STOREBRAND ASA (STB.OL) Stock Technical Analysis
OSL:STB - Euronext Oslo - NO0003053605 - Common Stock - Currency: NOK
Taking everything into account, STB scores 7 out of 10 in our technical rating. In the last year, STB was one of the better performers, but we do observe some doubts in the very recent evolution.
STB is one of the lesser performing stocks in the Insurance industry. 71% of 33 stocks in the same industry do better.
STB is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, STB did better than 73% of all other stocks. On top of that, STB also shows a nice and consistent pattern of rising prices.
STB 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.
STB 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 124.73, a Stop Loss order could be placed below this zone.
More info and screens
116.42
138.48
When analyzing the support we can see 2 important areas.
- A support zone ranging from 120.00 to 124.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @117.60 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @137.11 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.64
Mansfield0.62
10 Day High125.3
10 Day Low121.5
20 Day High137.1
20 Day Low121.1
52 Week High137.1
52 Week Low93.5
Performance
1 Week2.29%
2 Weeks1.38%
1 Month-6.29%
3 Month1.3%
6 Month9.26%
12 Month29.24%
2 Year55.75%
3 Year41.68%
5 Year199.64%
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)0.04
RSI(14)50.35
LBB120.79
UBB125.44
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 |
|---|---|---|---|
| 125.31 | 121.49 | 3.82 (3.05%) | 25.00% |
| An entry @125.31. This is a Buy Stop order right above the 10 day high. | An exit @121.49. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.82 points, which is 3.05%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.76%. |
- 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:STB (3/7/2025, 7:00:00 PM)
125.1
+1.4 (+1.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg1.13%
1 Week2.29%
2 Weeks1.38%
1 Month-6.29%
3 Month1.3%
6 Month9.26%
12 Month29.24%
2 Year55.75%
3 Year41.68%
5 Year199.64%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.95
ATR(20)%2.11%
ATR Inc9.06%
Range Today2.7
ADR(20)2.1
ADR(20)%1.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.64
Mansfield0.62
10 Day High125.3
10 Day Low121.5
20 Day High137.1
20 Day Low121.1
52 Week High137.1
52 Week Low93.5
CS1 End124.73
CR1 Start137.11
Volume & EV
DER(3)1.08%
DER(5)0.69%
Volume611.61K
Volume Incr-22.09%
Vol(5)731.24K
Vol(50)703.65K