HOLAND OG SETSKOG SPAREBANK (HSPG.OL) Stock Technical Analysis
OSL:HSPG - Euronext Oslo - NO0010012636 - Common Stock - Currency: NOK
We assign a technical rating of 10 out of 10 to HSPG. Both in the recent history as in the last year, HSPG has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: HSPG has an average volume of 405 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, HSPG did better than 86% of all other stocks. We also observe that the gains produced by HSPG over the past year are nicely spread over this period.
HSPG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so HSPG is performing more or less in line with the market.
In the last month HSPG has a been trading in the 144.96 - 173.00 range, which is quite wide. It is currently trading near the high of this range.
HSPG is part of the Banks industry. There are 92 other stocks in this industry, HSPG did better than 64% of them.
Besides having an excellent technical rating, HSPG also presents 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 173.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 160.80, a Stop Loss order could be placed below this zone.
More info and screens
121.77
176.76
We found 3 important support areas.
- A support zone ranging from 160.79 to 160.80. 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 151.95 to 152.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @123.00 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 173.01 to 175.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 HSPG.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HSPG.OL is up. |
| ChartMill Relative Strength | 86.24 | POSITIVE | HSPG.OL has a high relative strength, it outperformed 86.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HSPG.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HSPG.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HSPG.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.59 | NEUTRAL | The RSI value for HSPG.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests HSPG.OL has a negative trend. |
| Stochastics (14,3) | 85.93 | OVERBOUGHT | The high Stochastics value suggests HSPG.OL may be overbought. |
| Average True Range in percent/ATR (20) | 5.03 | HIGH VOLATILITY | The high ATR as a percentage value for HSPG.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 17.64 | NEGATIVE | The low ADX value for HSPG.OL suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 175.02 | 160.78 | 14.24 (8.14%) | 12.29% |
| An entry @175.02. This is a Buy Stop order right above the resistance zone. | An exit @160.78. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 14.24 points, which is 8.14%. | For a 1.00% total portfolio risk, you can invest 12.29% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of HSPG. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OSL:HSPG (5/28/2025, 7:00:00 PM)
170.38
+2.44 (+1.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.45%
1 Week-1.51%
2 Weeks0.22%
1 Month5.17%
3 Month14.35%
6 Month33.11%
12 Month31.06%
2 Year17.5%
3 Year13.59%
5 Year36.3%
10 YearN/A
15 YearN/A
Volatility
ATR(14)9.97
ATR(20)%5.03%
ATR Inc-44.67%
Range Today0
ADR(20)7.93
ADR(20)%4.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.24
Mansfield1.68
10 Day High173
10 Day Low156
20 Day High173
20 Day Low144.96
52 Week High180
52 Week Low117
CS1 End160.8
CR1 Start173.01
Volume & EV
DER(3)0%
DER(5)0%
Volume18
Volume Incr10.07%
Vol(5)326.4
Vol(50)405.14