HAUGESUND SPAREBANK (HGSB.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:HGSB - NO0010764053 - Common Stock
Taking everything into account, HGSB scores 2 out of 10 in our technical rating. HGSB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 64% of all other stocks performed better in the past year than HGSB.
- HGSB is one of the lesser performing stocks in the Banks industry. 67% of 118 stocks in the same industry do better.
- HGSB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Warning: HGSB has an average volume of 528 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month HGSB has a been trading in the 155.02 - 164.50 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.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, HGSB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 164.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 161.60, a Stop Loss order could be placed below this zone.
More info and screens
153.03
When analyzing the support we can see 3 important areas.
- A support zone ranging from 160.08 to 161.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 157.47 to 157.50. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 154.58 to 154.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Strong resistance @164.00 from a horizontal line in the daily time frame.
- Resistance @176.89 from a trend line in the daily time frame.
- Resistance @188.00 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 | NEUTRAL | NEUTRAL | The long term trend for HGSB.OL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HGSB.OL is neutral. |
| ChartMill Relative Strength | 36.65 | NEUTRAL | HGSB.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HGSB.OL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HGSB.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HGSB.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.57 | NEUTRAL | The RSI value for HGSB.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests HGSB.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.86 | NEUTRAL | The Stochastics value for HGSB.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for HGSB.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 26.91 | POSITIVE | The high ADX value value for HGSB.OL suggests a strong trend. |
OSL:HGSB (1/13/2026, 7:00:00 PM)
161.92
0 (0%)
HAUGESUND SPAREBANK / HGSB.OL FAQ
What is the technical rating for HGSB stock?
ChartMill assigns a technical rating of 2 / 10 to HGSB.OL.
What is the current trend direction of HAUGESUND SPAREBANK (HGSB.OL) stock?
The current trend direction for HAUGESUND SPAREBANK (HGSB.OL) is Bearish.
What is the RSI signal for HAUGESUND SPAREBANK (HGSB.OL) stock?
HAUGESUND SPAREBANK (HGSB.OL) has an RSI value of 54.5657. This indicates that the stock is currently neutral.
What is the short term momentum for HGSB stock?
The short term momentum for HAUGESUND SPAREBANK (HGSB.OL) is neutral.