SPAREBANKEN NORGE (SBNOR.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:SBNOR - NO0006000900 - Common Stock
Overall SBNOR gets a technical rating of 5 out of 10. SBNOR 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.
- 100% of all other stocks performed better in the past year than SBNOR.
- SBNOR is part of the Banks industry. There are 114 other stocks in this industry, of which 74% are performing better than SBNOR.
- In the last month SBNOR has a been trading in the 184.80 - 199.74 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
SBNOR has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
167.99
2 important support areas can be observed.
- A support zone ranging from 179.29 to 179.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 169.69 to 172.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 195.81 to 198.07. 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 SBNOR.OL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SBNOR.OL is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | SBNOR.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 SBNOR.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SBNOR.OL is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 47.35 | NEUTRAL | The RSI value for SBNOR.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.87 | NEGATIVE | The MACD value suggests SBNOR.OL has a negative trend. |
| Stochastics (14,3) | 27.51 | NEUTRAL | The Stochastics value for SBNOR.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.84 | LOW VOLATILITY | The low ATR as a percentage value for SBNOR.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 18.94 | NEGATIVE | The low ADX value for SBNOR.OL suggests a weak or negative trend. |
OSL:SBNOR (1/23/2026, 7:00:00 PM)
187.42
-1.22 (-0.65%)
SPAREBANKEN NORGE / SBNOR.OL FAQ
Can you provide the ChartMill technical rating for SPAREBANKEN NORGE?
ChartMill assigns a technical rating of 5 / 10 to SBNOR.OL.
What is the current trend direction of SPAREBANKEN NORGE (SBNOR.OL) stock?
The current trend direction for SPAREBANKEN NORGE (SBNOR.OL) is Bullish.
Can you provide the RSI signal for SPAREBANKEN NORGE?
SPAREBANKEN NORGE (SBNOR.OL) has an RSI value of 47.3473. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SPAREBANKEN NORGE?
The short term momentum for SPAREBANKEN NORGE (SBNOR.OL) is neutral.
What is the support and resistance level for SBNOR stock?
SPAREBANKEN NORGE (SBNOR.OL) has a support level at 179.66 and a resistance level at 195.81. Check the full technical report for our detailed analysis of SBNOR.OL support and resistance levels.