TROENDELAG SPA (TRSB.OL) Technical Analysis
OSL:TRSB • NO0010788268
Current stock price
TRSB.OL Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to TRSB. TRSB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- TRSB is one of the lesser performing stocks in the Banks industry. 71% of 111 stocks in the same industry do better.
- In the last month TRSB has a been trading in the 109.80 - 116.90 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- Warning: TRSB has an average volume of 608 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When compared to the yearly performance of all other stocks, TRSB outperforms 42% of them, which is more or less in line with the market.
- TRSB is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TRSB is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
TRSB.OL Weekly and Daily overview Charts
TRSB.OL Setup Rating and Analysis
Although the technical rating is bad, TRSB does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 111.30, 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
TRSB.OL Support and Resistance Analysis
104.96
2 important support areas can be observed.
- A support zone ranging from 110.50 to 111.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 106.02 to 106.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 112.73 to 116.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 118.98 to 120.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
TRSB.OL Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for TRSB.OL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TRSB.OL is neutral. |
| ChartMill Relative Strength | 42.96 | NEUTRAL | TRSB.OL is not amongst the best or worst performers 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) | 47.37 | NEUTRAL | The RSI value for TRSB.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests TRSB.OL has a negative trend. |
| Stochastics (14,3) | 42.8 | NEUTRAL | The Stochastics value for TRSB.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.89 | LOW VOLATILITY | The low ATR as a percentage value for TRSB.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 11.97 | NEGATIVE | The low ADX value for TRSB.OL suggests a weak or negative trend. |
TRSB.OL Chart- and CandleStick Pattern Analysis
TRSB.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:TRSB (3/30/2026, 7:00:00 PM)
112.2
+2.4 (+2.19%)
TROENDELAG SPA / TRSB.OL TA FAQ
Can you provide the ChartMill technical rating for TROENDELAG SPA?
ChartMill assigns a technical rating of 3 / 10 to TRSB.OL.
Can you provide the trend direction for TROENDELAG SPA?
The current trend direction for TROENDELAG SPA (TRSB.OL) is Bearish.
Can you provide the RSI signal for TROENDELAG SPA?
TROENDELAG SPA (TRSB.OL) has an RSI value of 47.3745. This indicates that the stock is currently neutral.
What is the short term momentum for TRSB stock?
The short term momentum for TROENDELAG SPA (TRSB.OL) is neutral.