SPAREBANKEN MORE-CAP CERT (MORG.OL) Technical Analysis
OSL:MORG • NO0012483207
Current stock price
MORG.OL Technical Rating and Analysis
Overall MORG gets a technical rating of 6 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 12093 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- MORG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MORG is performing more or less in line with the market.
- 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 110 other stocks in this industry, MORG did better than 51% of them.
- In the last month MORG has a been trading in the 110.58 - 119.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MORG.OL Weekly and Daily overview Charts
MORG.OL Setup Rating and Analysis
Although the technical rating is only medium, MORG does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 118.80. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 114.46, a Stop Loss order could be placed below this zone.
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MORG.OL Support and Resistance Analysis
97.81
5 important support areas can be observed.
- A support zone ranging from 112.77 to 114.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 106.92 to 107.98. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @104.57 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 118.80 to 119.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.
| 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 | NEUTRAL | NEUTRAL | The short term trend for MORG.OL is neutral. |
| ChartMill Relative Strength | 61.96 | 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) | 52.04 | NEUTRAL | The RSI value for MORG.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests MORG.OL has a negative trend. |
| Stochastics (14,3) | 50.79 | NEUTRAL | The Stochastics value for MORG.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for MORG.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 22.6 | NEUTRAL | The ADX value for MORG.OL suggests a possible start of a new trend. |
MORG.OL Chart- and CandleStick Pattern Analysis
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 116.54 | 112.76 | 3.78 (3.25%) | 25.00% |
| An entry @116.54. This is a Buy Stop order right above the 10 day moving average. | An exit @112.76. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.78 points, which is 3.25%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.81%. |
- 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
OSL:MORG (3/24/2026, 7:00:00 PM)
115
-0.58 (-0.5%)
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.
Can you provide the RSI signal for SPAREBANKEN MORE-CAP CERT?
SPAREBANKEN MORE-CAP CERT (MORG.OL) has an RSI value of 52.0446. 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 neutral.
Can you provide the support and resistance levels for SPAREBANKEN MORE-CAP CERT?
SPAREBANKEN MORE-CAP CERT (MORG.OL) has a support level at 114.46 and a resistance level at 118.8. Check the full technical report for our detailed analysis of MORG.OL support and resistance levels.