SPAREBANK 1 NORD-NORGE (NONG.OL) Stock Technical Analysis
OSL:NONG - Euronext Oslo - NO0006000801 - Common Stock - Currency: NOK
We assign a technical rating of 10 out of 10 to NONG. Both in the recent history as in the last year, NONG has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, NONG did better than 88% of all other stocks. On top of that, NONG also shows a nice and consistent pattern of rising prices.
NONG is one of the better performing stocks in the Banks industry, it outperforms 72% of 89 stocks in the same industry.
NONG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month NONG has a been trading in the 142.04 - 157.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although NONG has an excellent technical rating, it does not present a decent entry opportunity 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
151.71
When analyzing the support we can see 6 important areas.
- A support zone ranging from 143.02 to 150.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @135.46 from a trend line in the weekly time frame.
- Support @127.04 from a trend line in the daily time frame.
- Support @118.22 from a horizontal line in the daily time frame.
- Support @103.21 from a trend line in the weekly time frame.
- Support @94.20 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @150.21 from a horizontal line in the weekly time frame.
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 | 88.56 | POSITIVE | NONG.OL has a high relative strength, it outperformed 88.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NONG.OL is above 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) | 54.95 | NEUTRAL | The RSI value for NONG.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.61 | POSITIVE | The MACD value suggests NONG.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.81 | NEUTRAL | The Stochastics value for NONG.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for NONG.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 21.14 | 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 (7/11/2025, 7:00:00 PM)
150.16
-4.84 (-3.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-3.12%
1 Week0.24%
2 Weeks3.64%
1 Month1.25%
3 Month18.82%
6 Month19.38%
12 Month48.2%
2 Year55.61%
3 Year60.6%
5 Year139.87%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.61
ATR(20)%1.75%
ATR Inc81.45%
Range Today5.6
ADR(20)2.54
ADR(20)%1.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.56
Mansfield1.08
10 Day High157.32
10 Day Low145.08
20 Day High157.32
20 Day Low142.04
52 Week High157.32
52 Week Low99.51
CS1 End150.01
CR1 Start150.21
Volume & EV
DER(3)-4.67%
DER(5)-3.43%
Volume106.13K
Volume Incr12.53%
Vol(5)95.85K
Vol(50)95.55K