Technical Analysis for 0Q57 - Sparebank 1 SR Bank ASA

Grade Last Price % Change Price Change
A 130.15 2.20% 2.80
0Q57 closed up 2.2 percent on Friday, February 2, 2024, on 6 percent of normal volume. It was able to find support at its 50 day moving average. It was able to bounce off of its 200 day moving average, an important long-term support line. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
200 DMA Support Bullish 0.00%
50 DMA Support Bullish 0.00%
Crossed Above 20 DMA Bullish 0.00%
Hammer Candlestick Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
Wide Range Bar Range Expansion 0.00%
Multiple of Ten Bullish Other 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Lower Bollinger Band Touch Weakness 0.00%

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Profile

Sparebank 1 SR Bank ASA Description

SpareBank 1 SR-Bank ASA, together with its subsidiaries, provides various financial products and services for personal and corporate customers in Southern and Western Norway. The company operates through Retail customers, SME & Agriculture, and Large Corporates segments. It offers its products and services in the areas of savings, loans, insurance, and pensions. The company also provides foreign exchange, administrative securities, commercial properties, leasing, accounting, advisory, estate agency, payroll/HR, securities trading, and investments services; green loans; credit and debit cards; consulting; and banking services. In addition, it facilitates debt and equity funding; and sells real estate properties comprising holiday homes, new builds, and used homes. Further, the company is involved in the customer trading of interest rate instruments; and purchasing of home mortgages. It also serves retail and corporate, small business, and agricultural customers, as well as the public sector. The company was founded in 1839 and is headquartered in Stavanger, Norway.


Classification

Is 0Q57 a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 131.6
52 Week Low 108.8
Average Volume 27,386
200-Day Moving Average 124.06
50-Day Moving Average 123.24
20-Day Moving Average 127.98
10-Day Moving Average 129.34
Average True Range 3.58
RSI (14) 54.75
ADX 19.59
+DI 16.95
-DI 14.38
Chandelier Exit (Long, 3 ATRs) 120.40
Chandelier Exit (Short, 3 ATRs) 133.45
Upper Bollinger Bands 131.36
Lower Bollinger Band 124.59
Percent B (%b) 0.82
BandWidth 5.29
MACD Line 1.77
MACD Signal Line 1.89
MACD Histogram -0.1172
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 141.33
Resistance 3 (R3) 140.08 135.12 139.46
Resistance 2 (R2) 135.12 132.27 135.74 138.84
Resistance 1 (R1) 132.63 130.51 133.88 133.88 138.22
Pivot Point 127.67 127.67 128.29 128.29 127.67
Support 1 (S1) 125.18 124.82 126.43 126.43 122.08
Support 2 (S2) 120.22 123.06 120.84 121.46
Support 3 (S3) 117.73 120.22 120.84
Support 4 (S4) 118.98