SPAREBANK 1 NORDMOERE (SNOR.OL) Stock Technical Analysis
OSL:SNOR - Euronext Oslo - NO0010691660 - Common Stock - Currency: NOK
Taking everything into account, SNOR scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, SNOR has proven to be a steady performer, scoring decent points in every aspect analyzed.
SNOR is one of the lesser performing stocks in the Banks industry. 60% of 99 stocks in the same industry do better.
Warning: SNOR has an average volume of 2025 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, SNOR did better than 84% of all other stocks. On top of that, SNOR also shows a nice and consistent pattern of rising prices.
SNOR is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month SNOR has a been trading in the 157.54 - 167.98 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.
Considerably lower volume is observed in the last couple of days.
SNOR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 165.81. Right above this resistance zone may be a good entry point.
More info and screens
116.82
168.66
When analyzing the support we can see 5 important areas.
- A support zone ranging from 163.49 to 164.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 154.44 to 155.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @142.29 from a horizontal line in the daily time frame.
- Support @122.00 from a horizontal line in the weekly time frame.
- Support @118.00 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 165.81 to 166.99. 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
CRS84.37
Mansfield2.04
10 Day High166.02
10 Day Low162.08
20 Day High167.98
20 Day Low157.54
52 Week High167.98
52 Week Low116
Performance
1 Week-0.49%
2 Weeks-0.43%
1 Month-0.6%
3 Month15.45%
6 Month29.89%
12 Month34.13%
2 Year35.23%
3 Year19.55%
5 Year49.98%
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)-0.56
RSI(14)56.94
LBB159.73
UBB167.69
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 |
|---|---|---|---|
| 167.00 | 163.48 | 3.52 (2.11%) | 25.00% |
| An entry @167.00. This is a Buy Stop order right above the resistance zone. | An exit @163.48. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.52 points, which is 2.11%. | For a 0.53% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SNOR. Please evaluate whether better entry and exit points can be found.
- 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:SNOR (3/7/2025, 7:00:00 PM)
164.98
+1.98 (+1.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.21%
1 Week-0.49%
2 Weeks-0.43%
1 Month-0.6%
3 Month15.45%
6 Month29.89%
12 Month34.13%
2 Year35.23%
3 Year19.55%
5 Year49.98%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.78
ATR(20)%1.97%
ATR Inc-32.39%
Range Today1.58
ADR(20)2.62
ADR(20)%1.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.37
Mansfield2.04
10 Day High166.02
10 Day Low162.08
20 Day High167.98
20 Day Low157.54
52 Week High167.98
52 Week Low116
CS1 End164.97
CR1 Start165.81
Volume & EV
DER(3)0%
DER(5)0%
Volume330
Volume Incr-29.53%
Vol(5)1.01K
Vol(50)2.03K