STOREBRAND ASA (STB.OL) Stock Technical Analysis
OSL:STB - Euronext Oslo - NO0003053605 - Common Stock - Currency: NOK
We assign a technical rating of 10 out of 10 to STB. Both in the recent history as in the last year, STB has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, STB did better than 84% of all other stocks. On top of that, STB also shows a nice and consistent pattern of rising prices.
STB is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month STB has a been trading in the 131.60 - 142.80 range, which is quite wide. It is currently trading near the high of this range.
STB is part of the Insurance industry. There are 40 other stocks in this industry, STB did better than 69% of them.
Although STB has an excellent technical rating, it does not present a decent entry opportunity 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
119.79
145.04
When analyzing the support we can see 3 important areas.
- A support zone ranging from 136.28 to 137.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 131.15 to 133.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 121.00 to 121.92. 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 STB.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STB.OL is up. |
| ChartMill Relative Strength | 84.74 | POSITIVE | STB.OL has a high relative strength, it outperformed 84.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STB.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of STB.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of STB.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.85 | OVERBOUGHT | The high RSI value suggests STB.OL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.49 | POSITIVE | The MACD value suggests STB.OL has a positive trend. |
| Stochastics (14,3) | 92.3 | OVERBOUGHT | The high Stochastics value suggests STB.OL may be overbought. |
| Average True Range in percent/ATR (20) | 1.43 | LOW VOLATILITY | The low ATR as a percentage value for STB.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 24.04 | NEUTRAL | The ADX value for STB.OL suggests a possible start of a new 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:STB (7/1/2025, 12:16:32 PM)
143.6
+0.8 (+0.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.56%
1 Week4.85%
2 Weeks5.78%
1 Month6.81%
3 Month16.67%
6 Month17.53%
12 Month32.96%
2 Year70.69%
3 Year103.71%
5 Year187.85%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.27
ATR(20)%1.43%
ATR Inc-9.93%
Range Today0.75
ADR(20)1.81
ADR(20)%1.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.74
Mansfield0.83
10 Day High142.8
10 Day Low133.3
20 Day High142.8
20 Day Low131.6
52 Week High142.8
52 Week Low99.95
CS1 End137.12
CR1 Start140.61
Volume & EV
DER(3)6.78%
DER(5)5.83%
Volume111.59K
Volume Incr-15.13%
Vol(5)547.92K
Vol(50)712.12K