PARETO BANK ASA (PARB.OL) Stock Technical Analysis
OSL:PARB - Euronext Oslo - NO0010397581 - Common Stock - Currency: NOK
Taking everything into account, PARB 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, PARB is showing a nice and steady performance.
Warning: PARB has an average volume of 29204 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, PARB did better than 89% 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.
PARB is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
PARB is an average performer in the Banks industry, it outperforms 65% of 92 stocks in the same industry.
PARB has an excellent technical rating and 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
67.72
96.15
We found 7 important support areas.
- A support zone ranging from 90.36 to 91.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 84.94 to 87.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @79.70 from a horizontal line in the weekly time frame.
- A support zone ranging from 77.00 to 77.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @74.75 from a trend line in the weekly time frame.
- Support @69.50 from a horizontal line in the daily time frame.
- Support @68.40 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 94.60 to 95.20. 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 | UP | POSITIVE | The short term trend for PARB.OL is up. |
| ChartMill Relative Strength | 89.86 | POSITIVE | PARB.OL has a high relative strength, it outperformed 89.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PARB.OL is above 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) | 70.81 | OVERBOUGHT | The high RSI value suggests PARB.OL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests PARB.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.06 | NEUTRAL | The Stochastics value for PARB.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.84 | LOW VOLATILITY | The low ATR as a percentage value for PARB.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 36.45 | POSITIVE | The high ADX value value for PARB.OL suggests a strong 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 (8/1/2025, 7:00:00 PM)
93.6
+0.4 (+0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.43%
1 Week-1.06%
2 Weeks6.24%
1 Month12.77%
3 Month24.3%
6 Month26.66%
12 Month43.56%
2 Year80.35%
3 Year93.79%
5 Year143.75%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.71
ATR(20)%1.84%
ATR Inc-17.99%
Range Today2.2
ADR(20)1.67
ADR(20)%1.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.86
Mansfield2.01
10 Day High97
10 Day Low88.3
20 Day High97
20 Day Low82.1
52 Week High97
52 Week Low61.4
CS1 End91.55
CR1 Start94.6
Volume & EV
DER(3)-1.59%
DER(5)-1.23%
Volume39.86K
Volume Incr-11.32%
Vol(5)29.84K
Vol(50)29.20K