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. 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.
Warning: PARB has an average volume of 25515 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 88% of all other stocks.
PARB is one of the better performing stocks in the Banks industry, it outperforms 75% of 95 stocks in the same industry.
PARB is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month PARB has a been trading in the 78.10 - 90.75 range, which is quite wide. It is currently trading near the high of this range.
Although PARB has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
67.72
92.82
We found 7 important support areas.
- A support zone ranging from 84.31 to 85.38. 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 81.32 to 82.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 79.30 to 79.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 76.94 to 77.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @74.46 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.
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 | 88.92 | POSITIVE | PARB.OL has a high relative strength, it outperformed 88.92% 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) | 76.87 | OVERBOUGHT | The high RSI value suggests PARB.OL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests PARB.OL has a positive trend. |
| Stochastics (14,3) | 92.6 | OVERBOUGHT | The high Stochastics value suggests PARB.OL may be overbought. |
| Average True Range in percent/ATR (20) | 1.78 | LOW VOLATILITY | The low ATR as a percentage value for PARB.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 22.71 | NEUTRAL | The ADX value for PARB.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:PARB (7/22/2025, 4:19:58 PM)
91.9
+1.2 (+1.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.32%
1 Week3.07%
2 Weeks6.58%
1 Month14.38%
3 Month25.97%
6 Month30.5%
12 Month37.63%
2 Year68.59%
3 Year71.46%
5 Year141.87%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.45
ATR(20)%1.78%
ATR Inc34.08%
Range Today1.45
ADR(20)1.57
ADR(20)%1.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.92
Mansfield1.57
10 Day High90.75
10 Day Low85.5
20 Day High90.75
20 Day Low78.1
52 Week High90.75
52 Week Low61.4
CS1 End85.38
CR1 StartN/A
Volume & EV
DER(3)-0.18%
DER(5)0.02%
Volume10.28K
Volume Incr4.27%
Vol(5)26.10K
Vol(50)25.52K