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JAREN SPAREBANK (JAREN.OL) Stock Technical Analysis

OSL:JAREN - Euronext Oslo - NO0010359433 - Common Stock - Currency: NOK

358  0 (0%)

Technical Rating and Analysis

9

Overall JAREN gets a technical rating of 9 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

JAREN is part of the Banks industry. There are 99 other stocks in this industry, of which 63% are performing better than JAREN.
Warning: JAREN has an average volume of 508 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.
Looking at the yearly performance, JAREN did better than 81% of all other stocks. On top of that, JAREN also shows a nice and consistent pattern of rising prices.
JAREN is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month JAREN has a been trading in a tight range between 350.05 and 367.00.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
JAREN SPAREBANK / JAREN Weekly stock chart
JAREN SPAREBANK / JAREN Daily stock chart
Setup Rating and Analysis

8

JAREN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 367.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 357.99, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

293.04

370.68

We found 2 important support areas.

  • A support zone ranging from 336.84 to 357.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @296.00 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 367.01 to 367.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS81.79
Mansfield1.31
10 Day High366
10 Day Low350.05
20 Day High367
20 Day Low350.05
52 Week High367
52 Week Low260
Performance
1 Week-0.56%
2 Weeks-2.45%
1 Month-0.28%
3 Month11.18%
6 Month17.92%
12 Month32.59%
2 Year43.2%
3 Year35.61%
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)-1.43
RSI(14)52.12
LBB352.02
UBB369
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
367.02350.0416.98 (4.63%)21.61%
An entry @367.02. This is a Buy Stop order right above the resistance zone.An exit @350.04. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 16.98 points, which is 4.63%.When investing 21.61% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
JAREN SPAREBANK / JAREN Daily stock chart

JAREN SPAREBANK

OSL:JAREN (3/7/2025, 7:00:00 PM)

358

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0%
1 Week-0.56%
2 Weeks-2.45%
1 Month-0.28%
3 Month11.18%
6 Month17.92%
12 Month32.59%
2 Year43.2%
3 Year35.61%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.55
ATR(20)%1.52%
ATR Inc-31.25%
Range Today1.15
ADR(20)4.6
ADR(20)%1.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.79
Mansfield1.31
10 Day High366
10 Day Low350.05
20 Day High367
20 Day Low350.05
52 Week High367
52 Week Low260
CS1 End357.99
CR1 Start367.01
Volume & EV
DER(3)0%
DER(5)0%
Volume141
Volume Incr-65.81%
Vol(5)179.4
Vol(50)508.56