SPAREBANK 1 OESTLANDET (SPOL.OL) Stock Technical Analysis
OSL:SPOL - Euronext Oslo - NO0010751910 - Common Stock - Currency: NOK
We assign a technical rating of 10 out of 10 to SPOL. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SPOL is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, SPOL did better than 84% of all other stocks. On top of that, SPOL also shows a nice and consistent pattern of rising prices.
SPOL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SPOL is performing more or less in line with the market.
SPOL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
SPOL is part of the Banks industry. There are 92 other stocks in this industry, SPOL did better than 63% of them.
SPOL has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
147.93
182.20
We found 4 important support areas.
- A support zone ranging from 178.95 to 180.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @159.65 from a trend line in the weekly time frame.
- A support zone ranging from 154.49 to 154.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @149.42 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 SPOL.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPOL.OL is up. |
| ChartMill Relative Strength | 84.72 | POSITIVE | SPOL.OL has a high relative strength, it outperformed 84.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPOL.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPOL.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPOL.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.59 | NEUTRAL | The RSI value for SPOL.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests SPOL.OL has a negative trend. |
| Stochastics (14,3) | 62.4 | NEUTRAL | The Stochastics value for SPOL.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for SPOL.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 27.5 | POSITIVE | The high ADX value value for SPOL.OL suggests a strong 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:SPOL (5/28/2025, 7:00:00 PM)
180.4
-1.66 (-0.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.91%
1 Week-3.93%
2 Weeks1.76%
1 Month7.06%
3 Month9.84%
6 Month19.68%
12 Month32.16%
2 Year45.25%
3 Year32.84%
5 Year97.37%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.18
ATR(20)%1.75%
ATR Inc-19.82%
Range Today2.3
ADR(20)3.09
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
CRS84.72
Mansfield1.47
10 Day High187.78
10 Day Low177.22
20 Day High187.78
20 Day Low169.2
52 Week High187.78
52 Week Low129.66
CS1 End180.39
CR1 StartN/A
Volume & EV
DER(3)-0.47%
DER(5)0.34%
Volume49.48K
Volume Incr8.22%
Vol(5)44.47K
Vol(50)45.48K