SKUE SPAREBANK (SKUE.OL) Stock Technical Analysis
OSL:SKUE - Euronext Oslo - NO0006001809 - Common Stock - Currency: NOK
We assign a technical rating of 10 out of 10 to SKUE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SKUE is showing a nice and steady performance.
Warning: SKUE has an average volume of 1877 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, SKUE did better than 89% of all other stocks. We also observe that the gains produced by SKUE over the past year are nicely spread over this period.
SKUE is one of the better performing stocks in the Banks industry, it outperforms 70% of 96 stocks in the same industry.
SKUE is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SKUE is leading the market.
In the last month SKUE has a been trading in the 322.00 - 368.90 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although SKUE has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
305.90
366.14
2 important support areas can be observed.
- A support zone ranging from 313.99 to 315.56. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @308.99 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 362.06 to 362.51. 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 SKUE.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SKUE.OL is up. |
| ChartMill Relative Strength | 89.55 | POSITIVE | SKUE.OL has a high relative strength, it outperformed 89.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SKUE.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SKUE.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SKUE.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 78.83 | OVERBOUGHT | The high RSI value suggests SKUE.OL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.94 | POSITIVE | The MACD value suggests SKUE.OL has a positive trend. |
| Stochastics (14,3) | 85.28 | OVERBOUGHT | The high Stochastics value suggests SKUE.OL may be overbought. |
| Average True Range in percent/ATR (20) | 1.63 | LOW VOLATILITY | The low ATR as a percentage value for SKUE.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 25.16 | POSITIVE | The high ADX value value for SKUE.OL suggests a strong 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:SKUE (6/18/2025, 7:00:00 PM)
362.05
-0.45 (-0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.12%
1 Week10.21%
2 Weeks11.93%
1 Month10.41%
3 Month0.57%
6 Month29.35%
12 Month55.39%
2 Year67.62%
3 Year64.57%
5 Year114.23%
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.79
ATR(20)%1.63%
ATR Inc46.91%
Range Today6.9
ADR(20)5.48
ADR(20)%1.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.55
Mansfield2.22
10 Day High368.9
10 Day Low325
20 Day High368.9
20 Day Low322
52 Week High368.9
52 Week Low230.1
CS1 End315.56
CR1 Start362.06
Volume & EV
DER(3)0.59%
DER(5)0.37%
Volume2.80K
Volume Incr342.44%
Vol(5)5.74K
Vol(50)1.88K