Logo image of SOAG.OL

SPAREBANK 1 OSTFOLD AKERSHUS (SOAG.OL) Stock Technical Analysis

OSL:SOAG - Euronext Oslo - NO0010285562 - Common Stock - Currency: NOK

398.65  -37.35 (-8.57%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to SOAG. In the last year, SOAG was one of the better performers, but we do observe some doubts in the very recent evolution.

SOAG is part of the Banks industry. There are 99 other stocks in this industry, of which 74% are performing better than SOAG.
In the last month SOAG has a been trading in the 398.65 - 443.00 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: SOAG has an average volume of 256 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, SOAG did better than 72% of all other stocks. We also observe that the gains produced by SOAG over the past year are nicely spread over this period.
SOAG is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so SOAG slightly outperforms the market at the moment.
Weekly and Daily overview Charts
SPAREBANK 1 OSTFOLD AKERSHUS / SOAG Weekly stock chart
SPAREBANK 1 OSTFOLD AKERSHUS / SOAG Daily stock chart
Setup Rating and Analysis

2

Although SOAG has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

353.39

444.41

We found 3 important support areas.

  • Support @396.00 from a trend line in the daily time frame.
  • A support zone ranging from 368.79 to 375.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @356.96 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 426.27 to 430.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 438.00 to 440.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
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
CRS72.19
Mansfield0.75
10 Day High443
10 Day Low398.65
20 Day High443
20 Day Low398.65
52 Week High443
52 Week Low318
Performance
1 Week-6.2%
2 Weeks-7.29%
1 Month-4.63%
3 Month8.09%
6 Month10.43%
12 Month20.8%
2 Year26.16%
3 Year7.74%
5 Year89.83%
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)-3.16
RSI(14)40.39
LBB409.06
UBB446.76
SPAREBANK 1 OSTFOLD AKERSHUS / SOAG Daily stock chart

SPAREBANK 1 OSTFOLD AKERSHUS

OSL:SOAG (3/7/2025, 7:00:00 PM)

398.65

-37.35 (-8.57%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-8.57%
1 Week-6.2%
2 Weeks-7.29%
1 Month-4.63%
3 Month8.09%
6 Month10.43%
12 Month20.8%
2 Year26.16%
3 Year7.74%
5 Year89.83%
10 YearN/A
15 YearN/A
Volatility
ATR(14)10.66
ATR(20)%2.9%
ATR Inc239.74%
Range Today43.35
ADR(20)9.27
ADR(20)%2.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.19
Mansfield0.75
10 Day High443
10 Day Low398.65
20 Day High443
20 Day Low398.65
52 Week High443
52 Week Low318
CS1 End396
CR1 Start426.27
Volume & EV
DER(3)6.37%
DER(5)5.48%
Volume500
Volume Incr-23.48%
Vol(5)296
Vol(50)256.18