SPAREBANK 1 HELGELAND (HELG.OL) Stock Technical Analysis
OSL:HELG - Euronext Oslo - NO0010029804 - Common Stock - Currency: NOK
Overall HELG gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HELG is showing a nice and steady performance.
Besides having an excellent technical rating, HELG also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 179.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 173.75, a Stop Loss order could be placed below this zone.
More info and screens
127.14
5 important support areas can be observed.
- A support zone ranging from 172.78 to 175.25. 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 168.84 to 169.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 151.57 to 153.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @142.00 from a horizontal line in the daily time frame.
- Support @128.42 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 179.00 to 179.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 HELG.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HELG.OL is up. |
| ChartMill Relative Strength | 88.45 | POSITIVE | HELG.OL has a high relative strength, it outperformed 88.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HELG.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HELG.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HELG.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.46 | NEUTRAL | The RSI value for HELG.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests HELG.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 74.34 | NEUTRAL | The Stochastics value for HELG.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.83 | LOW VOLATILITY | The low ATR as a percentage value for HELG.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 19.34 | NEGATIVE | The low ADX value for HELG.OL suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 179.02 | 169.01 | 10.01 (5.59%) | 17.88% |
| An entry @179.02. This is a Buy Stop order right above the resistance zone. | An exit @169.01. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 10.01 points, which is 5.59%. | For a 1.00% total portfolio risk, you can invest 17.88% 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.
OSL:HELG (7/2/2025, 7:00:00 PM)
176.48
+1.54 (+0.88%)