Logo image of SB1NO.OL

SPAREBANK 1 SOR-NORGE ASA (SB1NO.OL) Stock Technical Analysis

OSL:SB1NO - Euronext Oslo - NO0010631567 - Common Stock - Currency: NOK

178.8  -2.6 (-1.43%)

Technical Rating and Analysis

2

Taking everything into account, SB1NO scores 2 out of 10 in our technical rating. SB1NO was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.

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 91 other stocks in this industry, of which 91% are performing better than SB1NO.
In the last month SB1NO has a been trading in the 174.40 - 190.80 range, which is quite wide. It is currently trading near the lows of this range.
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.
Weekly and Daily overview Charts
SPAREBANK 1 SOR-NORGE ASA / SB1NO Weekly stock chart
SPAREBANK 1 SOR-NORGE ASA / SB1NO Daily stock chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

153.65

192.52

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 178.79 to 178.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @159.63 from a trend line in the daily time frame.
  • Support @155.20 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 182.54 to 186.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 190.60 to 190.61. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 SB1NO.OL is up.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for SB1NO.OL is down.
ChartMill Relative Strength0NEGATIVESB1NO.OL has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of SB1NO.OL is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of SB1NO.OL is below a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of SB1NO.OL is above the rising SMA(200).
Relative Strength Index/RSI (14)39.69NEUTRALThe RSI value for SB1NO.OL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.86NEGATIVEThe MACD value suggests SB1NO.OL has a negative trend.
Stochastics (14,3)19.93OVERSOLDThe low Stochastics value suggests SB1NO.OL may be oversold.
Average True Range in percent/ATR (20)1.78LOW VOLATILITYThe low ATR as a percentage value for SB1NO.OL suggests low volalility.
Average Directional Index/ADX (14)21.01NEUTRALThe ADX value for SB1NO.OL suggests a possible start of a new 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)
SPAREBANK 1 SOR-NORGE ASA / SB1NO Daily stock chart

SPAREBANK 1 SOR-NORGE ASA

OSL:SB1NO (8/7/2025, 7:00:00 PM)

178.8

-2.6 (-1.43%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.43%
1 Week-1.43%
2 Weeks-4.39%
1 Month-6.09%
3 Month3.11%
6 Month12.45%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.91
ATR(20)%1.78%
ATR Inc66.84%
Range Today7.2
ADR(20)2.97
ADR(20)%1.66%
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 High187.6
10 Day Low174.4
20 Day High190.8
20 Day Low174.4
52 Week HighN/A
52 Week LowN/A
CS1 End178.79
CR1 Start182.54
Volume & EV
DER(3)-7.39%
DER(5)-6.06%
Volume246.41K
Volume Incr41.52%
Vol(5)172.88K
Vol(50)177.40K