STOREBRAND ASA (STB.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:STB - NO0003053605 - Common Stock
Overall STB gets a technical rating of 10 out of 10. 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.
Although STB has an excellent technical rating, it does not offer a high quality setup 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
133.07
We found 4 important support areas.
- A support zone ranging from 156.90 to 160.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @153.10 from a horizontal line in the daily time frame.
- 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 @134.41 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 171.81 to 171.81. 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 | 83.35 | POSITIVE | STB.OL has a high relative strength, it outperformed 83.35% 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) | 76.83 | OVERBOUGHT | The high RSI value suggests STB.OL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.96 | POSITIVE | The MACD value suggests STB.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 97.35 | OVERBOUGHT | The high Stochastics value suggests STB.OL may be overbought. |
| Average True Range in percent/ATR (20) | 1.25 | LOW VOLATILITY | The low ATR as a percentage value for STB.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 29.57 | POSITIVE | The high ADX value value for STB.OL suggests a strong trend. |
OSL:STB (12/23/2025, 7:00:00 PM)
171.8
+0.8 (+0.47%)
STOREBRAND ASA / STB.OL FAQ
What is the technical rating for STB stock?
ChartMill assigns a technical rating of 10 / 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 76.8344. This indicates that the stock is currently overbought.
What is the MACD signal for STB stock?
The MACD indicator for STOREBRAND ASA (STB.OL) has a value of 0.958648, indicating a bearish trend.
Can you provide the support and resistance levels for STOREBRAND ASA?
STOREBRAND ASA (STB.OL) has a support level at 160.64 and a resistance level at 171.81. Check the full technical report for our detailed analysis of STB.OL support and resistance levels.