BIEN SPAREBANK ASA (BIEN.OL) Stock Technical Analysis
OSL:BIEN - Euronext Oslo - NO0012706763 - Common Stock - Currency: NOK
Overall BIEN gets a technical rating of 7 out of 10. 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 991 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
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.
In the last month BIEN has a been trading in the 138.00 - 149.00 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
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.
Considerably lower volume is observed in the last couple of days.
BIEN 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 143.78, a Stop Loss order could be placed below this zone.
More info and screens
132.65
155.55
We found 2 important support areas.
- A support zone ranging from 139.99 to 143.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @133.99 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- 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 | 91.94 | POSITIVE | BIEN.OL has a high relative strength, it outperformed 91.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BIEN.OL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BIEN.OL is above a declining 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) | 50.82 | NEUTRAL | The RSI value for BIEN.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests BIEN.OL has a positive trend. |
| Stochastics (14,3) | 60.32 | NEUTRAL | The Stochastics value for BIEN.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for BIEN.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 7.73 | 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)
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 |
|---|---|---|---|
| 144.01 | 141.99 | 2.02 (1.40%) | 25.00% |
| An entry @144.01. This is a Buy Stop order right above the 10 day high. | An exit @141.99. 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 1.40%. | For a 0.35% 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 BIEN. 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:BIEN (6/20/2025, 7:00:00 PM)
144
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.7%
2 Weeks-0.69%
1 Month-0.69%
3 Month2.86%
6 Month20%
12 Month60%
2 Year64.38%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.86
ATR(20)%1.88%
ATR Inc-3.45%
Range Today2
ADR(20)2.4
ADR(20)%1.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.94
Mansfield1.68
10 Day High144
10 Day Low142
20 Day High149
20 Day Low138
52 Week High171
52 Week Low85
CS1 End143.78
CR1 Start154.01
Volume & EV
DER(3)0%
DER(5)0%
Volume356
Volume Incr-75.8%
Vol(5)263.6
Vol(50)991.44