BIEN SPAREBANK ASA (BIEN.OL) Stock Technical Analysis
OSL:BIEN - Euronext Oslo - NO0012706763 - Common Stock - Currency: NOK
We assign a technical rating of 8 out of 10 to BIEN. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Warning: BIEN has an average volume of 1372 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that BIEN is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by BIEN over the past year are nicely spread over this period.
BIEN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BIEN is lagging the market slightly.
In the last month BIEN has a been trading in the 134.00 - 154.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, BIEN also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
129.68
155.55
3 important support areas can be observed.
- A support zone ranging from 140.24 to 141.05. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @133.99 from a horizontal line in the weekly time frame.
- Support @130.99 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 143.12 to 145.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @150.01 from a horizontal line in the weekly time frame.
- Resistance @154.01 from a horizontal line 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 BIEN.OL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BIEN.OL is neutral. |
| ChartMill Relative Strength | 91.24 | POSITIVE | BIEN.OL has a high relative strength, it outperformed 91.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BIEN.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BIEN.OL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BIEN.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.48 | NEUTRAL | The RSI value for BIEN.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests BIEN.OL has a negative trend. |
| Stochastics (14,3) | 58.33 | NEUTRAL | The Stochastics value for BIEN.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for BIEN.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 12.31 | NEGATIVE | The low ADX value for BIEN.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:BIEN (5/28/2025, 7:00:00 PM)
142
-1 (-0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.7%
1 Week-2.07%
2 Weeks-1.39%
1 Month-5.33%
3 Month5.19%
6 Month14.52%
12 Month57.78%
2 Year56.39%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.07
ATR(20)%3.27%
ATR Inc16.67%
Range Today2
ADR(20)4.25
ADR(20)%2.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.24
Mansfield2.03
10 Day High149
10 Day Low138
20 Day High154
20 Day Low134
52 Week High171
52 Week Low85
CS1 End141.05
CR1 Start143.12
Volume & EV
DER(3)0%
DER(5)0%
Volume1.68K
Volume Incr-11.49%
Vol(5)822.2
Vol(50)1.37K