SOGN SPAREBANK (SOGN.OL) Stock Technical Analysis
Europe - OSL:SOGN - NO0006000603 - Common Stock
261.1 NOK
-4.9 (-1.84%)
We assign a technical rating of 1 out of 10 to SOGN. SOGN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
SOGN is one of the lesser performing stocks in the Banks industry. 86% of 89 stocks in the same industry do better.
Warning: SOGN has an average volume of 184 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, SOGN turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
SOGN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SOGN is lagging the market.
In the last month SOGN has a been trading in a tight range between 255.00 and 270.00.
The technical rating of SOGN is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
225.71
297.71
When analyzing the support we can see 2 important areas.
- A support zone ranging from 252.81 to 259.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @227.99 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 261.75 to 270.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 281.95 to 289.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @294.76 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for SOGN.OL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SOGN.OL is down. |
| ChartMill Relative Strength | 50.36 | NEUTRAL | SOGN.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SOGN.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SOGN.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SOGN.OL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.95 | NEUTRAL | The RSI value for SOGN.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.76 | POSITIVE | The MACD value suggests SOGN.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59 | NEUTRAL | The Stochastics value for SOGN.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.21 | LOW VOLATILITY | The low ATR as a percentage value for SOGN.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 15.75 | NEGATIVE | The low ADX value for SOGN.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:SOGN (9/12/2025, 7:00:00 PM)
261.1
-4.9 (-1.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.84%
1 Week-1.08%
2 Weeks-0.72%
1 Month-1.47%
3 Month-11.42%
6 Month13.52%
12 Month25.53%
2 Year72.91%
3 Year105.59%
5 Year158.52%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.14
ATR(20)%1.21%
ATR Inc8.8%
Range Today0
ADR(20)2.18
ADR(20)%0.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.36
Mansfield-0.86
10 Day High270
10 Day Low257.7
20 Day High270
20 Day Low255
52 Week High338.95
52 Week Low202.3
CS1 End259.98
CR1 Start261.75
Volume & EV
DER(3)0%
DER(5)-0.58%
Volume1
Volume Incr-16.85%
Vol(5)136.2
Vol(50)184.82