Logo image of VVL.OL

VEKSELBANKEN (VVL.OL) Stock Technical Analysis

OSL:VVL - Euronext Oslo - NO0003025009 - Common Stock - Currency: NOK

332  -6 (-1.78%)

Technical Rating and Analysis

8

Overall VVL gets a technical rating of 8 out of 10. In the last year, VVL was one of the better performers, but we do observe some doubts in the very recent evolution.

VVL is part of the Banks industry. There are 99 other stocks in this industry, of which 72% are performing better than VVL.
Warning: VVL has an average volume of 500 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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.
When comparing the yearly performance of all stocks, we notice that VVL is one of the better performing stocks in the market, outperforming 74% of all stocks. On top of that, VVL also shows a nice and consistent pattern of rising prices.
VVL 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 VVL slightly outperforms the market at the moment.
In the last month VVL has a been trading in the 320.00 - 354.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
VEKSELBANKEN / VVL Weekly stock chart
VEKSELBANKEN / VVL Daily stock chart
Setup Rating and Analysis

6

VVL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 325.83, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

277.75

353.51

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 319.99 to 325.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @280.56 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 335.10 to 339.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @350.01 from a horizontal line 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
CRS74.61
Mansfield1.24
10 Day High354
10 Day Low330
20 Day High354
20 Day Low320
52 Week High354
52 Week Low246
Performance
1 Week-1.19%
2 Weeks-0.6%
1 Month0%
3 Month3.75%
6 Month19.42%
12 Month28.68%
2 Year45.61%
3 Year22.96%
5 Year144.12%
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)-0.58
RSI(14)49.28
LBB320.2
UBB352.65
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
339.81329.999.82 (2.89%)25.00%
An entry @339.81. This is a Buy Stop order right above the resistance zone.An exit @329.99. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 9.82 points, which is 2.89%.For a 0.72% 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 VVL. 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.
VEKSELBANKEN / VVL Daily stock chart

VEKSELBANKEN

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

332

-6 (-1.78%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.78%
1 Week-1.19%
2 Weeks-0.6%
1 Month0%
3 Month3.75%
6 Month19.42%
12 Month28.68%
2 Year45.61%
3 Year22.96%
5 Year144.12%
10 YearN/A
15 YearN/A
Volatility
ATR(14)10.43
ATR(20)%2.47%
ATR Inc58.07%
Range Today14
ADR(20)6.2
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.61
Mansfield1.24
10 Day High354
10 Day Low330
20 Day High354
20 Day Low320
52 Week High354
52 Week Low246
CS1 End325.83
CR1 Start335.1
Volume & EV
DER(3)0%
DER(5)0%
Volume1.79K
Volume Incr54.81%
Vol(5)815.4
Vol(50)500.66