MORROW BANK ASA (MOBA.OL) Stock Technical Analysis
Europe - OSL:MOBA - NO0010694029 - Common Stock
We assign a technical rating of 8 out of 10 to MOBA. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
MOBA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 13.79, a Stop Loss order could be placed below this zone.
More info and screens
9.22
3 important support areas can be observed.
- A support zone ranging from 13.30 to 13.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.85 from a trend line in the weekly time frame.
- Support @9.31 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 13.79 to 14.04. This zone is formed by a combination of multiple trend lines and important moving averages 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 MOBA.OL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MOBA.OL is neutral. |
| ChartMill Relative Strength | 96.23 | POSITIVE | MOBA.OL has a high relative strength, it outperformed 96.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MOBA.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MOBA.OL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MOBA.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.17 | NEUTRAL | The RSI value for MOBA.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests MOBA.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.05 | NEUTRAL | The Stochastics value for MOBA.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for MOBA.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 20.26 | NEUTRAL | The ADX value for MOBA.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 |
|---|---|---|---|
| 13.81 | 13.34 | 0.46 (3.37%) | 25.00% |
| An entry @13.80. This is a Buy Stop order right above the 10 day moving average. | An exit @13.34. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.46 points, which is 3.37%. | For a 0.84% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MOBA. 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:MOBA (10/27/2025, 1:44:25 PM)
13.65
-0.15 (-1.09%)
MORROW BANK ASA / MOBA.OL FAQ
What is the technical rating for MOBA stock?
ChartMill assigns a technical rating of 8 / 10 to MOBA.OL.
What is the current trend direction of MORROW BANK ASA (MOBA.OL) stock?
The current trend direction for MORROW BANK ASA (MOBA.OL) is Bullish.
Can you provide the RSI signal for MORROW BANK ASA?
MORROW BANK ASA (MOBA.OL) has an RSI value of 48.169. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MORROW BANK ASA?
The short term momentum for MORROW BANK ASA (MOBA.OL) is neutral.
What are the support and resistance levels for MORROW BANK ASA (MOBA.OL) stock?
MORROW BANK ASA (MOBA.OL) has a support level at 13.79. Check the full technical report for our detailed analysis of MOBA.OL support and resistance levels.