SPAREBANK 1 SMN (MING.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:MING - NO0006390301 - Common Stock
We assign a technical rating of 7 out of 10 to MING. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MING is only an average performer.
MING has an excellent technical rating and 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 197.95. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 197.00, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
2 important support areas can be observed.
- A support zone ranging from 190.90 to 197.00. 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 186.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 197.95 to 200.86. 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 | UP | POSITIVE | The short term trend for MING.OL is up. |
| ChartMill Relative Strength | 61.53 | 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) | 63.32 | NEUTRAL | The RSI value for MING.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests MING.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.87 | NEUTRAL | The Stochastics value for MING.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.34 | LOW VOLATILITY | The low ATR as a percentage value for MING.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 28.2 | POSITIVE | The high ADX value value for MING.OL suggests a strong 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 |
|---|---|---|---|
| 200.87 | 194.21 | 6.66 (3.32%) | 25.00% |
| An entry @200.87. This is a Buy Stop order right above the resistance zone. | An exit @194.21. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 6.66 points, which is 3.32%. | For a 0.83% total portfolio risk, you can invest 25.00% 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 (12/18/2025, 4:19:47 PM)
197.94
+0.8 (+0.41%)
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 7 / 10 to MING.OL.
What is the trend direction for MING stock?
The current trend direction for SPAREBANK 1 SMN (MING.OL) is Bullish.
What is the RSI signal for SPAREBANK 1 SMN (MING.OL) stock?
SPAREBANK 1 SMN (MING.OL) has an RSI value of 63.3157. This indicates that the stock is currently neutral.
What is the MACD signal for MING stock?
The MACD indicator for SPAREBANK 1 SMN (MING.OL) has a value of 0.330813, indicating a bearish trend.
What is the buy/sell signal for MING stock?
The buy/sell signal for SPAREBANK 1 SMN (MING.OL) is buy as both the short term and long term trends are positive.