VEKSELBANKEN (VVL.OL) Stock Technical Analysis
OSL:VVL - Euronext Oslo - NO0003025009 - Common Stock - Currency: NOK
Taking everything into account, VVL scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VVL is showing a nice and steady performance.
Warning: VVL has an average volume of 367 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.
Looking at the yearly performance, VVL did better than 90% of all other stocks. On top of that, VVL also shows a nice and consistent pattern of rising prices.
VVL is one of the better performing stocks in the Banks industry, it outperforms 77% of 97 stocks in the same industry.
VVL is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so VVL is leading the market.
In the last month VVL has a been trading in the 358.00 - 386.00 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
VVL has an excellent technical rating, but the quality of the setup is only medium 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
302.42
383.80
We found 5 important support areas.
- A support zone ranging from 370.26 to 375.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 356.00 to 362.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @349.64 from a trend line in the daily time frame.
- Support @329.99 from a horizontal line in the daily time frame.
- Support @305.47 from a trend line in the weekly 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 VVL.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VVL.OL is up. |
| ChartMill Relative Strength | 90.64 | POSITIVE | VVL.OL has a high relative strength, it outperformed 90.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VVL.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VVL.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VVL.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.09 | NEUTRAL | The RSI value for VVL.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.99 | POSITIVE | The MACD value suggests VVL.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.78 | NEUTRAL | The Stochastics value for VVL.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.47 | LOW VOLATILITY | The low ATR as a percentage value for VVL.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 13.94 | NEGATIVE | The low ADX value for VVL.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:VVL (6/20/2025, 7:00:00 PM)
380
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0%
1 Week2.15%
2 Weeks1.6%
1 Month4.4%
3 Month6.15%
6 Month22.58%
12 Month52%
2 Year71.17%
3 Year62.39%
5 Year156.76%
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.43
ATR(20)%1.47%
ATR Inc-65%
Range Today2
ADR(20)4.5
ADR(20)%1.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.64
Mansfield1.58
10 Day High386
10 Day Low362
20 Day High386
20 Day Low358
52 Week High386
52 Week Low250
CS1 End375.2
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume333
Volume Incr105.64%
Vol(5)521.6
Vol(50)367.34