PARETO BANK ASA (PARB.OL) Stock Technical Analysis
OSL:PARB - Euronext Oslo - NO0010397581 - Common Stock - Currency: NOK
Overall PARB gets a technical rating of 10 out of 10. Both in the recent history as in the last year, PARB has proven to be a steady performer, scoring decent points in every aspect analyzed.
PARB is part of the Banks industry. There are 96 other stocks in this industry, of which 61% are performing better than PARB.
Warning: PARB has an average volume of 29995 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.
Looking at the yearly performance, PARB did better than 80% of all other stocks. On top of that, PARB also shows a nice and consistent pattern of rising prices.
PARB 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 PARB is performing more or less in line with the market.
In the last month PARB has a been trading in the 77.00 - 84.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, PARB also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
64.65
84.03
We found 4 important support areas.
- Support @73.05 from a trend line in the weekly time frame.
- A support zone ranging from 70.62 to 71.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 68.40 to 69.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 65.30 to 65.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 83.20 to 83.20. This zone is formed by a combination of multiple trend lines 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 PARB.OL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PARB.OL is neutral. |
| ChartMill Relative Strength | 80.04 | POSITIVE | PARB.OL has a high relative strength, it outperformed 80.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PARB.OL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PARB.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PARB.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.92 | NEUTRAL | The RSI value for PARB.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.52 | NEGATIVE | The MACD value suggests PARB.OL has a negative trend. |
| Stochastics (14,3) | 22.32 | NEUTRAL | The Stochastics value for PARB.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.43 | MEDIUM VOLATILITY | The ATR as a percentage value for PARB.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 18.78 | NEGATIVE | The low ADX value for PARB.OL suggests a weak or negative 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:PARB (6/19/2025, 4:19:33 PM)
79.4
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0%
1 Week-2.7%
2 Weeks-4.34%
1 Month2.32%
3 Month-0.38%
6 Month20.49%
12 Month33%
2 Year58.96%
3 Year68.04%
5 Year146.58%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.76
ATR(20)%2.43%
ATR Inc-32.17%
Range Today1.2
ADR(20)1.86
ADR(20)%2.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.04
Mansfield0.86
10 Day High83.9
10 Day Low78.4
20 Day High84.3
20 Day Low77
52 Week High84.3
52 Week Low59.1
CS1 End73.05
CR1 Start83.2
Volume & EV
DER(3)0.19%
DER(5)0.12%
Volume862
Volume Incr13.93%
Vol(5)27.13K
Vol(50)30.00K