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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, STB did better than 86% of all other stocks. We also observe that the gains produced by STB over the past year are nicely spread over this period.
STB is part of the Insurance industry. There are 37 other stocks in this industry. STB outperforms 75% of them.
A new 52 week high is currently being made by STB, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month STB has a been trading in the 138.10 - 149.10 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, STB also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 144.40, a Stop Loss order could be placed below this zone.
More info and screens
116.42
149.88
When analyzing the support we can see 6 important areas.
- A support zone ranging from 146.90 to 147.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 142.98 to 144.40. 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 138.50 to 138.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @123.21 from a trend line in the weekly time frame.
- A support zone ranging from 121.00 to 121.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @117.60 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 STB.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STB.OL is up. |
| ChartMill Relative Strength | 86.13 | POSITIVE | STB.OL has a high relative strength, it outperformed 86.13% 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) | 64.7 | NEUTRAL | The RSI value for STB.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests STB.OL has a negative trend. |
| Stochastics (14,3) | 87.34 | 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) | 34.72 | POSITIVE | The high ADX value value for STB.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)
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 |
|---|---|---|---|
| 147.92 | 144.59 | 3.33 (2.25%) | 25.00% |
| An entry @147.92. This is a Buy Stop order right above the resistance zone. | An exit @144.59. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.33 points, which is 2.25%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.56%. |
- The distance between exit and entry is rather small compared to the average daily movement of STB. 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:STB (7/28/2025, 4:19:55 PM)
148.4
+1.2 (+0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.82%
1 Week-0.27%
2 Weeks0.62%
1 Month4.69%
3 Month20.66%
6 Month13.06%
12 Month36.55%
2 Year66.07%
3 Year82.59%
5 Year197.86%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.27
ATR(20)%1.43%
ATR Inc-25.72%
Range Today1.4
ADR(20)1.85
ADR(20)%1.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.13
Mansfield0.73
10 Day High149.1
10 Day Low144.6
20 Day High149.1
20 Day Low138.1
52 Week High149.1
52 Week Low99.95
CS1 End144.4
CR1 Start147.61
Volume & EV
DER(3)-2.58%
DER(5)-2.12%
Volume142.26K
Volume Incr-39.94%
Vol(5)420.77K
Vol(50)656.29K