HAUGESUND SPAREBANK (HGSB.OL) Stock Technical Analysis
OSL:HGSB - Euronext Oslo - NO0010764053 - Common Stock - Currency: NOK
Taking everything into account, HGSB scores 6 out of 10 in our technical rating. Although HGSB is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, HGSB is a bad performer in the overall market: 100% of all stocks are doing better.
HGSB is one of the lesser performing stocks in the Banks industry. 85% of 96 stocks in the same industry do better.
Warning: HGSB has an average volume of 491 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month HGSB has a been trading in the 161.62 - 194.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HGSB has an average technical rating and it also does not offer a high quality setup 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
153.02
189.89
3 important support areas can be observed.
- A support zone ranging from 165.40 to 172.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @161.56 from a trend line in the daily time frame.
- A support zone ranging from 154.57 to 158.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @178.01 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 188.00 to 188.01. This zone is formed by a combination of multiple trend lines 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 HGSB.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HGSB.OL is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | HGSB.OL has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HGSB.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of HGSB.OL is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 56.06 | NEUTRAL | The RSI value for HGSB.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.1 | POSITIVE | The MACD value suggests HGSB.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.56 | NEUTRAL | The Stochastics value for HGSB.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.44 | MEDIUM VOLATILITY | The ATR as a percentage value for HGSB.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 20.24 | NEUTRAL | The ADX value for HGSB.OL suggests a possible start of a new 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 (6/18/2025, 7:00:00 PM)
175.02
-4.96 (-2.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.76%
1 Week2.95%
2 Weeks4.18%
1 Month4.81%
3 Month-1.66%
6 Month15.92%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.9
ATR(20)%2.44%
ATR Inc-28.14%
Range Today0.38
ADR(20)2.49
ADR(20)%1.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High194
10 Day Low165
20 Day High194
20 Day Low161.62
52 Week HighN/A
52 Week LowN/A
CS1 End172.73
CR1 Start178.01
Volume & EV
DER(3)0%
DER(5)0%
Volume53
Volume Incr18.83%
Vol(5)508.6
Vol(50)491.86