Logo image of ROGS.OL

ROGALAND SPAREBANK (ROGS.OL) Stock Technical Analysis

OSL:ROGS - Euronext Oslo - NO0006001007 - Common Stock - Currency: NOK

138.98  +1.38 (+1%)

Technical Rating and Analysis

7

Taking everything into account, ROGS scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, ROGS is a bad performer.

100% of all other stocks performed better in the past year than ROGS.
ROGS is one of the lesser performing stocks in the Banks industry. 87% of 92 stocks in the same industry do better.
Warning: ROGS has an average volume of 4958 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
In the last month ROGS has a been trading in the 126.02 - 139.00 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ROGALAND SPAREBANK / ROGS Weekly stock chart
ROGALAND SPAREBANK / ROGS Daily stock chart
Setup Rating and Analysis

5

ROGS has an excellent technical rating, but 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.

Support and Resistance Analysis

118.36

140.38

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 132.46 to 133.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 122.98 to 125.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 119.56 to 120.73. This zone is formed by a combination of multiple trend lines in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 138.99 to 138.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ROGS.OL is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for ROGS.OL is up.
ChartMill Relative Strength0NEGATIVEROGS.OL has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ROGS.OL is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ROGS.OL is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ROGS.OL is above the rising SMA(200).
Relative Strength Index/RSI (14)69.61NEUTRALThe RSI value for ROGS.OL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.5POSITIVEThe MACD value suggests ROGS.OL has a positive trend.
Stochastics (14,3)92.5OVERBOUGHTThe high Stochastics value suggests ROGS.OL may be overbought.
Average True Range in percent/ATR (20)1.76LOW VOLATILITYThe low ATR as a percentage value for ROGS.OL suggests low volalility.
Average Directional Index/ADX (14)10.53NEGATIVEThe low ADX value for ROGS.OL suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
ROGALAND SPAREBANK / ROGS Daily stock chart

ROGALAND SPAREBANK

OSL:ROGS (5/28/2025, 7:00:00 PM)

138.98

+1.38 (+1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1%
1 Week3.25%
2 Weeks3.72%
1 Month7.09%
3 Month5.29%
6 Month13.01%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.4
ATR(20)%1.76%
ATR Inc-57.45%
Range Today1.38
ADR(20)2.35
ADR(20)%1.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High139
10 Day Low130.02
20 Day High139
20 Day Low126.02
52 Week HighN/A
52 Week LowN/A
CS1 End133.94
CR1 Start138.99
Volume & EV
DER(3)0%
DER(5)0%
Volume76
Volume Incr-77.35%
Vol(5)774.8
Vol(50)4.96K