SOGN SPAREBANK (SOGN.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:SOGN - NO0006000603 - Common Stock
Overall SOGN gets a technical rating of 5 out of 10. In the last year, SOGN was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
Although the technical rating is only medium, SOGN does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
247.74
3 important support areas can be observed.
- Support @265.73 from a trend line in the weekly time frame.
- A support zone ranging from 256.00 to 259.74. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 250.24 to 250.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 277.81 to 283.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @289.05 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 | NEUTRAL | NEUTRAL | The short term trend for SOGN.OL is neutral. |
| ChartMill Relative Strength | 30.59 | 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) | 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) | 46.75 | NEUTRAL | The RSI value for SOGN.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.06 | NEGATIVE | The MACD value suggests SOGN.OL has a negative trend. |
| Stochastics (14,3) | 15.33 | OVERSOLD | The low Stochastics value suggests SOGN.OL may be oversold. |
| Average True Range in percent/ATR (20) | 1.55 | LOW VOLATILITY | The low ATR as a percentage value for SOGN.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 24 | NEUTRAL | The ADX value for SOGN.OL suggests a possible start of a new trend. |
OSL:SOGN (1/13/2026, 7:00:00 PM)
274
-1.15 (-0.42%)
SOGN SPAREBANK / SOGN.OL FAQ
Can you provide the ChartMill technical rating for SOGN SPAREBANK?
ChartMill assigns a technical rating of 5 / 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 46.7487. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for SOGN SPAREBANK?
SOGN SPAREBANK (SOGN.OL) has a support level at 265.73 and a resistance level at 277.81. Check the full technical report for our detailed analysis of SOGN.OL support and resistance levels.