SPAREBANKEN NORGE (SBNOR.OL) Stock Technical Analysis
Europe - OSL:SBNOR - NO0006000900 - Common Stock
Taking everything into account, SBNOR scores 3 out of 10 in our technical rating. In the last year, SBNOR was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
SBNOR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 171.51, a Stop Loss order could be placed below this zone.
More info and screens
165.72
We found 2 important support areas.
- A support zone ranging from 170.07 to 171.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @167.39 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 173.89 to 176.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 179.89 to 180.01. 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 SBNOR.OL is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SBNOR.OL is down. |
| 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 | MIXED | The current price of SBNOR.OL is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 39.91 | NEUTRAL | The RSI value for SBNOR.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.85 | NEGATIVE | The MACD value suggests SBNOR.OL has a negative trend. |
| Stochastics (14,3) | 20.04 | NEUTRAL | The Stochastics value for SBNOR.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.97 | LOW VOLATILITY | The low ATR as a percentage value for SBNOR.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 16.39 | NEGATIVE | The low ADX value for SBNOR.OL suggests a weak or negative trend. |
OSL:SBNOR (11/10/2025, 7:00:00 PM)
172.28
-0.54 (-0.31%)
SPAREBANKEN NORGE / SBNOR.OL FAQ
Can you provide the ChartMill technical rating for SPAREBANKEN NORGE?
ChartMill assigns a technical rating of 3 / 10 to SBNOR.OL.
Can you provide the trend direction for SPAREBANKEN NORGE?
The current trend direction for SPAREBANKEN NORGE (SBNOR.OL) is Bullish.
What is the RSI signal for SBNOR stock?
SPAREBANKEN NORGE (SBNOR.OL) has an RSI value of 39.9137. 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 negative.
What are the support and resistance levels for SPAREBANKEN NORGE (SBNOR.OL) stock?
SPAREBANKEN NORGE (SBNOR.OL) has a support level at 171.51 and a resistance level at 173.89. Check the full technical report for our detailed analysis of SBNOR.OL support and resistance levels.