SPAREBANK 1 NORDMOERE (SNOR.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:SNOR - NO0010691660 - Common Stock
Overall SNOR gets a technical rating of 7 out of 10. Although SNOR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, SNOR also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 174.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 171.28, 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
156.45
3 important support areas can be observed.
- A support zone ranging from 166.02 to 171.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 162.00 to 162.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 158.03 to 158.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 174.00 to 174.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @176.97 from a horizontal line in the daily 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 SNOR.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SNOR.OL is up. |
| ChartMill Relative Strength | 68.2 | NEUTRAL | SNOR.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SNOR.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SNOR.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SNOR.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.37 | NEUTRAL | The RSI value for SNOR.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.53 | POSITIVE | The MACD value suggests SNOR.OL has a positive trend. |
| Stochastics (14,3) | 81.43 | OVERBOUGHT | The high Stochastics value suggests SNOR.OL may be overbought. |
| Average True Range in percent/ATR (20) | 1.51 | LOW VOLATILITY | The low ATR as a percentage value for SNOR.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 10.29 | NEGATIVE | The low ADX value for SNOR.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 |
|---|---|---|---|
| 174.02 | 166.37 | 7.65 (4.40%) | 22.75% |
| An entry @174.02. This is a Buy Stop order right above the resistance zone. | An exit @166.37. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 7.65 points, which is 4.40%. | When investing 22.75% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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 (12/12/2025, 7:00:00 PM)
174
+3 (+1.75%)
SPAREBANK 1 NORDMOERE / SNOR.OL FAQ
What is the technical rating for SNOR stock?
ChartMill assigns a technical rating of 7 / 10 to SNOR.OL.
What is the trend direction for SNOR stock?
The current trend direction for SPAREBANK 1 NORDMOERE (SNOR.OL) is Bullish.
What is the RSI signal for SNOR stock?
SPAREBANK 1 NORDMOERE (SNOR.OL) has an RSI value of 56.3659. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SPAREBANK 1 NORDMOERE?
The short term momentum for SPAREBANK 1 NORDMOERE (SNOR.OL) is positive.
Can you provide the buy/sell signal for SPAREBANK 1 NORDMOERE?
The buy/sell signal for SPAREBANK 1 NORDMOERE (SNOR.OL) is buy as both the short term and long term trends are positive.