SPAREBANKEN OST (SPOG.OL) Stock Technical Analysis
Europe - OSL:SPOG - NO0006222009 - Common Stock
Taking everything into account, SPOG scores 1 out of 10 in our technical rating. SPOG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, SPOG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 73.78. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 72.19, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SPOG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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64.45
When analyzing the support we can see 3 important areas.
- A support zone ranging from 71.78 to 72.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @68.89 from a trend line in the daily time frame.
- Support @65.10 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 73.78 to 75.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 76.90 to 77.78. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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.
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 | NEUTRAL | NEUTRAL | The long term trend for SPOG.OL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SPOG.OL is down. |
| ChartMill Relative Strength | 56.84 | NEUTRAL | SPOG.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SPOG.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SPOG.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SPOG.OL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.44 | NEUTRAL | The RSI value for SPOG.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests SPOG.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.59 | OVERSOLD | The low Stochastics value suggests SPOG.OL may be oversold. |
| Average True Range in percent/ATR (20) | 1.51 | LOW VOLATILITY | The low ATR as a percentage value for SPOG.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 10.9 | NEGATIVE | The low ADX value for SPOG.OL suggests a weak or negative trend. |
OSL:SPOG (9/12/2025, 7:00:00 PM)
72.29
-0.31 (-0.43%)