SPAREBANK 1 OSTFOLD AKERSHUS (SOAG.OL) Stock Technical Analysis
OSL:SOAG - Euronext Oslo - NO0010285562 - Common Stock - Currency: NOK
Taking everything into account, SOAG scores 2 out of 10 in our technical rating. SOAG has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
SOAG is one of the lesser performing stocks in the Banks industry. 85% of 91 stocks in the same industry do better.
In the last month SOAG has a been trading in the 411.00 - 436.05 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: SOAG has an average volume of 319 traded shares per day. This is quite low and it might be dangerous to invest in illiquid 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.
When comparing the performance of all stocks over the past year, SOAG turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
SOAG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SOAG is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, SOAG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 418.30. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 415.92, a Stop Loss order could be placed below this zone.
More info and screens
348.26
452.49
When analyzing the support we can see 3 important areas.
- A support zone ranging from 408.05 to 415.92. 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 @351.78 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 418.30 to 424.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 434.00 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 | DOWN | NEGATIVE | The short term trend for SOAG.OL is down. |
| ChartMill Relative Strength | 56.77 | NEUTRAL | SOAG.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SOAG.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SOAG.OL is below 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) | 45.91 | NEUTRAL | The RSI value for SOAG.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.53 | NEGATIVE | The MACD value suggests SOAG.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.82 | NEUTRAL | The Stochastics value for SOAG.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.54 | LOW VOLATILITY | The low ATR as a percentage value for SOAG.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 15.07 | 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)
OSL:SOAG (8/7/2025, 7:00:00 PM)
417
+2 (+0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.48%
1 Week0.06%
2 Weeks-1.19%
1 Month-1.66%
3 Month0%
6 Month-1.66%
12 Month18.23%
2 Year30.5%
3 Year26.52%
5 Year77.35%
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.31
ATR(20)%1.54%
ATR Inc-20.18%
Range Today4.95
ADR(20)4.75
ADR(20)%1.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.77
Mansfield-0.18
10 Day High420
10 Day Low411
20 Day High436.05
20 Day Low411
52 Week High448
52 Week Low343
CS1 End415.92
CR1 Start418.3
Volume & EV
DER(3)0%
DER(5)0%
Volume1.06K
Volume Incr-79.73%
Vol(5)60.4
Vol(50)319.3