STOREBRAND ASA (STB.OL) Stock Technical Analysis
Europe - OSL:STB - NO0003053605 - Common Stock
We assign a technical rating of 9 out of 10 to STB. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, STB is showing a nice and steady performance.
Besides having an excellent technical rating, STB also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 158.94, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
130.40
We found 4 important support areas.
- A support zone ranging from 158.26 to 159.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 148.89 to 149.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @145.50 from a horizontal line in the daily time frame.
- Support @131.72 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @162.21 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 | 71.43 | POSITIVE | STB.OL has a high relative strength, it outperformed 71.43% 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) | 55.26 | NEUTRAL | The RSI value for STB.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests STB.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.49 | OVERBOUGHT | The high Stochastics value suggests STB.OL may be overbought. |
| Average True Range in percent/ATR (20) | 1.61 | LOW VOLATILITY | The low ATR as a percentage value for STB.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 15.04 | NEGATIVE | The low ADX value for STB.OL suggests a weak or negative 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 |
|---|---|---|---|
| 159.62 | 158.25 | 1.37 (0.86%) | 25.00% |
| An entry @159.62. This is a Buy Stop order right above the resistance zone. | An exit @158.25. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.37 points, which is 0.86%. | For a 0.21% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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 (11/14/2025, 7:00:00 PM)
159.9
-2.3 (-1.42%)
STOREBRAND ASA / STB.OL FAQ
What is the technical rating for STB stock?
ChartMill assigns a technical rating of 9 / 10 to STB.OL.
Can you provide the trend direction for STOREBRAND ASA?
The current trend direction for STOREBRAND ASA (STB.OL) is Bullish.
What is the RSI signal for STOREBRAND ASA (STB.OL) stock?
STOREBRAND ASA (STB.OL) has an RSI value of 55.2601. This indicates that the stock is currently neutral.
What is the MACD signal for STB stock?
The MACD indicator for STOREBRAND ASA (STB.OL) has a value of 0.104478, indicating a bearish trend.
Can you provide the support and resistance levels for STOREBRAND ASA?
STOREBRAND ASA (STB.OL) has a support level at 158.94 and a resistance level at 159.61. Check the full technical report for our detailed analysis of STB.OL support and resistance levels.