SPAREBANK 1 OSTFOLD AKERSHUS (SOAG.OL) Stock Technical Analysis
OSL:SOAG - Euronext Oslo - NO0010285562 - Common Stock - Currency: NOK
Overall SOAG gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
SOAG is part of the Banks industry. There are 92 other stocks in this industry, of which 63% are performing better than SOAG.
Warning: SOAG has an average volume of 276 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that SOAG is one of the better performing stocks in the market, outperforming 75% of all stocks. On top of that, SOAG also shows a nice and consistent pattern of rising prices.
SOAG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SOAG is performing more or less in line with the market.
In the last month SOAG has a been trading in the 404.05 - 438.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SOAG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 438.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 421.33, a Stop Loss order could be placed below this zone.
More info and screens
343.86
452.49
5 important support areas can be observed.
- A support zone ranging from 412.62 to 421.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @398.65 from a horizontal line in the daily time frame.
- Support @375.00 from a horizontal line in the daily time frame.
- A support zone ranging from 368.79 to 368.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @347.33 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 438.00 to 448.01. 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 SOAG.OL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SOAG.OL is neutral. |
| ChartMill Relative Strength | 75.6 | POSITIVE | SOAG.OL has a high relative strength, it outperformed 75.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SOAG.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SOAG.OL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SOAG.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.05 | NEUTRAL | The RSI value for SOAG.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests SOAG.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.99 | NEUTRAL | The Stochastics value for SOAG.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.01 | MEDIUM VOLATILITY | The ATR as a percentage value for SOAG.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 16.1 | NEGATIVE | The low ADX value for SOAG.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 |
|---|---|---|---|
| 438.01 | 412.61 | 25.40 (5.80%) | 17.24% |
| An entry @438.01. This is a Buy Stop order right above the 10 day high. | An exit @412.61. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 25.40 points, which is 5.80%. | For a 1.00% total portfolio risk, you can invest 17.24% of your capital in this trade. |
- 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:SOAG (5/28/2025, 7:00:00 PM)
424.95
-1.15 (-0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.27%
1 Week1.19%
2 Weeks-2.98%
1 Month3.65%
3 Month-0.01%
6 Month13.32%
12 Month26.1%
2 Year35.33%
3 Year22.82%
5 Year84.76%
10 YearN/A
15 YearN/A
Volatility
ATR(14)10.16
ATR(20)%2.01%
ATR Inc-0.52%
Range Today8.4
ADR(20)7.43
ADR(20)%1.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.6
Mansfield0.99
10 Day High438
10 Day Low410.05
20 Day High438
20 Day Low404.05
52 Week High448
52 Week Low320
CS1 End421.33
CR1 Start438
Volume & EV
DER(3)0%
DER(5)0%
Volume21
Volume Incr-49.99%
Vol(5)217.8
Vol(50)276.82