SPAREBANK 1 NORDMOERE (SNOR.OL) Stock Technical Analysis
OSL:SNOR - Euronext Oslo - NO0010691660 - Common Stock - Currency: NOK
Overall SNOR gets a technical rating of 3 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 part of the Banks industry. There are 91 other stocks in this industry, of which 73% are performing better than SNOR.
Warning: SNOR has an average volume of 983 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, SNOR did better than 72% of all other stocks.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
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.
In the last month SNOR has a been trading in a tight range between 160.00 and 164.00.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, SNOR does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 161.97. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
118.80
175.75
We found 4 important support areas.
- Support @158.40 from a horizontal line in the daily time frame.
- Support @153.39 from a horizontal line in the weekly time frame.
- Support @149.43 from a trend line in the daily time frame.
- Support @120.00 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 161.97 to 166.52. 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 | DOWN | NEGATIVE | The short term trend for SNOR.OL is down. |
| ChartMill Relative Strength | 72.66 | POSITIVE | SNOR.OL has a high relative strength, it outperformed 72.66% 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) | DOWN | NEGATIVE | The current price of SNOR.OL is below a declining 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) | 47.78 | NEUTRAL | The RSI value for SNOR.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests SNOR.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.08 | NEUTRAL | The Stochastics value for SNOR.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 0.65 | LOW VOLATILITY | The low ATR as a percentage value for SNOR.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 15.07 | 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)
OSL:SNOR (8/5/2025, 7:00:00 PM)
161.96
-0.04 (-0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.02%
1 Week0.11%
2 Weeks-0.64%
1 Month-0.65%
3 Month0.36%
6 Month-1.84%
12 Month31.65%
2 Year32.75%
3 Year24.58%
5 Year45.91%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.29
ATR(20)%0.65%
ATR Inc30.05%
Range Today3.48
ADR(20)0.9
ADR(20)%0.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.66
Mansfield0.1
10 Day High162.98
10 Day Low160
20 Day High164
20 Day Low160
52 Week High179
52 Week Low124.3
CS1 End158.4
CR1 Start161.97
Volume & EV
DER(3)-18.96%
DER(5)-71.42%
Volume1
Volume Incr-26.49%
Vol(5)362.2
Vol(50)983.2