Europe - OSL:MORG - NO0012483207 - Common Stock
We assign a technical rating of 1 out of 10 to MORG. MORG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
MORG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 100.56, a Stop Loss order could be placed below this zone.
97.84
We found 1 important support area.
When analyzing the resistance we notice 2 important areas.
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 | NEUTRAL | NEUTRAL | The long term trend for MORG.OL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MORG.OL is down. |
| ChartMill Relative Strength | 42.41 | NEUTRAL | MORG.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MORG.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MORG.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MORG.OL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.36 | NEUTRAL | The RSI value for MORG.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests MORG.OL has a negative trend. |
| Stochastics (14,3) | 21.88 | NEUTRAL | The Stochastics value for MORG.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for MORG.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 16.29 | NEGATIVE | The low ADX value for MORG.OL suggests a weak or negative trend. |
OSL:MORG (10/31/2025, 7:00:00 PM)
100
-2.5 (-2.44%)
ChartMill assigns a technical rating of 1 / 10 to MORG.OL.
The current trend direction for SPAREBANKEN MORE-CAP CERT (MORG.OL) is Bearish.
SPAREBANKEN MORE-CAP CERT (MORG.OL) has an RSI value of 37.3639. This indicates that the stock is currently neutral.
The MACD indicator for SPAREBANKEN MORE-CAP CERT (MORG.OL) has a value of -0.337596, indicating a bearish trend.
SPAREBANKEN MORE-CAP CERT (MORG.OL) has a support level at 100.56 and a resistance level at 100.92. Check the full technical report for our detailed analysis of MORG.OL support and resistance levels.