STOREBRAND ASA (STB.OL) Stock Technical Analysis
Europe • Euronext Oslo • OSL:STB • NO0003053605
Overall STB gets a technical rating of 8 out of 10. In the last year, STB was one of the better performers, but we do observe some doubts in the very recent evolution.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, STB did better than 70% of all other stocks. On top of that, STB also shows a nice and consistent pattern of rising prices.
- STB is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- STB is part of the Insurance industry. There are 47 other stocks in this industry, STB did better than 63% of them.
- In the last month STB has a been trading in a tight range between 166.20 and 173.90.
STB has an excellent technical rating and 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 168.49, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
135.29
We found 6 important support areas.
- A support zone ranging from 165.63 to 168.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @162.18 from a trend line in the daily time frame.
- Support @157.30 from a horizontal line in the daily time frame.
- Support @153.10 from a horizontal line in the daily time frame.
- Support @148.89 from a horizontal line in the daily time frame.
- Support @136.66 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 169.68 to 173.01. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for STB.OL is neutral. |
| ChartMill Relative Strength | 70.05 | POSITIVE | STB.OL has a high relative strength, it outperformed 70.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of STB.OL is below a declining 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) | 48.77 | NEUTRAL | The RSI value for STB.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.66 | NEGATIVE | The MACD value suggests STB.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.44 | NEUTRAL | The Stochastics value for STB.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.63 | LOW VOLATILITY | The low ATR as a percentage value for STB.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 15.18 | 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 |
|---|---|---|---|
| 169.69 | 166.19 | 3.50 (2.06%) | 25.00% |
| An entry @169.69. This is a Buy Stop order right above the 10 day moving average. | An exit @166.19. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.50 points, which is 2.06%. | For a 0.52% 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 (1/30/2026, 7:00:00 PM)
168.5
+0.5 (+0.3%)
STOREBRAND ASA / STB.OL FAQ
What is the technical rating for STB stock?
ChartMill assigns a technical rating of 8 / 10 to STB.OL.
What is the current trend direction of STOREBRAND ASA (STB.OL) stock?
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 48.7658. This indicates that the stock is currently neutral.
Can you provide the short term momentum for STOREBRAND ASA?
The short term momentum for STOREBRAND ASA (STB.OL) is neutral.