OSL:SBO - NO0010612450 - Common Stock
We assign a technical rating of 1 out of 10 to SBO. SBO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, SBO does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 34.80, a Stop Loss order could be placed below this zone.
30.98
3 important support areas can be observed.
When analyzing the resistance we notice 3 important areas.
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 | NEUTRAL | NEUTRAL | The long term trend for SBO.OL is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SBO.OL is down. |
ChartMill Relative Strength | 37.13 | NEUTRAL | SBO.OL is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SBO.OL is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of SBO.OL is below the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SBO.OL is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 37.51 | NEUTRAL | The RSI value for SBO.OL is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests SBO.OL has a negative trend. |
Stochastics (14,3) | 10.75 | OVERSOLD | The low Stochastics value suggests SBO.OL may be oversold. |
Average True Range in percent/ATR (20) | 1.34 | LOW VOLATILITY | The low ATR as a percentage value for SBO.OL suggests low volalility. |
Average Directional Index/ADX (14) | 19.59 | NEGATIVE | The low ADX value for SBO.OL suggests a weak or negative trend. |
OSL:SBO (9/8/2025, 7:00:00 PM)
35.55
+0.05 (+0.14%)