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HAUGESUND SPAREBANK (HGSB.OL) Stock Technical Analysis

Europe - OSL:HGSB - NO0010764053 - Common Stock

159 NOK
0 (0%)
Last: 10/23/2025, 7:00:00 PM
Technical Rating and Analysis

1

Taking everything into account, HGSB scores 1 out of 10 in our technical rating. HGSB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, HGSB is a bad performer in the overall market: 63% of all stocks are doing better.
HGSB is one of the lesser performing stocks in the Banks industry. 78% of 99 stocks in the same industry do better.
HGSB is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: HGSB has an average volume of 834 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
HGSB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HGSB is lagging the market.
In the last month HGSB has a been trading in a tight range between 156.00 and 162.00.
Weekly and Daily overview Charts
HAUGESUND SPAREBANK / HGSB Weekly stock chart
HAUGESUND SPAREBANK / HGSB Daily stock chart
Setup Rating and Analysis

8

HGSB has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 160.77. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 158.81, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

153.03

189.88

When analyzing the support we notice one important area.

  • A support zone ranging from 154.58 to 158.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 160.77 to 164.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @188.00 from a horizontal line in the daily time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for HGSB.OL is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for HGSB.OL is neutral.
ChartMill Relative Strength37.64NEUTRALHGSB.OL is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of HGSB.OL is above the rising SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of HGSB.OL is below a declining SMA(50).
Simple Moving Average/SMA (200)UPMIXEDThe current price of HGSB.OL is below the rising SMA(200).
Relative Strength Index/RSI (14)50.07NEUTRALThe RSI value for HGSB.OL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.39POSITIVEThe MACD value suggests HGSB.OL has a positive trend.
Stochastics (14,3)41.67NEUTRALThe Stochastics value for HGSB.OL is a neutral value.
Average True Range in percent/ATR (20)1.49LOW VOLATILITYThe low ATR as a percentage value for HGSB.OL suggests low volalility.
Average Directional Index/ADX (14)16.61NEGATIVEThe low ADX value for HGSB.OL suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
HAUGESUND SPAREBANK / HGSB Daily stock chart

HAUGESUND SPAREBANK

OSL:HGSB (10/23/2025, 7:00:00 PM)

159

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0%
1 Week-1.23%
2 Weeks-0.62%
1 Month2.25%
3 Month-11.17%
6 Month-2.14%
12 Month15.05%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.25
ATR(20)%1.49%
ATR Inc-11.72%
Range Today1.98
ADR(20)1.54
ADR(20)%0.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.64
3 months CRS13.03
6 months CRS22.99
Mansfield-1.31
10 Day High161.6
10 Day Low156
20 Day High162
20 Day Low156
52 Week High194
52 Week Low141.02
CS1 End158.81
CR1 Start160.77
Volume & EV
DER(3)0%
DER(5)0%
Volume237
Volume Incr55.75%
Vol(5)1.25K
Vol(50)834.3

HAUGESUND SPAREBANK / HGSB.OL FAQ

What is the technical rating for HGSB stock?

ChartMill assigns a technical rating of 1 / 10 to HGSB.OL.


Can you provide the trend direction for HAUGESUND SPAREBANK?

The current trend direction for HAUGESUND SPAREBANK (HGSB.OL) is Bearish.


Can you provide the RSI signal for HAUGESUND SPAREBANK?

HAUGESUND SPAREBANK (HGSB.OL) has an RSI value of 50.0712. This indicates that the stock is currently neutral.


What is the MACD signal for HAUGESUND SPAREBANK (HGSB.OL) stock?

The MACD indicator for HAUGESUND SPAREBANK (HGSB.OL) has a value of 0.39347, indicating a bearish trend.