HAUGESUND SPAREBANK (HGSB.OL) Stock Technical Analysis
OSL:HGSB - NO0010764053 - Common Stock
161.98 NOK
+2.98 (+1.87%)
We assign a technical rating of 1 out of 10 to HGSB. HGSB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
HGSB is one of the lesser performing stocks in the Banks industry. 86% of 89 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.
Warning: HGSB has an average volume of 448 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When compared to the yearly performance of all other stocks, HGSB outperforms 48% of them, which is more or less in line with the market.
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.
Although the technical rating is bad, HGSB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
153.03
189.88
2 important support areas can be observed.
- A support zone ranging from 160.45 to 160.81. 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 154.58 to 157.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 181.98 to 185.01. 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 | 48.72 | NEUTRAL | HGSB.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HGSB.OL is below 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) | 43.41 | NEUTRAL | The RSI value for HGSB.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests HGSB.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.96 | NEUTRAL | The Stochastics value for HGSB.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.62 | MEDIUM VOLATILITY | The ATR as a percentage value for HGSB.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 33.82 | 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 (9/5/2025, 7:00:00 PM)
161.98
+2.98 (+1.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.87%
1 Week0.33%
2 Weeks4.5%
1 Month-9%
3 Month-4.71%
6 Month-1.22%
12 Month15.7%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.37
ATR(20)%3.62%
ATR Inc-49.6%
Range Today0.98
ADR(20)4.4
ADR(20)%2.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.72
Mansfield-0.88
10 Day High164
10 Day Low154.98
20 Day High185
20 Day Low153
52 Week High194
52 Week Low138
CS1 End160.81
CR1 Start181.98
Volume & EV
DER(3)0%
DER(5)0%
Volume460
Volume Incr-19.14%
Vol(5)552.8
Vol(50)448.44