BW OFFSHORE LTD (BWO.OL) Stock Technical Analysis
OSL:BWO - Euronext Oslo - BMG1190N1002 - Common Stock - Currency: NOK
We assign a technical rating of 8 out of 10 to BWO. 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.
Both the short term and long term trends are positive. This is a very positive sign.
BWO is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 74% of 36 stocks in the same industry.
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 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 68% of all stocks.
Besides having an excellent technical rating, BWO also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 33.70, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
26.33
34.49
We found 5 important support areas.
- A support zone ranging from 33.29 to 33.70. 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 31.45 to 32.66. 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.
We found 1 important resistance area.
- A resistance zone ranging from 34.11 to 34.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | 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 | 68.1 | 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) | 58.33 | NEUTRAL | The RSI value for BWO.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BWO.OL has a negative trend. |
| Stochastics (14,3) | 72.77 | NEUTRAL | The Stochastics value for BWO.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.73 | MEDIUM VOLATILITY | The ATR as a percentage value for BWO.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 30.04 | 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 |
|---|---|---|---|
| 34.16 | 33.28 | 0.88 (2.58%) | 25.00% |
| An entry @34.16. This is a Buy Stop order right above the resistance zone. | An exit @33.28. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.88 points, which is 2.58%. | For a 0.64% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BWO. Please evaluate whether better entry and exit points can be found.
- 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 (7/25/2025, 7:00:00 PM)
34.1
-0.1 (-0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.29%
1 Week0.44%
2 Weeks-2.43%
1 Month13.29%
3 Month20.49%
6 Month11.62%
12 Month9.12%
2 Year23.1%
3 Year26.2%
5 Year9.02%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.89
ATR(20)%2.73%
ATR Inc-52.99%
Range Today0.45
ADR(20)0.89
ADR(20)%2.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.1
Mansfield0.34
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 End33.7
CR1 Start34.11
Volume & EV
DER(3)-0.14%
DER(5)0.58%
Volume25.44K
Volume Incr-54.63%
Vol(5)41.54K
Vol(50)88.60K