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

OSL:MORGNO0012483207

Current stock price

118.32 NOK
+0.82 (+0.7%)
Last:

MORG.OL Technical Rating and Analysis

6

Overall MORG gets a technical rating of 6 out of 10. Although MORG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

  • Warning: MORG has an average volume of 13556 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
  • The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
  • 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 112.54 - 123.66 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
  • When compared to the yearly performance of all other stocks, MORG outperforms 58% of them, which is more or less in line with the market.
  • MORG is an average performer in the Banks industry, it outperforms 44% of 107 stocks in the same industry.

MORG.OL Weekly and Daily overview Charts

SPAREBANKEN MORE-CAP CERT / MORG Weekly stock chart
SPAREBANKEN MORE-CAP CERT / MORG Daily stock chart

MORG.OL Setup Rating and Analysis

8

Although the technical rating is only medium, MORG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 116.97, a Stop Loss order could be placed below this zone.

MORG.OL Support and Resistance Analysis

102.25

120.90

We found 3 important support areas.

  • A support zone ranging from 113.50 to 116.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 105.72 to 108.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @103.28 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 118.80 to 119.70. This zone is formed by a combination of multiple trend lines in the weekly time frame.

MORG.OL 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 IndicatorNEUTRALNEUTRALThe short term trend for MORG.OL is neutral.
ChartMill Relative Strength58.53NEUTRALMORG.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)53.48NEUTRALThe RSI value for MORG.OL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.15NEGATIVEThe MACD value suggests MORG.OL has a negative trend, although the MACD value is rising.
Stochastics (14,3)28.74NEUTRALThe Stochastics value for MORG.OL is a neutral value.
Average True Range in percent/ATR (20)2.55MEDIUM VOLATILITYThe ATR as a percentage value for MORG.OL suggests some volalility.
Average Directional Index/ADX (14)18.69NEGATIVEThe low ADX value for MORG.OL suggests a weak or negative trend.

MORG.OL 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)

MORG.OL Example Setup

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.

ENTRYEXITDISTANCECAPITAL
119.71113.716.00 (5.01%)19.95%
An entry @119.71. This is a Buy Stop order right above the resistance zone.An exit @113.71. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 6.00 points, which is 5.01%.When investing 19.95% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.

MORG.OL Technicals: Chart, Performance Metrics, Trend & Indicators

SPAREBANKEN MORE-CAP CERT / MORG Daily stock chart

SPAREBANKEN MORE-CAP CERT

OSL:MORG (4/21/2026, 2:31:00 PM)

118.32

+0.82 (+0.7%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.7%
1 Week2.8%
2 Weeks0.07%
1 Month0.41%
3 Month8.6%
6 Month12.98%
12 Month18.99%
2 Year38.37%
3 Year54.22%
5 Year-65.64%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.22
ATR(20)%2.55%
ATR Inc-28.9%
Range Today1.43
ADR(20)2.54
ADR(20)%2.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.53
3 months CRS72.61
6 months CRS63.53
Mansfield-0.01
10 Day High123.66
10 Day Low113.72
20 Day High123.66
20 Day Low112.54
52 Week High123.66
52 Week Low98
CS1 End116.97
CR1 Start118.8
Volume & EV
DER(3)0.09%
DER(5)0.1%
Volume491
Volume Incr-26.71%
Vol(5)12.81K
Vol(50)13.56K

SPAREBANKEN MORE-CAP CERT / MORG.OL TA FAQ

What is the technical rating for MORG stock?

ChartMill assigns a technical rating of 6 / 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.


What is the RSI signal for MORG stock?

SPAREBANKEN MORE-CAP CERT (MORG.OL) has an RSI value of 53.4767. This indicates that the stock is currently neutral.


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 116.97 and a resistance level at 118.8. Check the full technical report for our detailed analysis of MORG.OL support and resistance levels.