SPAREBANK 1 SOR-NORGE ASA (SB1NO.OL) Stock Technical Analysis
OSL:SB1NO - NO0010631567 - Common Stock
173.4 NOK
+1.2 (+0.7%)
We assign a technical rating of 1 out of 10 to SB1NO. SB1NO performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, SB1NO is a bad performer in the overall market: 100% of all stocks are doing better.
SB1NO is part of the Banks industry. There are 96 other stocks in this industry, of which 87% are performing better than SB1NO.
In the last month SB1NO has a been trading in the 170.80 - 183.00 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Considerably lower volume is observed in the last couple of days.
The technical rating of SB1NO is bad and it also does not present a quality setup 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
160.11
192.52
When analyzing the support we can see 2 important areas.
- A support zone ranging from 172.19 to 172.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @161.73 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 178.10 to 178.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @186.61 from a horizontal line in the weekly time frame.
- Resistance @190.61 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 SB1NO.OL is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SB1NO.OL is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | SB1NO.OL has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SB1NO.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SB1NO.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SB1NO.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 30.54 | NEUTRAL | The RSI value for SB1NO.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.69 | NEGATIVE | The MACD value suggests SB1NO.OL has a negative trend. |
| Stochastics (14,3) | 15.42 | OVERSOLD | The low Stochastics value suggests SB1NO.OL may be oversold. |
| Average True Range in percent/ATR (20) | 1.72 | LOW VOLATILITY | The low ATR as a percentage value for SB1NO.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 29.97 | POSITIVE | The high ADX value value for SB1NO.OL suggests a strong 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:SB1NO (9/4/2025, 11:49:19 AM)
173.4
+1.2 (+0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.7%
1 Week-2.6%
2 Weeks-4.65%
1 Month-5.07%
3 Month-4.86%
6 Month8.58%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.56
ATR(20)%1.72%
ATR Inc32.54%
Range Today2.6
ADR(20)2.72
ADR(20)%1.57%
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 High183
10 Day Low170.8
20 Day High183
20 Day Low170.8
52 Week HighN/A
52 Week LowN/A
CS1 End172.19
CR1 Start178.1
Volume & EV
DER(3)-1.53%
DER(5)-1.85%
Volume13.79K
Volume Incr-52.6%
Vol(5)78.01K
Vol(50)137.18K