Logo image of MORG.OL

SPAREBANKEN MORE-CAP CERT (MORG.OL) Stock Technical Analysis

Europe - Euronext Oslo - OSL:MORG - NO0012483207 - Common Stock

117 NOK
+2.32 (+2.02%)
Last: 12/30/2025, 7:00:00 PM
Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to MORG. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MORG is only an average performer.

MORG is one of the lesser performing stocks in the Banks industry. 70% of 102 stocks in the same industry do better.
Warning: MORG has an average volume of 18045 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
MORG is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month MORG has a been trading in the 100.98 - 118.00 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, MORG outperforms 69% of them, which is more or less in line with the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
SPAREBANKEN MORE-CAP CERT / MORG Weekly stock chart
SPAREBANKEN MORE-CAP CERT / MORG Daily stock chart
Setup Rating and Analysis

2

Although MORG has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

97.84

118.17

When analyzing the support we notice one important area.

  • A support zone ranging from 98.83 to 107.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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 MORG.OL is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for MORG.OL is up.
ChartMill Relative Strength69.29NEUTRALMORG.OL is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of MORG.OL is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of MORG.OL is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of MORG.OL is above the rising SMA(200).
Relative Strength Index/RSI (14)80.18OVERBOUGHTThe high RSI value suggests MORG.OL may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)1.19POSITIVEThe MACD value suggests MORG.OL has a positive trend.
Stochastics (14,3)91.05OVERBOUGHTThe high Stochastics value suggests MORG.OL may be overbought.
Average True Range in percent/ATR (20)1.86LOW VOLATILITYThe low ATR as a percentage value for MORG.OL suggests low volalility.
Average Directional Index/ADX (14)27.43POSITIVEThe high ADX value value for MORG.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)
SPAREBANKEN MORE-CAP CERT / MORG Daily stock chart

SPAREBANKEN MORE-CAP CERT

OSL:MORG (12/30/2025, 7:00:00 PM)

117

+2.32 (+2.02%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.02%
1 Week8.78%
2 Weeks11.98%
1 Month16.19%
3 Month10.11%
6 Month9.1%
12 Month21.24%
2 Year39.29%
3 Year38.61%
5 Year-60.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.29
ATR(20)%1.86%
ATR Inc41.64%
Range Today3.3
ADR(20)1.98
ADR(20)%1.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.29
3 months CRS74.53
6 months CRS53.33
Mansfield0.18
10 Day High118
10 Day Low103.96
20 Day High118
20 Day Low100.98
52 Week High118
52 Week Low88
CS1 End107.35
CR1 StartN/A
Volume & EV
DER(3)0.49%
DER(5)0.29%
Volume26.84K
Volume Incr21.85%
Vol(5)20.51K
Vol(50)18.05K

SPAREBANKEN MORE-CAP CERT / MORG.OL FAQ

What is the technical rating for MORG stock?

ChartMill assigns a technical rating of 8 / 10 to MORG.OL.


What is the current trend direction of SPAREBANKEN MORE-CAP CERT (MORG.OL) stock?

The current trend direction for SPAREBANKEN MORE-CAP CERT (MORG.OL) is Bullish.


Can you provide the RSI signal for SPAREBANKEN MORE-CAP CERT?

SPAREBANKEN MORE-CAP CERT (MORG.OL) has an RSI value of 80.1809. This indicates that the stock is currently overbought.


What is the MACD signal for MORG stock?

The MACD indicator for SPAREBANKEN MORE-CAP CERT (MORG.OL) has a value of 1.1933, indicating a bullish trend.


What are the support and resistance levels for SPAREBANKEN MORE-CAP CERT (MORG.OL) stock?

SPAREBANKEN MORE-CAP CERT (MORG.OL) has a support level at 107.35. Check the full technical report for our detailed analysis of MORG.OL support and resistance levels.