SPAREBANKEN MORE-CAP CERT (MORG.OL) Stock Technical Analysis
OSL:MORG • NO0012483207
Overall MORG gets a technical rating of 8 out of 10. 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.
- Warning: MORG has an average volume of 12267 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 trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MORG is lagging the market slightly.
- In the last month MORG has a been trading in the 106.20 - 115.02 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, MORG turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
- MORG is part of the Banks industry. There are 108 other stocks in this industry, MORG did better than 46% of them.
MORG 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. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 113.43, 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
97.81
5 important support areas can be observed.
- A support zone ranging from 111.15 to 112.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @105.40 from a horizontal line in the daily time frame.
- Support @103.43 from a trend line in the weekly time frame.
- A support zone ranging from 101.46 to 101.46. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 98.80 to 99.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 113.07 to 114.50. This zone is formed by a combination of multiple trend lines and important moving averages 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 MORG.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MORG.OL is up. |
| ChartMill Relative Strength | 61.5 | NEUTRAL | MORG.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MORG.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MORG.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MORG.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.98 | NEUTRAL | The RSI value for MORG.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MORG.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.1 | NEUTRAL | The Stochastics value for MORG.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.99 | LOW VOLATILITY | The low ATR as a percentage value for MORG.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 11.16 | NEGATIVE | The low ADX value for MORG.OL suggests a weak or negative 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 |
|---|---|---|---|
| 114.51 | 111.47 | 3.04 (2.65%) | 25.00% |
| An entry @114.51. This is a Buy Stop order right above the resistance zone. | An exit @111.47. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.04 points, which is 2.65%. | For a 0.66% 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 MORG. 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:MORG (2/25/2026, 4:17:18 PM)
112.77
-0.73 (-0.64%)
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.
Can you provide the trend direction for SPAREBANKEN MORE-CAP CERT?
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 54.976. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SPAREBANKEN MORE-CAP CERT?
The short term momentum for SPAREBANKEN MORE-CAP CERT (MORG.OL) is positive.
Can you provide the support and resistance levels for SPAREBANKEN MORE-CAP CERT?
SPAREBANKEN MORE-CAP CERT (MORG.OL) has a support level at 113.43 and a resistance level at 114.5. Check the full technical report for our detailed analysis of MORG.OL support and resistance levels.