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BYGGMA ASA (BMA.OL) Stock Technical Analysis

OSL:BMA - Oslo Bors ASA - NO0003087603 - Common Stock - Currency: NOK

17.5  +0.55 (+3.24%)

Technical Rating and Analysis

4

Taking everything into account, BMA scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. BMA was also a bad performer in the overall market in the last year.

61% of all other stocks performed better in the past year than BMA.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: BMA has an average volume of 5539 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month BMA has a been trading in the 15.15 - 19.00 range, which is quite wide. It is currently trading near the high of this range.
BMA is part of the Building Products industry. There are 18 other stocks in this industry, BMA did better than 64% of them.
BMA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BMA is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
BYGGMA ASA / BMA Weekly stock chart
BYGGMA ASA / BMA Daily stock chart
Setup Rating and Analysis

5

BMA has an average technical rating and the quality of the presented setup is also 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.

Support and Resistance Analysis

15.54

19.70

We found 2 important support areas.

  • A support zone ranging from 16.45 to 17.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 15.70 to 15.77. This zone is formed by a combination of multiple trend lines in the daily time frame.

2 important resistance areas can be observed.

  • Strong resistance @18.15 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 18.63 to 19.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.38
Mansfield-0.98
10 Day High18.5
10 Day Low15.15
20 Day High19
20 Day Low15.15
52 Week High19.9
52 Week Low13.4
Performance
1 Week11.47%
2 Weeks3.24%
1 Month3.86%
3 Month14.75%
6 Month-5.41%
12 Month-8.62%
2 Year-39.45%
3 Year-40.88%
5 Year-81.18%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)57.38
LBB15.49
UBB18.04
BYGGMA ASA / BMA Daily stock chart

BYGGMA ASA

OSL:BMA (2/4/2025, 7:00:00 PM)

17.5

+0.55 (+3.24%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg3.24%
1 Week11.47%
2 Weeks3.24%
1 Month3.86%
3 Month14.75%
6 Month-5.41%
12 Month-8.62%
2 Year-39.45%
3 Year-40.88%
5 Year-81.18%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.96
ATR(20)%6.4%
ATR Inc36.72%
Range Today1.25
ADR(20)1.06
ADR(20)%6.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.38
Mansfield-0.98
10 Day High18.5
10 Day Low15.15
20 Day High19
20 Day Low15.15
52 Week High19.9
52 Week Low13.4
CS1 End17.01
CR1 Start18.15
Volume & EV
DER(3)0%
DER(5)0%
Volume652
Volume Incr-71.67%
Vol(5)1.92K
Vol(50)5.54K