SOGN SPAREBANK (SOGN.OL) Stock Technical Analysis
OSL:SOGN • NO0006000603
Overall SOGN gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SOGN is showing a nice and steady performance.
- Warning: SOGN has an average volume of 325 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that SOGN is one of the better performing stocks in the market, outperforming 78% of all stocks. On top of that, SOGN also shows a nice and consistent pattern of rising prices.
- A new 52 week high is currently being made by SOGN, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month SOGN has a been trading in the 267.05 - 335.00 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- SOGN is part of the Banks industry. There are 106 other stocks in this industry, SOGN did better than 63% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although SOGN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
253.44
We found 5 important support areas.
- A support zone ranging from 303.04 to 305.53. 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 281.95 to 282.14. 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 271.93 to 272.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @265.25 from a horizontal line in the daily time frame.
- Support @256.00 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for SOGN.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SOGN.OL is up. |
| ChartMill Relative Strength | 78.8 | POSITIVE | SOGN.OL has a high relative strength, it outperformed 78.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SOGN.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SOGN.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SOGN.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.71 | OVERBOUGHT | The high RSI value suggests SOGN.OL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.29 | POSITIVE | The MACD value suggests SOGN.OL has a positive trend. |
| Stochastics (14,3) | 79.02 | NEUTRAL | The Stochastics value for SOGN.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for SOGN.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 41.43 | POSITIVE | The high ADX value value for SOGN.OL suggests a strong trend. |
OSL:SOGN (2/27/2026, 7:00:00 PM)
334
+28.95 (+9.49%)
SOGN SPAREBANK / SOGN.OL FAQ
Can you provide the ChartMill technical rating for SOGN SPAREBANK?
ChartMill assigns a technical rating of 10 / 10 to SOGN.OL.
What is the trend direction for SOGN stock?
The current trend direction for SOGN SPAREBANK (SOGN.OL) is Bullish.
Can you provide the RSI signal for SOGN SPAREBANK?
SOGN SPAREBANK (SOGN.OL) has an RSI value of 77.7117. This indicates that the stock is currently overbought.
Can you provide the buy/sell signal for SOGN SPAREBANK?
The buy/sell signal for SOGN SPAREBANK (SOGN.OL) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for SOGN SPAREBANK?
SOGN SPAREBANK (SOGN.OL) has a support level at 305.53. Check the full technical report for our detailed analysis of SOGN.OL support and resistance levels.