SPAREBANK 1 RINGERIKE HADELA (RING.OL) Stock Technical Analysis
OSL:RING - Euronext Oslo - NO0006390400 - Common Stock - Currency: NOK
We assign a technical rating of 5 out of 10 to RING. In the last year, RING was one of the better performers, but we do observe some doubts in the very recent evolution.
RING is one of the lesser performing stocks in the Banks industry. 67% of 95 stocks in the same industry do better.
RING is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: RING has an average volume of 701 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that RING is one of the better performing stocks in the market, outperforming 74% of all stocks. We also observe that the gains produced by RING over the past year are nicely spread over this period.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
RING is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
RING has an average technical rating and also the quality of the setup is only medium 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
319.00
369.66
4 important support areas can be observed.
- A support zone ranging from 358.69 to 363.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 352.27 to 352.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @346.54 from a horizontal line in the daily time frame.
- Support @322.22 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.67
Mansfield1.15
10 Day High369
10 Day Low348
20 Day High376
20 Day Low340
52 Week High415
52 Week Low286
Performance
1 Week2.17%
2 Weeks2.5%
1 Month-2.93%
3 Month0.55%
6 Month13%
12 Month22.07%
2 Year11.96%
3 Year10.61%
5 Year65.91%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)1.91
RSI(14)49.5
LBB346.66
UBB368.56
OSL:RING (5/5/2025, 7:00:00 PM)
366
+1.95 (+0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.54%
1 Week2.17%
2 Weeks2.5%
1 Month-2.93%
3 Month0.55%
6 Month13%
12 Month22.07%
2 Year11.96%
3 Year10.61%
5 Year65.91%
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.38
ATR(20)%1.71%
ATR Inc-86.12%
Range Today3.2
ADR(20)5.01
ADR(20)%1.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.67
Mansfield1.15
10 Day High369
10 Day Low348
20 Day High376
20 Day Low340
52 Week High415
52 Week Low286
CS1 End363.41
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume38
Volume Incr14.86%
Vol(5)1.14K
Vol(50)701.02