JAREN SPAREBANK (JAREN.OL) Stock Technical Analysis
OSL:JAREN - Euronext Oslo - NO0010359433 - Common Stock - Currency: NOK
Taking everything into account, JAREN scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, JAREN is showing a nice and steady performance.
JAREN is one of the lesser performing stocks in the Banks industry. 78% of 96 stocks in the same industry do better.
Warning: JAREN has an average volume of 490 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!
When comparing the yearly performance of all stocks, we notice that JAREN is one of the better performing stocks in the market, outperforming 74% of all stocks. On top of that, JAREN also shows a nice and consistent pattern of rising prices.
JAREN 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 JAREN is performing more or less in line with the market.
In the last month JAREN has a been trading in the 349.50 - 376.95 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
JAREN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 364.53, a Stop Loss order could be placed below this zone.
More info and screens
336.74
379.72
We found 1 important support area.
- A support zone ranging from 340.14 to 364.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @367.76 from a horizontal line in the weekly time frame.
- Resistance @375.96 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 | UP | POSITIVE | The long term trend for JAREN.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JAREN.OL is up. |
| ChartMill Relative Strength | 74.22 | POSITIVE | JAREN.OL has a high relative strength, it outperformed 74.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JAREN.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JAREN.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JAREN.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.7 | NEUTRAL | The RSI value for JAREN.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.84 | POSITIVE | The MACD value suggests JAREN.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.68 | NEUTRAL | The Stochastics value for JAREN.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.69 | LOW VOLATILITY | The low ATR as a percentage value for JAREN.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 20.49 | NEUTRAL | The ADX value for JAREN.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)
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 |
|---|---|---|---|
| 367.77 | 352.04 | 15.73 (4.28%) | 23.38% |
| An entry @367.77. This is a Buy Stop order right above the resistance zone. | An exit @352.04. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 15.73 points, which is 4.28%. | When investing 23.38% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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:JAREN (6/18/2025, 7:00:00 PM)
365.7
-2.3 (-0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.62%
1 Week-0.08%
2 Weeks1.89%
1 Month2.44%
3 Month1.58%
6 Month10.82%
12 Month23.13%
2 Year52.38%
3 Year60.39%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.22
ATR(20)%1.69%
ATR Inc41.79%
Range Today2.3
ADR(20)5.61
ADR(20)%1.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.22
Mansfield0.63
10 Day High376.95
10 Day Low352.05
20 Day High376.95
20 Day Low349.5
52 Week High380
52 Week Low286.8
CS1 End364.53
CR1 Start367.76
Volume & EV
DER(3)0%
DER(5)0%
Volume18
Volume Incr-63.78%
Vol(5)151
Vol(50)490.8