Logo image of MORG.OL

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

Europe - OSL:MORG - NO0012483207 - Common Stock

99.82 NOK
-0.78 (-0.78%)
Last: 11/4/2025, 12:18:15 PM
Technical Rating and Analysis

1

Taking everything into account, MORG scores 1 out of 10 in our technical rating. 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 is one of the lesser performing stocks in the Banks industry. 78% of 95 stocks in the same industry do better.
In the last month MORG has a been trading in the 99.80 - 108.38 range, which is quite wide. It is currently trading near the lows of this range.
Warning: MORG has an average volume of 11691 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
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.
MORG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MORG is lagging the market.
Volume is considerably higher 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 a bad 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 support zone below the current price at 100.00, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

97.84

111.10

When analyzing the support we notice one important area.

  • Support @98.83 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 100.00 to 100.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 104.26 to 106.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • 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 IndicatorDOWNNEGATIVEThe short term trend for MORG.OL is down.
ChartMill Relative Strength43.31NEUTRALMORG.OL is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of MORG.OL is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of MORG.OL is below a declining SMA(50).
Simple Moving Average/SMA (200)UPMIXEDThe current price of MORG.OL is below the rising SMA(200).
Relative Strength Index/RSI (14)38.41NEUTRALThe RSI value for MORG.OL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.41NEGATIVEThe MACD value suggests MORG.OL has a negative trend.
Stochastics (14,3)12.35OVERSOLDThe low Stochastics value suggests MORG.OL may be oversold.
Average True Range in percent/ATR (20)2.37MEDIUM VOLATILITYThe ATR as a percentage value for MORG.OL suggests some volalility.
Average Directional Index/ADX (14)16.07NEGATIVEThe 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 (11/4/2025, 12:18:15 PM)

99.82

-0.78 (-0.78%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.78%
1 Week-3.27%
2 Weeks-4.37%
1 Month-6.77%
3 Month-4.03%
6 Month-1.37%
12 Month11.78%
2 Year31.68%
3 Year29.31%
5 Year-66.01%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.62
ATR(20)%2.37%
ATR Inc-29.39%
Range Today0.82
ADR(20)2.13
ADR(20)%2.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.31
3 months CRS23.12
6 months CRS27.42
Mansfield-1.13
10 Day High107.02
10 Day Low99.8
20 Day High108.38
20 Day Low99.8
52 Week High112
52 Week Low87
CS1 End100
CR1 Start100.92
Volume & EV
DER(3)-0.02%
DER(5)0.23%
Volume456
Volume Incr192.29%
Vol(5)30.76K
Vol(50)11.69K

SPAREBANKEN MORE-CAP CERT / MORG.OL FAQ

What is the technical rating for MORG stock?

ChartMill assigns a technical rating of 1 / 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 38.4114. 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 -0.410425, 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 100 and a resistance level at 100.92. Check the full technical report for our detailed analysis of MORG.OL support and resistance levels.