ROGALAND SPAREBANK (ROGS.OL) Stock Technical Analysis
OSL:ROGS - Euronext Oslo - NO0006001007 - Common Stock - Currency: NOK
Overall ROGS gets a technical rating of 7 out of 10. 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. 85% of 96 stocks in the same industry do better.
Warning: ROGS has an average volume of 3545 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.
In the last month ROGS has a been trading in the 134.60 - 145.30 range, which is quite wide. It is currently trading near the high of this range.
Although ROGS has an excellent technical rating, the quality of the presented setup is not ideal 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
118.36
146.46
When analyzing the support we can see 3 important areas.
- A support zone ranging from 136.89 to 136.99. 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 126.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @119.56 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 145.01 to 145.01. 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 ROGS.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ROGS.OL is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ROGS.OL has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ROGS.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ROGS.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ROGS.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.29 | OVERBOUGHT | The high RSI value suggests ROGS.OL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests ROGS.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.35 | OVERBOUGHT | The high Stochastics value suggests ROGS.OL may be overbought. |
| Average True Range in percent/ATR (20) | 1.51 | LOW VOLATILITY | The low ATR as a percentage value for ROGS.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 12.53 | NEGATIVE | The low ADX value for ROGS.OL suggests a weak or negative 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:ROGS (6/18/2025, 7:00:00 PM)
145
+1 (+0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.69%
1 Week0.97%
2 Weeks5.69%
1 Month7.01%
3 Month5.16%
6 Month16.48%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.17
ATR(20)%1.51%
ATR Inc-42.51%
Range Today1.5
ADR(20)2.07
ADR(20)%1.42%
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 High145.3
10 Day Low137.02
20 Day High145.3
20 Day Low134.6
52 Week HighN/A
52 Week LowN/A
CS1 End136.99
CR1 Start145.01
Volume & EV
DER(3)0%
DER(5)0.02%
Volume1.89K
Volume Incr71.84%
Vol(5)2.82K
Vol(50)3.55K