SOGN SPAREBANK (SOGN.OL) Stock Technical Analysis
OSL:SOGN - Euronext Oslo - NO0006000603 - Common Stock - Currency: NOK
Overall SOGN gets a technical rating of 6 out of 10. SOGN has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Warning: SOGN has an average volume of 1170 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
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. However, SOGN's most recent performance is quite weak.
SOGN is an average performer in the Banks industry, it outperforms 40% of 95 stocks in the same industry.
SOGN is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month SOGN has a been trading in the 221.00 - 273.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SOGN has an average technical rating and also the quality of the setup is only medium 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
212.85
264.48
5 important support areas can be observed.
- A support zone ranging from 248.51 to 252.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 238.41 to 239.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @232.89 from a horizontal line in the daily time frame.
- A support zone ranging from 227.00 to 228.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @215.00 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 259.66 to 261.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.76
Mansfield1.35
10 Day High259.65
10 Day Low237
20 Day High273.95
20 Day Low221
52 Week High338.95
52 Week Low177
Performance
1 Week5.79%
2 Weeks7.34%
1 Month1.03%
3 Month-12.58%
6 Month15.92%
12 Month41.89%
2 Year66.44%
3 Year96.7%
5 Year164.95%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)1.68
RSI(14)59.4
LBB233.62
UBB258.42
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 |
|---|---|---|---|
| 261.87 | 248.50 | 13.37 (5.11%) | 19.59% |
| An entry @261.87. This is a Buy Stop order right above the resistance zone. | An exit @248.50. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 13.37 points, which is 5.11%. | For a 1.00% total portfolio risk, you can invest 19.59% 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:SOGN (5/5/2025, 7:00:00 PM)
258.95
+6.95 (+2.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.76%
1 Week5.79%
2 Weeks7.34%
1 Month1.03%
3 Month-12.58%
6 Month15.92%
12 Month41.89%
2 Year66.44%
3 Year96.7%
5 Year164.95%
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.41
ATR(20)%3.66%
ATR Inc-18.35%
Range Today6.7
ADR(20)8.79
ADR(20)%3.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.76
Mansfield1.35
10 Day High259.65
10 Day Low237
20 Day High273.95
20 Day Low221
52 Week High338.95
52 Week Low177
CS1 End252.08
CR1 Start259.66
Volume & EV
DER(3)0%
DER(5)0%
Volume1
Volume Incr-3.17%
Vol(5)1.02K
Vol(50)1.17K