SPAREBANKEN OST (SPOG.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:SPOG - NO0006222009 - Common Stock
We assign a technical rating of 8 out of 10 to SPOG. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SPOG is only an average performer.
Besides having an excellent technical rating, SPOG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 79.08. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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69.50
3 important support areas can be observed.
- A support zone ranging from 73.80 to 73.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @72.48 from a trend line in the weekly time frame.
- A support zone ranging from 70.20 to 71.11. 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 79.08 to 79.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 81.40 to 82.00. 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 SPOG.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPOG.OL is up. |
| ChartMill Relative Strength | 52.55 | NEUTRAL | SPOG.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPOG.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPOG.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SPOG.OL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.92 | NEUTRAL | The RSI value for SPOG.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SPOG.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.6 | NEUTRAL | The Stochastics value for SPOG.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.68 | LOW VOLATILITY | The low ATR as a percentage value for SPOG.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 59.84 | POSITIVE | The high ADX value value for SPOG.OL suggests a strong trend. |
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 |
|---|---|---|---|
| 79.54 | 75.99 | 3.55 (4.46%) | 22.41% |
| An entry @79.54. This is a Buy Stop order right above the resistance zone. | An exit @75.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.55 points, which is 4.46%. | For a 1.00% total portfolio risk, you can invest 22.41% 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:SPOG (1/9/2026, 7:00:00 PM)
79
-0.05 (-0.06%)
SPAREBANKEN OST / SPOG.OL FAQ
What is the technical rating for SPOG stock?
ChartMill assigns a technical rating of 8 / 10 to SPOG.OL.
Can you provide the trend direction for SPAREBANKEN OST?
The current trend direction for SPAREBANKEN OST (SPOG.OL) is Bullish.
Can you provide the RSI signal for SPAREBANKEN OST?
SPAREBANKEN OST (SPOG.OL) has an RSI value of 66.9152. This indicates that the stock is currently neutral.
What is the MACD signal for SPOG stock?
The MACD indicator for SPAREBANKEN OST (SPOG.OL) has a value of 0.0440884, indicating a bearish trend.
What is the short term momentum for SPAREBANKEN OST (SPOG.OL) stock?
The short term momentum for SPAREBANKEN OST (SPOG.OL) is positive.