Logo image of MORG.OL

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

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

104.72 NOK
+0.9 (+0.87%)
Last: 12/9/2025, 4:19:50 PM
Technical Rating and Analysis

4

Overall MORG gets a technical rating of 4 out of 10. In the past year, MORG was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.

MORG is one of the lesser performing stocks in the Banks industry. 72% of 113 stocks in the same industry do better.
Warning: MORG has an average volume of 15199 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
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 99.11 - 105.28 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 43% of all stocks.
Considerably lower volume is observed in the last couple of days.
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

7

MORG has only a medium technical rating, but it does show 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 105.34. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 104.50, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

97.81

111.10

We found 1 important support area.

  • A support zone ranging from 98.80 to 104.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 105.34 to 106.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 109.90 to 110.00. This zone is formed by a combination of multiple trend lines 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 IndicatorNEUTRALNEUTRALThe long term trend for MORG.OL is neutral.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for MORG.OL is up.
ChartMill Relative Strength43.69NEUTRALMORG.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)DOWNMIXEDThe current price of MORG.OL is above a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of MORG.OL is above the rising SMA(200).
Relative Strength Index/RSI (14)54.84NEUTRALThe RSI value for MORG.OL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.47POSITIVEThe MACD value suggests MORG.OL has a positive trend, although the MACD value is declining.
Stochastics (14,3)74.01NEUTRALThe Stochastics value for MORG.OL is a neutral value.
Average True Range in percent/ATR (20)1.69LOW VOLATILITYThe low ATR as a percentage value for MORG.OL suggests low volalility.
Average Directional Index/ADX (14)14.16NEGATIVEThe low ADX value for MORG.OL suggests a weak or negative 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 (12/9/2025, 4:19:50 PM)

104.72

+0.9 (+0.87%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.87%
1 Week1.43%
2 Weeks2.85%
1 Month1.45%
3 Month-5.19%
6 Month1.25%
12 Month12.93%
2 Year23.6%
3 Year22.99%
5 Year-64.93%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.83
ATR(20)%1.69%
ATR Inc-37.59%
Range Today1.23
ADR(20)1.59
ADR(20)%1.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.69
3 months CRS21.4
6 months CRS37.62
Mansfield-0.85
10 Day High105.28
10 Day Low100
20 Day High105.28
20 Day Low99.11
52 Week High112
52 Week Low88
CS1 End104.5
CR1 Start105.34
Volume & EV
DER(3)0.22%
DER(5)0.12%
Volume624
Volume Incr-48.45%
Vol(5)9.03K
Vol(50)15.20K

SPAREBANKEN MORE-CAP CERT / MORG.OL FAQ

What is the technical rating for MORG stock?

ChartMill assigns a technical rating of 4 / 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 Bearish.


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

SPAREBANKEN MORE-CAP CERT (MORG.OL) has an RSI value of 54.8405. This indicates that the stock is currently neutral.


What is the MACD signal for MORG stock?

The MACD indicator for SPAREBANKEN MORE-CAP CERT (MORG.OL) has a value of 0.466452, indicating a bearish 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 104.5 and a resistance level at 105.34. Check the full technical report for our detailed analysis of MORG.OL support and resistance levels.