SPAREBANK 1 NORD-NORGE (NONG.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:NONG - NO0006000801 - Common Stock
We assign a technical rating of 8 out of 10 to NONG. Although NONG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
NONG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 146.58, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NONG in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
133.24
When analyzing the support we can see 3 important areas.
- A support zone ranging from 144.90 to 146.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 138.18 to 142.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 134.59 to 136.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @150.39 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for NONG.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NONG.OL is up. |
| ChartMill Relative Strength | 66.92 | NEUTRAL | NONG.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NONG.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NONG.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NONG.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.4 | NEUTRAL | The RSI value for NONG.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests NONG.OL has a positive trend. |
| Stochastics (14,3) | 81.78 | OVERBOUGHT | The high Stochastics value suggests NONG.OL may be overbought. |
| Average True Range in percent/ATR (20) | 1.46 | LOW VOLATILITY | The low ATR as a percentage value for NONG.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 13.71 | NEGATIVE | The low ADX value for NONG.OL suggests a weak or negative trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 150.40 | 144.89 | 5.51 (3.66%) | 25.00% |
| An entry @150.40. This is a Buy Stop order right above the resistance zone. | An exit @144.89. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.51 points, which is 3.66%. | For a 0.92% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
OSL:NONG (12/19/2025, 7:00:00 PM)
148.44
+1.94 (+1.32%)
SPAREBANK 1 NORD-NORGE / NONG.OL FAQ
What is the ChartMill technical rating of SPAREBANK 1 NORD-NORGE (NONG.OL) stock?
ChartMill assigns a technical rating of 8 / 10 to NONG.OL.
What is the current trend direction of SPAREBANK 1 NORD-NORGE (NONG.OL) stock?
The current trend direction for SPAREBANK 1 NORD-NORGE (NONG.OL) is Bullish.
Can you provide the RSI signal for SPAREBANK 1 NORD-NORGE?
SPAREBANK 1 NORD-NORGE (NONG.OL) has an RSI value of 64.4011. This indicates that the stock is currently neutral.
What is the short term momentum for SPAREBANK 1 NORD-NORGE (NONG.OL) stock?
The short term momentum for SPAREBANK 1 NORD-NORGE (NONG.OL) is positive.
What is the buy/sell signal for NONG stock?
The buy/sell signal for SPAREBANK 1 NORD-NORGE (NONG.OL) is buy as both the short term and long term trends are positive.