SPAREBANK 1 NORDMOERE (SNOR.OL) Stock Technical Analysis
OSL:SNOR - Euronext Oslo - NO0010691660 - Common Stock - Currency: NOK
Overall SNOR gets a technical rating of 6 out of 10. In the last year, SNOR was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
SNOR is one of the lesser performing stocks in the Banks industry. 76% of 87 stocks in the same industry do better.
Warning: SNOR has an average volume of 1477 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that SNOR is one of the better performing stocks in the market, outperforming 74% of all stocks. On top of that, SNOR also shows a nice and consistent pattern of rising prices.
In the last month SNOR has a been trading in the 155.04 - 167.78 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.
SNOR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SNOR is lagging the market.
SNOR 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.
More info and screens
116.82
175.75
3 important support areas can be observed.
- A support zone ranging from 158.40 to 160.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 152.42 to 153.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @118.00 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 161.64 to 162.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 174.00 to 174.01. 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 SNOR.OL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SNOR.OL is neutral. |
| ChartMill Relative Strength | 74.26 | POSITIVE | SNOR.OL has a high relative strength, it outperformed 74.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SNOR.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SNOR.OL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SNOR.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52 | NEUTRAL | The RSI value for SNOR.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SNOR.OL has a positive trend. |
| Stochastics (14,3) | 66.93 | NEUTRAL | The Stochastics value for SNOR.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.9 | LOW VOLATILITY | The low ATR as a percentage value for SNOR.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 12.86 | NEGATIVE | The low ADX value for SNOR.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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 162.22 | 155.03 | 7.19 (4.43%) | 22.56% |
| An entry @162.22. This is a Buy Stop order right above the resistance zone. | An exit @155.03. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 7.19 points, which is 4.43%. | When investing 22.56% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OSL:SNOR (7/3/2025, 3:35:17 PM)
161.1
-1.4 (-0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.86%
1 Week0.93%
2 Weeks0.31%
1 Month-0.44%
3 Month2.85%
6 Month14.2%
12 Month31.07%
2 Year35.42%
3 Year24.05%
5 Year46.4%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.96
ATR(20)%1.9%
ATR Inc-35.25%
Range Today0
ADR(20)2.85
ADR(20)%1.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.26
Mansfield0.32
10 Day High164
10 Day Low155.04
20 Day High167.78
20 Day Low155.04
52 Week High179
52 Week Low122
CS1 End153.39
CR1 Start160.69
Volume & EV
DER(3)-4.02%
DER(5)-2.51%
Volume11
Volume Incr-4.23%
Vol(5)1.45K
Vol(50)1.48K