Logo image of HGSB.OL

HAUGESUND SPAREBANK (HGSB.OL) Stock Technical Analysis

OSL:HGSB - Euronext Oslo - NO0010764053 - Common Stock - Currency: NOK

162.48  +2.48 (+1.55%)

Technical Rating and Analysis

2

Taking everything into account, HGSB scores 2 out of 10 in our technical rating. HGSB was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.

100% of all other stocks performed better in the past year than HGSB.
HGSB is part of the Banks industry. There are 97 other stocks in this industry, of which 85% are performing better than HGSB.
HGSB is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: HGSB has an average volume of 781 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
HAUGESUND SPAREBANK / HGSB Weekly stock chart
HAUGESUND SPAREBANK / HGSB Daily stock chart
Setup Rating and Analysis

7

HGSB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 162.49. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 159.40, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

153.02

179.77

We found 1 important support area.

  • A support zone ranging from 154.57 to 159.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 162.49 to 168.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @177.99 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
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 High165
10 Day Low149.98
20 Day High178
20 Day Low149.98
52 Week HighN/A
52 Week LowN/A
Performance
1 Week-1.53%
2 Weeks-1.54%
1 Month-8.71%
3 Month4.83%
6 Month17.57%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.72
RSI(14)46.78
LBB149.98
UBB175.51
HAUGESUND SPAREBANK / HGSB Daily stock chart

HAUGESUND SPAREBANK

OSL:HGSB (4/25/2025, 7:00:00 PM)

162.48

+2.48 (+1.55%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.55%
1 Week-1.53%
2 Weeks-1.54%
1 Month-8.71%
3 Month4.83%
6 Month17.57%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.28
ATR(20)%3.17%
ATR Inc-1.54%
Range Today0
ADR(20)3.8
ADR(20)%2.34%
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 High165
10 Day Low149.98
20 Day High178
20 Day Low149.98
52 Week HighN/A
52 Week LowN/A
CS1 End159.4
CR1 Start162.49
Volume & EV
DER(3)0%
DER(5)0%
Volume2
Volume Incr-70.68%
Vol(5)215
Vol(50)781.94