Logo image of SPOG.OL

SPAREBANKEN OST (SPOG.OL) Stock Technical Analysis

OSL:SPOG - Euronext Oslo - NO0006222009 - Common Stock - Currency: NOK

72.7  -1.05 (-1.42%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to SPOG. In the last year, SPOG was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.

SPOG is part of the Banks industry. There are 92 other stocks in this industry, of which 68% are performing better than SPOG.
Warning: SPOG has an average volume of 17751 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that SPOG is one of the better performing stocks in the market, outperforming 73% of all stocks. However, we also see that SPOG couldn't keep up this performance in the last couple of months.
SPOG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SPOG is lagging the market slightly.
In the last month SPOG has a been trading in a tight range between 71.20 and 74.66.
Weekly and Daily overview Charts
SPAREBANKEN OST / SPOG Weekly stock chart
SPAREBANKEN OST / SPOG Daily stock chart
Setup Rating and Analysis

3

SPOG has an average technical rating and it also does not offer a high 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.

Support and Resistance Analysis

64.45

82.82

We found 3 important support areas.

  • A support zone ranging from 68.99 to 69.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 66.76 to 66.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @65.10 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 72.74 to 74.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 81.20 to 82.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for SPOG.OL is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for SPOG.OL is neutral.
ChartMill Relative Strength73.41POSITIVESPOG.OL has a high relative strength, it outperformed 73.41% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of SPOG.OL is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of SPOG.OL is below a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of SPOG.OL is above the rising SMA(200).
Relative Strength Index/RSI (14)48.45NEUTRALThe RSI value for SPOG.OL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.18POSITIVEThe MACD value suggests SPOG.OL has a positive trend, although the MACD value is declining.
Stochastics (14,3)72.49NEUTRALThe Stochastics value for SPOG.OL is a neutral value.
Average True Range in percent/ATR (20)1.18LOW VOLATILITYThe low ATR as a percentage value for SPOG.OL suggests low volalility.
Average Directional Index/ADX (14)26.55POSITIVEThe high ADX value value for SPOG.OL suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
SPAREBANKEN OST / SPOG Daily stock chart

SPAREBANKEN OST

OSL:SPOG (5/28/2025, 7:00:00 PM)

72.7

-1.05 (-1.42%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.42%
1 Week0.72%
2 Weeks1.28%
1 Month-1.09%
3 Month-9.12%
6 Month11.67%
12 Month32.45%
2 Year58.04%
3 Year37.17%
5 Year57.36%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.83
ATR(20)%1.18%
ATR Inc43.26%
Range Today1.36
ADR(20)0.83
ADR(20)%1.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.41
Mansfield0.77
10 Day High73.89
10 Day Low71.2
20 Day High74.66
20 Day Low71.2
52 Week High83.99
52 Week Low53.5
CS1 End69.04
CR1 Start72.74
Volume & EV
DER(3)-0.02%
DER(5)0.01%
Volume18.48K
Volume Incr49.79%
Vol(5)23.74K
Vol(50)17.75K