PARETO BANK ASA (PARB.OL) Stock Technical Analysis
OSL:PARB - Euronext Oslo - NO0010397581 - Common Stock - Currency: NOK
Overall PARB gets a technical rating of 4 out of 10. PARB was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
PARB is one of the lesser performing stocks in the Banks industry. 63% of 95 stocks in the same industry do better.
Warning: PARB has an average volume of 25647 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, PARB did better than 76% of all other stocks. We also observe that the gains produced by PARB over the past year are nicely spread over this period.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
PARB 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 PARB has a been trading in the 66.20 - 81.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PARB has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
63.36
81.41
When analyzing the support we can see 4 important areas.
- Support @70.80 from a trend line in the weekly time frame.
- A support zone ranging from 68.40 to 69.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @66.50 from a horizontal line in the daily time frame.
- A support zone ranging from 64.00 to 64.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 72.31 to 72.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 73.60 to 75.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 79.80 to 80.60. 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
CRS76.57
Mansfield1.01
10 Day High75.9
10 Day Low68.8
20 Day High81.4
20 Day Low66.2
52 Week High81.4
52 Week Low56.6
Performance
1 Week-2.04%
2 Weeks-1.5%
1 Month-8.75%
3 Month3.6%
6 Month7.46%
12 Month21.01%
2 Year38.73%
3 Year31.63%
5 Year139.2%
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)-0.18
RSI(14)44.32
LBB67.44
UBB77.81
OSL:PARB (4/25/2025, 7:00:00 PM)
72
-0.6 (-0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.83%
1 Week-2.04%
2 Weeks-1.5%
1 Month-8.75%
3 Month3.6%
6 Month7.46%
12 Month21.01%
2 Year38.73%
3 Year31.63%
5 Year139.2%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.46
ATR(20)%3.99%
ATR Inc-54.79%
Range Today1.4
ADR(20)2.24
ADR(20)%3.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.57
Mansfield1.01
10 Day High75.9
10 Day Low68.8
20 Day High81.4
20 Day Low66.2
52 Week High81.4
52 Week Low56.6
CS1 End70.8
CR1 Start72.31
Volume & EV
DER(3)0.1%
DER(5)0.06%
Volume34.52K
Volume Incr-25.05%
Vol(5)19.67K
Vol(50)25.65K