Logo image of JAREN.OL

JAREN SPAREBANK (JAREN.OL) Stock Technical Analysis

OSL:JAREN - Euronext Oslo - NO0010359433 - Common Stock - Currency: NOK

353.8  -2.05 (-0.58%)

Technical Rating and Analysis

4

Taking everything into account, JAREN scores 4 out of 10 in our technical rating. In the last year, JAREN was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.

JAREN is part of the Banks industry. There are 91 other stocks in this industry, of which 82% are performing better than JAREN.
JAREN 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: JAREN has an average volume of 447 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
JAREN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so JAREN is lagging the market slightly.
When comparing the performance of all stocks over the past year, JAREN turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
In the last month JAREN has a been trading in a tight range between 340.00 and 359.95.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
JAREN SPAREBANK / JAREN Weekly stock chart
JAREN SPAREBANK / JAREN Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is only medium, JAREN does present a nice setup opportunity. 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 354.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 353.07, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

336.74

379.72

2 important support areas can be observed.

  • A support zone ranging from 350.15 to 353.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 340.14 to 344.49. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 354.86 to 356.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 367.00 to 367.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @375.96 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 IndicatorUPPOSITIVEThe long term trend for JAREN.OL is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for JAREN.OL is neutral.
ChartMill Relative Strength59.24NEUTRALJAREN.OL is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of JAREN.OL is below a declining SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of JAREN.OL is below the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of JAREN.OL is above the rising SMA(200).
Relative Strength Index/RSI (14)46.43NEUTRALThe RSI value for JAREN.OL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.09POSITIVEThe MACD value suggests JAREN.OL has a positive trend, although the MACD value is declining.
Stochastics (14,3)87.47OVERBOUGHTThe high Stochastics value suggests JAREN.OL may be overbought.
Average True Range in percent/ATR (20)1.41LOW VOLATILITYThe low ATR as a percentage value for JAREN.OL suggests low volalility.
Average Directional Index/ADX (14)36.44POSITIVEThe high ADX value value for JAREN.OL suggests a strong 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)
JAREN SPAREBANK / JAREN Daily stock chart

JAREN SPAREBANK

OSL:JAREN (7/17/2025, 7:00:00 PM)

353.8

-2.05 (-0.58%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.58%
1 Week-1.03%
2 Weeks1.52%
1 Month-1.45%
3 Month2.58%
6 Month5.61%
12 Month20.14%
2 Year47.42%
3 Year51.2%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.69
ATR(20)%1.41%
ATR Inc-27.01%
Range Today0.8
ADR(20)3.66
ADR(20)%1.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.24
Mansfield-0.25
10 Day High357.5
10 Day Low345
20 Day High359.95
20 Day Low340
52 Week High380
52 Week Low286.8
CS1 End353.07
CR1 Start354.86
Volume & EV
DER(3)0%
DER(5)0%
Volume159
Volume Incr-85.82%
Vol(5)54.8
Vol(50)447.62