SPAREBANK 1 NORD-NORGE (NONG.OL) Stock Technical Analysis
OSL:NONG - Euronext Oslo - NO0006000801 - Common Stock - Currency: NOK
Taking everything into account, NONG scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NONG is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that NONG is one of the better performing stocks in the market, outperforming 89% of all stocks. We also observe that the gains produced by NONG over the past year are nicely spread over this period.
NONG 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 NONG is performing more or less in line with the market.
NONG is an average performer in the Banks industry, it outperforms 69% of 96 stocks in the same industry.
In the last month NONG has a been trading in a tight range between 143.40 and 151.82.
Although NONG has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
93.26
152.70
When analyzing the support we can see 6 important areas.
- A support zone ranging from 141.44 to 143.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @133.37 from a trend line in the weekly time frame.
- A support zone ranging from 124.82 to 126.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @118.22 from a horizontal line in the daily time frame.
- Support @102.87 from a trend line in the weekly time frame.
- Support @94.20 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 146.53 to 151.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 NONG.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NONG.OL is up. |
| ChartMill Relative Strength | 89.14 | POSITIVE | NONG.OL has a high relative strength, it outperformed 89.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NONG.OL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NONG.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NONG.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.75 | NEUTRAL | The RSI value for NONG.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.58 | NEGATIVE | The MACD value suggests NONG.OL has a negative trend. |
| Stochastics (14,3) | 45.68 | NEUTRAL | The Stochastics value for NONG.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.68 | LOW VOLATILITY | The low ATR as a percentage value for NONG.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 24.52 | NEUTRAL | The ADX value for NONG.OL suggests a possible start of a new trend. |
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)
OSL:NONG (6/19/2025, 4:19:27 PM)
143.36
-3.54 (-2.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.41%
1 Week-1.86%
2 Weeks-0.41%
1 Month0.93%
3 Month4.38%
6 Month22.27%
12 Month49.99%
2 Year51.29%
3 Year67.89%
5 Year135.8%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.3
ATR(20)%1.68%
ATR Inc-14.63%
Range Today4.39
ADR(20)2.32
ADR(20)%1.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.14
Mansfield1.48
10 Day High151.82
10 Day Low146
20 Day High151.82
20 Day Low143.4
52 Week High151.82
52 Week Low97.39
CS1 End146.53
CR1 Start147.71
Volume & EV
DER(3)1.55%
DER(5)0.58%
Volume64.04K
Volume Incr-21.07%
Vol(5)74.65K
Vol(50)109.40K