HAUGESUND SPAREBANK (HGSB.OL) Stock Technical Analysis
Europe - OSL:HGSB - NO0010764053 - Common Stock
161.98 NOK
+6.48 (+4.17%)
Taking everything into account, HGSB scores 0 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
71% of all other stocks performed better in the past year than HGSB.
HGSB is part of the Banks industry. There are 97 other stocks in this industry, of which 85% are performing better than HGSB.
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 597 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 155.00 and 164.00.
HGSB has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
153.03
189.88
When analyzing the support we notice one important area.
- A support zone ranging from 154.58 to 158.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 183.51 to 183.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | DOWN | NEGATIVE | The long term trend for HGSB.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HGSB.OL is down. |
| ChartMill Relative Strength | 29.99 | NEGATIVE | HGSB.OL has a low relative strength, it was outperformed by 70.01% off all stocks 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) | DOWN | NEGATIVE | The current price of HGSB.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of HGSB.OL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.59 | NEUTRAL | The RSI value for HGSB.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.72 | POSITIVE | The MACD value suggests HGSB.OL has a positive trend. |
| Stochastics (14,3) | 26.19 | NEUTRAL | The Stochastics value for HGSB.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for HGSB.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 35.92 | POSITIVE | The high ADX value value for HGSB.OL suggests a strong 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:HGSB (9/29/2025, 7:00:00 PM)
161.98
+6.48 (+4.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg4.17%
1 Week3.21%
2 Weeks1.34%
1 Month-1.23%
3 Month-12.81%
6 Month-9.09%
12 Month7.02%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.37
ATR(20)%1.87%
ATR Inc39.33%
Range Today1
ADR(20)2.32
ADR(20)%1.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.99
Mansfield-1.15
10 Day High160
10 Day Low155
20 Day High164
20 Day Low155
52 Week High194
52 Week Low138.1
CS1 End158.09
CR1 Start183.51
Volume & EV
DER(3)0%
DER(5)0%
Volume201
Volume Incr-0.57%
Vol(5)837.2
Vol(50)597.42