SELVAAG BOLIG ASA (SBO.OL) Stock Technical Analysis
OSL:SBO - Euronext Oslo - NO0010612450 - Common Stock - Currency: NOK
Taking everything into account, SBO scores 1 out of 10 in our technical rating. 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.
67% of all other stocks performed better in the past year than SBO.
In the last month SBO has a been trading in the 33.95 - 37.15 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
SBO is part of the Real Estate Management & Development industry. There are 74 other stocks in this industry, SBO did better than 52% of them.
SBO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SBO is lagging the market slightly.
Although the technical rating is bad, SBO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 34.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 34.58, a Stop Loss order could be placed below this zone.
More info and screens
30.98
39.45
We found 3 important support areas.
- A support zone ranging from 34.47 to 34.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @33.65 from a horizontal line in the daily time frame.
- A support zone ranging from 31.29 to 31.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 34.70 to 35.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 36.00 to 36.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Strong resistance @36.95 from a horizontal line in the daily time frame.
- A resistance zone ranging from 37.96 to 38.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 39.05 to 39.06. This zone is formed by a combination of multiple trend lines in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for SBO.OL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SBO.OL is neutral. |
| ChartMill Relative Strength | 33.52 | 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) | DOWN | NEGATIVE | The current price of SBO.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SBO.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.68 | NEUTRAL | The RSI value for SBO.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SBO.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 35.42 | NEUTRAL | The Stochastics value for SBO.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for SBO.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 7.67 | NEGATIVE | The low ADX value for SBO.OL suggests a weak or negative 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:SBO (5/30/2025, 7:00:00 PM)
34.7
-0.55 (-1.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg-1.56%
1 Week-1.14%
2 Weeks0.58%
1 Month-0.14%
3 Month-0.29%
6 Month2.66%
12 Month-7.71%
2 Year11.58%
3 Year-20.59%
5 Year-30.74%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.92
ATR(20)%2.49%
ATR Inc-17%
Range Today0.95
ADR(20)0.85
ADR(20)%2.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.52
Mansfield-0.56
10 Day High35.5
10 Day Low34.3
20 Day High37.15
20 Day Low33.95
52 Week High39.4
52 Week Low31.1
CS1 End34.58
CR1 Start34.7
Volume & EV
DER(3)0.07%
DER(5)0.01%
Volume23.51K
Volume Incr-21.93%
Vol(5)29.11K
Vol(50)30.07K