SPAREBANK 1 SMN (MING.OL) Stock Technical Analysis
Europe • Euronext Oslo • OSL:MING • NO0006390301
Taking everything into account, MING scores 6 out of 10 in our technical rating. Although MING is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- MING 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 MING is lagging the market slightly.
- When compared to the yearly performance of all other stocks, MING outperforms 55% of them, which is more or less in line with the market.
- MING is part of the Banks industry. There are 114 other stocks in this industry, MING did better than 40% of them.
- In the last month MING has a been trading in a tight range between 191.80 and 202.90.
Although the technical rating is only medium, MING does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 200.85. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 196.81, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
180.72
We found 2 important support areas.
- A support zone ranging from 190.99 to 196.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 182.55 to 186.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @200.85 from a horizontal line in the daily time frame.
- A resistance zone ranging from 204.46 to 206.06. 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 MING.OL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MING.OL is neutral. |
| ChartMill Relative Strength | 55.17 | NEUTRAL | MING.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MING.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MING.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MING.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.76 | NEUTRAL | The RSI value for MING.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests MING.OL has a positive trend. |
| Stochastics (14,3) | 71.81 | NEUTRAL | The Stochastics value for MING.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.48 | LOW VOLATILITY | The low ATR as a percentage value for MING.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 21.03 | NEUTRAL | The ADX value for MING.OL suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 200.86 | 192.03 | 8.83 (4.40%) | 22.75% |
| An entry @200.86. This is a Buy Stop order right above the resistance zone. | An exit @192.03. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 8.83 points, which is 4.40%. | For a 1.00% total portfolio risk, you can invest 22.75% of your capital in this trade. |
- 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:MING (2/9/2026, 4:25:15 PM)
197.24
-2.76 (-1.38%)
SPAREBANK 1 SMN / MING.OL FAQ
What is the ChartMill technical rating of SPAREBANK 1 SMN (MING.OL) stock?
ChartMill assigns a technical rating of 6 / 10 to MING.OL.
What is the current trend direction of SPAREBANK 1 SMN (MING.OL) stock?
The current trend direction for SPAREBANK 1 SMN (MING.OL) is Bullish.
What is the RSI signal for MING stock?
SPAREBANK 1 SMN (MING.OL) has an RSI value of 51.7557. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SPAREBANK 1 SMN?
The MACD indicator for SPAREBANK 1 SMN (MING.OL) has a value of 0.187272, indicating a bearish trend.
What is the short term momentum for SPAREBANK 1 SMN (MING.OL) stock?
The short term momentum for SPAREBANK 1 SMN (MING.OL) is neutral.