Logo image of MORG.OL

SPAREBANKEN MORE-CAP CERT (MORG.OL) Stock Technical Analysis

OSL:MORG - Euronext Oslo - NO0012483207 - Common Stock - Currency: NOK

98.75  +1.77 (+1.83%)

Technical Rating and Analysis

4

Taking everything into account, MORG scores 4 out of 10 in our technical rating. In the last year, MORG was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.

MORG is one of the lesser performing stocks in the Banks industry. 69% of 95 stocks in the same industry do better.
Warning: MORG has an average volume of 15339 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that MORG is one of the better performing stocks in the market, outperforming 73% of all stocks. On top of that, MORG also shows a nice and consistent pattern of rising prices.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
MORG is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month MORG has a been trading in the 88.00 - 105.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
SPAREBANKEN MORE-CAP CERT / MORG Weekly stock chart
SPAREBANKEN MORE-CAP CERT / MORG Daily stock chart
Setup Rating and Analysis

6

MORG has only a medium technical rating, but it does show 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 94.50, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

83.35

106.39

We found 3 important support areas.

  • A support zone ranging from 93.57 to 94.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @87.98 from a trend line in the weekly time frame.
  • Support @84.19 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 104.46 to 105.34. 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
CRS73.7
Mansfield1.25
10 Day High99.98
10 Day Low88
20 Day High105.28
20 Day Low88
52 Week High106.98
52 Week Low80.66
Performance
1 Week1.37%
2 Weeks-0.5%
1 Month-3.66%
3 Month4.38%
6 Month11.96%
12 Month15.61%
2 Year29.61%
3 Year23.07%
5 Year-65.23%
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)-0.09
RSI(14)49.72
LBB93.35
UBB101.37
SPAREBANKEN MORE-CAP CERT / MORG Daily stock chart

SPAREBANKEN MORE-CAP CERT

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

98.75

+1.77 (+1.83%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.83%
1 Week1.37%
2 Weeks-0.5%
1 Month-3.66%
3 Month4.38%
6 Month11.96%
12 Month15.61%
2 Year29.61%
3 Year23.07%
5 Year-65.23%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.44
ATR(20)%3.03%
ATR Inc-47.46%
Range Today1.56
ADR(20)2.75
ADR(20)%2.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.7
Mansfield1.25
10 Day High99.98
10 Day Low88
20 Day High105.28
20 Day Low88
52 Week High106.98
52 Week Low80.66
CS1 End94.5
CR1 Start104.46
Volume & EV
DER(3)-0.08%
DER(5)-0.06%
Volume20.87K
Volume Incr-27.72%
Vol(5)11.92K
Vol(50)15.34K