SPAREBANK 1 RINGERIKE HADELA (RING.OL) Stock Technical Analysis
Europe • Euronext Oslo • OSL:RING • NO0006390400
Taking everything into account, RING scores 8 out of 10 in our technical rating. Although RING is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Warning: RING has an average volume of 780 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.
- A new 52 week high is currently being made by RING, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- When compared to the yearly performance of all other stocks, RING outperforms 63% of them, which is more or less in line with the market.
- RING is part of the Banks industry. There are 111 other stocks in this industry, RING did better than 44% of them.
- In the last month RING has a been trading in a tight range between 406.00 and 424.95.
- Considerably lower volume is observed in the last couple of days.
RING has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 424.96. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 419.17, a Stop Loss order could be placed below this zone.
More info and screens
369.02
5 important support areas can be observed.
- A support zone ranging from 417.05 to 419.17. 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 405.76 to 410.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @397.02 from a trend line in the weekly time frame.
- Support @387.26 from a trend line in the daily time frame.
- A support zone ranging from 372.75 to 378.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 424.96 to 424.96. 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 RING.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RING.OL is up. |
| ChartMill Relative Strength | 63.52 | NEUTRAL | RING.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RING.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RING.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RING.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.93 | NEUTRAL | The RSI value for RING.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests RING.OL has a positive trend. |
| Stochastics (14,3) | 95.05 | OVERBOUGHT | The high Stochastics value suggests RING.OL may be overbought. |
| Average True Range in percent/ATR (20) | 1.33 | LOW VOLATILITY | The low ATR as a percentage value for RING.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 14.51 | NEGATIVE | The low ADX value for RING.OL suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 424.97 | 417.04 | 7.93 (1.87%) | 25.00% |
| An entry @424.97. This is a Buy Stop order right above the resistance zone. | An exit @417.04. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 7.93 points, which is 1.87%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.47%. |
- The distance between exit and entry is rather small compared to the average daily movement of RING. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OSL:RING (2/6/2026, 7:00:00 PM)
424.95
+3.45 (+0.82%)
SPAREBANK 1 RINGERIKE HADELA / RING.OL FAQ
What is the technical rating for RING stock?
ChartMill assigns a technical rating of 8 / 10 to RING.OL.
What is the current trend direction of SPAREBANK 1 RINGERIKE HADELA (RING.OL) stock?
The current trend direction for SPAREBANK 1 RINGERIKE HADELA (RING.OL) is Bullish.
What is the RSI signal for RING stock?
SPAREBANK 1 RINGERIKE HADELA (RING.OL) has an RSI value of 64.9251. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SPAREBANK 1 RINGERIKE HADELA?
The short term momentum for SPAREBANK 1 RINGERIKE HADELA (RING.OL) is positive.
What are the support and resistance levels for SPAREBANK 1 RINGERIKE HADELA (RING.OL) stock?
SPAREBANK 1 RINGERIKE HADELA (RING.OL) has a support level at 419.17 and a resistance level at 424.96. Check the full technical report for our detailed analysis of RING.OL support and resistance levels.