SPAREBANKEN OST (SPOG.OL) Stock Technical Analysis
OSL:SPOG - Euronext Oslo - NO0006222009 - Common Stock - Currency: NOK
Overall SPOG gets a technical rating of 4 out of 10. Although SPOG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
SPOG is part of the Banks industry. There are 91 other stocks in this industry, of which 72% are performing better than SPOG.
In the last month SPOG has a been trading in the 73.40 - 78.00 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: SPOG has an average volume of 12311 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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. We also observe that the gains produced by SPOG over the past year are nicely spread over this period.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
SPOG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SPOG is lagging the market.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, SPOG does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 74.43, a Stop Loss order could be placed below this zone.
More info and screens
66.09
82.82
4 important support areas can be observed.
- A support zone ranging from 73.60 to 74.43. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 71.77 to 71.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @68.40 from a trend line in the daily time frame.
- 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.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 75.38 to 76.30. 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.
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 | 73.89 | POSITIVE | SPOG.OL has a high relative strength, it outperformed 73.89% off all stocks 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) | UP | MIXED | The current price of SPOG.OL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPOG.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.8 | NEUTRAL | The RSI value for SPOG.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests SPOG.OL has a negative trend. |
| Stochastics (14,3) | 29.17 | NEUTRAL | The Stochastics value for SPOG.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.79 | LOW VOLATILITY | The low ATR as a percentage value for SPOG.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 15.52 | NEGATIVE | The low ADX value for SPOG.OL suggests a weak or negative trend. |
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)
OSL:SPOG (8/8/2025, 7:00:00 PM)
74.5
-1.03 (-1.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.36%
1 Week-1.18%
2 Weeks-3.25%
1 Month-3.25%
3 Month2.05%
6 Month-6.41%
12 Month33.3%
2 Year55.86%
3 Year49.6%
5 Year56.84%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.42
ATR(20)%1.79%
ATR Inc8.41%
Range Today2.38
ADR(20)1.28
ADR(20)%1.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.89
Mansfield-0.28
10 Day High77.99
10 Day Low73.4
20 Day High78
20 Day Low73.4
52 Week High83.99
52 Week Low56.01
CS1 End74.43
CR1 Start75.38
Volume & EV
DER(3)-0.08%
DER(5)-0.22%
Volume36.21K
Volume Incr105.03%
Vol(5)16.79K
Vol(50)12.31K