Europe - Euronext Oslo - OSL:MORG - NO0012483207 - Common Stock
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 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.
97.81
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 | UP | POSITIVE | The short term trend for MORG.OL is up. |
| ChartMill Relative Strength | 43.69 | 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) | DOWN | MIXED | The current price of MORG.OL is above a declining 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) | 54.84 | NEUTRAL | The RSI value for MORG.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests MORG.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.01 | NEUTRAL | The Stochastics value for MORG.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.69 | LOW VOLATILITY | The low ATR as a percentage value for MORG.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 14.16 | NEGATIVE | The low ADX value for MORG.OL suggests a weak or negative trend. |
OSL:MORG (12/9/2025, 4:19:50 PM)
104.72
+0.9 (+0.87%)
ChartMill assigns a technical rating of 4 / 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 54.8405. This indicates that the stock is currently neutral.
The MACD indicator for SPAREBANKEN MORE-CAP CERT (MORG.OL) has a value of 0.466452, indicating a bearish trend.
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.