SPAREBANKEN MORE-CAP CERT (MORG.OL) Stock Technical Analysis
OSL:MORG - Euronext Oslo - NO0012483207 - Common Stock - Currency: NOK
Overall MORG gets a technical rating of 5 out of 10. MORG has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
MORG is part of the Banks industry. There are 99 other stocks in this industry, of which 77% are performing better than MORG.
Warning: MORG has an average volume of 17297 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.
MORG 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 MORG slightly outperforms the market at the moment.
In the last month MORG has a been trading in the 96.00 - 101.88 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the performance of all stocks over the past year, MORG turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
MORG has only a medium 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 100.08. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 99.51, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
81.09
102.52
4 important support areas can be observed.
- A support zone ranging from 96.00 to 99.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @93.57 from a horizontal line in the daily time frame.
- A support zone ranging from 86.58 to 87.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 81.91 to 82.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 100.08 to 101.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.9
Mansfield1.01
10 Day High101.5
10 Day Low96
20 Day High101.88
20 Day Low96
52 Week High101.88
52 Week Low80.66
Performance
1 Week2.93%
2 Weeks-0.08%
1 Month0%
3 Month8.11%
6 Month19.05%
12 Month14.16%
2 Year28.62%
3 Year11.98%
5 Year-61.09%
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)-0.42
RSI(14)54.87
LBB95.61
UBB102.82
OSL:MORG (3/7/2025, 7:00:00 PM)
100
+3.14 (+3.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg3.24%
1 Week2.93%
2 Weeks-0.08%
1 Month0%
3 Month8.11%
6 Month19.05%
12 Month14.16%
2 Year28.62%
3 Year11.98%
5 Year-61.09%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.34
ATR(20)%2.23%
ATR Inc7.51%
Range Today3.16
ADR(20)2.13
ADR(20)%2.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.9
Mansfield1.01
10 Day High101.5
10 Day Low96
20 Day High101.88
20 Day Low96
52 Week High101.88
52 Week Low80.66
CS1 End99.51
CR1 Start100.08
Volume & EV
DER(3)-0.01%
DER(5)0.19%
Volume26.43K
Volume Incr-22.14%
Vol(5)15.80K
Vol(50)17.30K