Logo image of BOUV.OL

BOUVET ASA (BOUV.OL) Stock Technical Analysis

OSL:BOUV - Oslo Bors ASA - NO0010360266 - Common Stock - Currency: NOK

81.3  -0.1 (-0.12%)

Technical Rating and Analysis

10

Overall BOUV gets a technical rating of 10 out of 10. Both in the recent history as in the last year, BOUV has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that BOUV is one of the better performing stocks in the market, outperforming 84% of all stocks. On top of that, BOUV also shows a nice and consistent pattern of rising prices.
BOUV is one of the better performing stocks in the IT Services industry, it outperforms 85% of 71 stocks in the same industry.
BOUV 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 BOUV is lagging the market slightly.
BOUV 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.
Weekly and Daily overview Charts
BOUVET ASA / BOUV Weekly stock chart
BOUVET ASA / BOUV Daily stock chart
Setup Rating and Analysis

7

BOUV has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.

Support and Resistance Analysis

59.60

84.44

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 73.53 to 74.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 70.80 to 70.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @67.56 from a trend line in the weekly time frame.
  • Support @60.20 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • Resistance @83.60 from a horizontal line in the daily time frame.
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
CRS84.03
Mansfield1.08
10 Day High83.8
10 Day Low79.4
20 Day High84
20 Day Low76.4
52 Week High84
52 Week Low57.5
Performance
1 Week-1.09%
2 Weeks-2.75%
1 Month6.83%
3 Month17.49%
6 Month31.34%
12 Month35.05%
2 Year34.16%
3 Year26.05%
5 YearN/A
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)-0.22
RSI(14)60.09
LBB79.38
UBB83.12
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
83.6179.394.22 (5.05%)19.81%
An entry @83.61. This is a Buy Stop order right above the resistance zone.An exit @79.39. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 4.22 points, which is 5.05%.For a 1.00% total portfolio risk, you can invest 19.81% of your capital in this trade.

  • 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.
BOUVET ASA / BOUV Daily stock chart

BOUVET ASA

OSL:BOUV (2/5/2025, 4:18:07 PM)

81.3

-0.1 (-0.12%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-0.12%
1 Week-1.09%
2 Weeks-2.75%
1 Month6.83%
3 Month17.49%
6 Month31.34%
12 Month35.05%
2 Year34.16%
3 Year26.05%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.68
ATR(20)%2.04%
ATR Inc-41.67%
Range Today0.85
ADR(20)1.63
ADR(20)%2.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.03
Mansfield1.08
10 Day High83.8
10 Day Low79.4
20 Day High84
20 Day Low76.4
52 Week High84
52 Week Low57.5
CS1 End74.35
CR1 Start83.6
Volume & EV
DER(3)0.32%
DER(5)-1.11%
Volume12.17K
Volume Incr-26.28%
Vol(5)25.20K
Vol(50)31.78K