month BWO has a been trading in the 29.80 - 33.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, BWO does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 31.61. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for BWO 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
26.14
34.35
3 important support areas can be observed.
- A support zone ranging from 30.10 to 31.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.19 from a trend line in the weekly time frame.
- A support zone ranging from 26.40 to 26.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 31.64 to 31.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 33.20 to 34.01. 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 | NEUTRAL | NEUTRAL | The long term trend for BWO.OL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BWO.OL is neutral. |
| ChartMill Relative Strength | 50.95 | NEUTRAL | BWO.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BWO.OL is below a declining 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) | 47.27 | NEUTRAL | The RSI value for BWO.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests BWO.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.51 | OVERSOLD | The low Stochastics value suggests BWO.OL may be oversold. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for BWO.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 14.46 | NEGATIVE | The low ADX value for BWO.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)
OSL:BWO (7/3/2025, 10:58:27 AM)
31.325
+0.32 (+1.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg1.05%
1 Week2.99%
2 Weeks-5.78%
1 Month-7.74%
3 Month12.73%
6 Month-2.36%
12 Month-0.32%
2 Year11.91%
3 Year14.73%
5 Year-0.9%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.29
ATR(20)%3.85%
ATR Inc0%
Range Today0.5
ADR(20)1.16
ADR(20)%3.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.95
Mansfield-0.37
10 Day High32.85
10 Day Low29.8
20 Day High33.95
20 Day Low29.8
52 Week High35.4
52 Week Low25.15
CS1 End27.13
CR1 Start31.61
Volume & EV
DER(3)4.03%
DER(5)2.71%
Volume22.01K
Volume Incr4.77%
Vol(5)118.02K
Vol(50)89.79K