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SPAREBANK 1 SMN (MING.OL) Stock Technical Analysis

OSL:MING - Euronext Oslo - NO0006390301 - Common Stock - Currency: NOK

180.22  +0.56 (+0.31%)

Technical Rating and Analysis

8

Taking everything into account, MING scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, MING has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that MING is one of the better performing stocks in the market, outperforming 78% of all stocks. We also observe that the gains produced by MING over the past year are nicely spread over this period.
MING is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so MING slightly outperforms the market at the moment.
In the last month MING has a been trading in the 159.44 - 185.30 range, which is quite wide. It is currently trading near the high of this range.
MING is an average performer in the Banks industry, it outperforms 40% of 95 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
SPAREBANK 1 SMN / MING Weekly stock chart
SPAREBANK 1 SMN / MING Daily stock chart
Setup Rating and Analysis

6

MING has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 180.10, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

160.58

185.84

We found 4 important support areas.

  • A support zone ranging from 175.60 to 180.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 171.53 to 172.51. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • A support zone ranging from 165.34 to 167.32. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @162.20 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • Resistance @184.00 from a horizontal line in the daily 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
CRS78.84
Mansfield1.27
10 Day High181.12
10 Day Low164.5
20 Day High185.3
20 Day Low159.44
52 Week High191
52 Week Low140.84
Performance
1 Week1.45%
2 Weeks6.71%
1 Month-0.21%
3 Month0.78%
6 Month9.46%
12 Month26.92%
2 Year30.78%
3 Year36.32%
5 Year140.61%
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)0.87
RSI(14)54.24
LBB165.59
UBB183.61
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
184.01175.598.42 (4.58%)21.85%
An entry @184.01. This is a Buy Stop order right above the resistance zone.An exit @175.59. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 8.42 points, which is 4.58%.When investing 21.85% 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.
SPAREBANK 1 SMN / MING Daily stock chart

SPAREBANK 1 SMN

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

180.22

+0.56 (+0.31%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.31%
1 Week1.45%
2 Weeks6.71%
1 Month-0.21%
3 Month0.78%
6 Month9.46%
12 Month26.92%
2 Year30.78%
3 Year36.32%
5 Year140.61%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.55
ATR(20)%2.23%
ATR Inc-55.41%
Range Today2.22
ADR(20)3.58
ADR(20)%1.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.84
Mansfield1.27
10 Day High181.12
10 Day Low164.5
20 Day High185.3
20 Day Low159.44
52 Week High191
52 Week Low140.84
CS1 End180.1
CR1 Start184
Volume & EV
DER(3)-8.93%
DER(5)-9.05%
Volume82.71K
Volume Incr-52.2%
Vol(5)90.44K
Vol(50)153.44K