TROENDELAG SPA (TRSB.OL) Stock Technical Analysis
OSL:TRSB - NO0010788268 - Common Stock
115 NOK
-1.98 (-1.69%)
Taking everything into account, TRSB scores 3 out of 10 in our technical rating. TRSB performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, TRSB is a bad performer in the overall market: 100% of all stocks are doing better.
TRSB is part of the Banks industry. There are 89 other stocks in this industry, of which 93% are performing better than TRSB.
Warning: TRSB has an average volume of 1041 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
In the last month TRSB has a been trading in a tight range between 113.00 and 119.00.
Volume is considerably higher in the last couple of days.
TRSB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. 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
112.76
124.01
When analyzing the support we notice one important area.
- A support zone ranging from 113.90 to 114.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 115.32 to 116.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 119.98 to 120.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @122.78 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 TRSB.OL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TRSB.OL is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | TRSB.OL has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TRSB.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TRSB.OL is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 46.74 | NEUTRAL | The RSI value for TRSB.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests TRSB.OL has a negative trend. |
| Stochastics (14,3) | 57.56 | NEUTRAL | The Stochastics value for TRSB.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.45 | LOW VOLATILITY | The low ATR as a percentage value for TRSB.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 11.29 | NEGATIVE | The low ADX value for TRSB.OL suggests a weak or negative 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:TRSB (9/2/2025, 7:00:00 PM)
115
-1.98 (-1.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.69%
1 Week0.88%
2 Weeks1.14%
1 Month-2.77%
3 Month-1.69%
6 Month0.74%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.8
ATR(20)%1.45%
ATR Inc-18.74%
Range Today2.4
ADR(20)0.72
ADR(20)%0.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High119
10 Day Low113
20 Day High119
20 Day Low113
52 Week HighN/A
52 Week LowN/A
CS1 End114.86
CR1 Start115.32
Volume & EV
DER(3)0%
DER(5)0%
Volume15.42K
Volume Incr554.73%
Vol(5)3.52K
Vol(50)1.04K