BW OFFSHORE LTD (BWO.OL) Stock Technical Analysis
OSL:BWO - Euronext Oslo - BMG1190N1002 - Common Stock - Currency: NOK
Overall BWO gets a technical rating of 8 out of 10. 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 part of the Energy Equipment & Services industry. There are 36 other stocks in this industry. BWO outperforms 74% of them.
BWO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BWO is lagging the market slightly.
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.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When compared to the yearly performance of all other stocks, BWO outperforms 69% of them, which is more or less in line with the market.
BWO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 33.09, a Stop Loss order could be placed below this zone.
More info and screens
26.33
34.49
We found 4 important support areas.
- A support zone ranging from 31.45 to 33.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 30.09 to 30.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.39 from a trend line in the weekly time frame.
- A support zone ranging from 26.60 to 26.60. 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 | 69.03 | NEUTRAL | BWO.OL is not amongst the best or worst performers 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) | 59.01 | NEUTRAL | The RSI value for BWO.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BWO.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.36 | NEUTRAL | The Stochastics value for BWO.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.96 | MEDIUM VOLATILITY | The ATR as a percentage value for BWO.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 29.76 | POSITIVE | The high ADX value value for BWO.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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 35.11 | 33.09 | 2.02 (5.75%) | 17.38% |
| An entry @35.11. This is a Buy Stop order right above the 10 day high. | An exit @33.09. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.02 points, which is 5.75%. | When investing 17.38% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OSL:BWO (7/24/2025, 4:19:29 PM)
34.15
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg0%
1 Week1.49%
2 Weeks-2.01%
1 Month10.34%
3 Month20.67%
6 Month11.78%
12 Month9.28%
2 Year23.29%
3 Year26.39%
5 Year9.18%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.88
ATR(20)%2.96%
ATR Inc-50.18%
Range Today0.4
ADR(20)0.96
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
CRS69.03
Mansfield0.4
10 Day High35.1
10 Day Low33.1
20 Day High35.1
20 Day Low29.8
52 Week High35.4
52 Week Low25.15
CS1 End33.09
CR1 StartN/A
Volume & EV
DER(3)1.59%
DER(5)0.66%
Volume9.32K
Volume Incr-71.35%
Vol(5)30.15K
Vol(50)89.89K