SPAREBANK 1 OESTLANDET (SPOL.OL) Stock Technical Analysis
OSL:SPOL - Euronext Oslo - NO0010751910 - Common Stock - Currency: NOK
Overall SPOL gets a technical rating of 10 out of 10. Both in the recent history as in the last year, SPOL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, SPOL also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 188.07. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 187.78, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SPOL 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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147.93
When analyzing the support we can see 5 important areas.
- A support zone ranging from 184.61 to 186.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @180.39 from a horizontal line in the daily time frame.
- Support @161.34 from a trend line in the weekly time frame.
- Support @155.75 from a trend line in the daily time frame.
- Support @149.42 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 187.03 to 188.59. 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 SPOL.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPOL.OL is up. |
| ChartMill Relative Strength | 86.43 | POSITIVE | SPOL.OL has a high relative strength, it outperformed 86.43% 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) | 61.75 | NEUTRAL | The RSI value for SPOL.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests SPOL.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 77.39 | NEUTRAL | The Stochastics value for SPOL.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.69 | LOW VOLATILITY | The low ATR as a percentage value for SPOL.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 31.95 | POSITIVE | The high ADX value value for SPOL.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 |
|---|---|---|---|
| 188.60 | 184.60 | 4.00 (2.12%) | 25.00% |
| An entry @188.60. This is a Buy Stop order right above the resistance zone. | An exit @184.60. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.00 points, which is 2.12%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.53%. |
- The distance between exit and entry is rather small compared to the average daily movement of SPOL. Please evaluate whether better entry and exit points can be found.
- 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:SPOL (6/19/2025, 4:19:47 PM)
186.3
-1.76 (-0.94%)