TROENDELAG SPA (TRSB.OL) Stock Technical Analysis
OSL:TRSB - Euronext Oslo - NO0010788268 - Common Stock - Currency: NOK
We assign a technical rating of 4 out of 10 to TRSB. TRSB has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
100% of all other stocks performed better in the past year than TRSB.
TRSB is part of the Banks industry. There are 92 other stocks in this industry, of which 87% are performing better than TRSB.
Warning: TRSB has an average volume of 1807 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month TRSB has a been trading in the 108.02 - 120.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
TRSB has an average technical rating and it also 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
113.36
124.01
We can see 2 important resistance areas.
- 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 | UP | POSITIVE | The short term trend for TRSB.OL is up. |
| 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) | UP | POSITIVE | The current price of TRSB.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TRSB.OL is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 50.01 | NEUTRAL | The RSI value for TRSB.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.43 | POSITIVE | The MACD value suggests TRSB.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.67 | NEUTRAL | The Stochastics value for TRSB.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.9 | LOW VOLATILITY | The low ATR as a percentage value for TRSB.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 20.12 | NEUTRAL | The ADX value for TRSB.OL suggests a possible start of a new 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 (5/28/2025, 7:00:00 PM)
114.5
-5.5 (-4.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-4.58%
1 Week-0.43%
2 Weeks-0.45%
1 Month8.53%
3 Month-0.87%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.36
ATR(20)%1.9%
ATR Inc35.95%
Range Today0
ADR(20)0.84
ADR(20)%0.74%
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 High120
10 Day Low112.5
20 Day High120
20 Day Low108.02
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start119.98
Volume & EV
DER(3)0%
DER(5)0%
Volume204
Volume Incr-81.26%
Vol(5)326
Vol(50)1.81K