25 XP   0   0   10

Sunndal Sparebank
Buy, Hold or Sell?

Let's analyse Sunndal Sparebank together

PenkeI guess you are interested in Sunndal Sparebank. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Sunndal Sparebank. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

Get notifications about Sunndal Sparebank

I send you an email if I find something interesting about Sunndal Sparebank.

Quick analysis of Sunndal Sparebank (30 sec.)










What can you expect buying and holding a share of Sunndal Sparebank? (30 sec.)

How much money do you get?

How much money do you get?
kr1.99
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
kr265.21
Expected worth in 1 year
kr358.82
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
kr115.04
Return On Investment
104.6%

For what price can you sell your share?

Current Price per Share
kr110.00
Expected price per share
kr107.50 - kr114.70
How sure are you?
50%

1. Valuation of Sunndal Sparebank (5 min.)




Live pricePrice per Share (EOD)

kr110.00

Intrinsic Value Per Share

kr73.40 - kr950.80

Total Value Per Share

kr338.61 - kr1,216.01

2. Growth of Sunndal Sparebank (5 min.)




Is Sunndal Sparebank growing?

Current yearPrevious yearGrowGrow %
How rich?$67.5m$61.6m$5.9m8.8%

How much money is Sunndal Sparebank making?

Current yearPrevious yearGrowGrow %
Making money$5.3m$4.4m$857.4k16.2%
Net Profit Margin36.3%37.5%--

How much money comes from the company's main activities?

3. Financial Health of Sunndal Sparebank (5 min.)




4. Comparing to competitors in the Banks - Regional industry (5 min.)




  Industry Rankings (Banks - Regional)  

What can you expect buying and holding a share of Sunndal Sparebank? (5 min.)

Welcome investor! Sunndal Sparebank's management wants to use your money to grow the business. In return you get a share of Sunndal Sparebank.

What can you expect buying and holding a share of Sunndal Sparebank?

First you should know what it really means to hold a share of Sunndal Sparebank. And how you can make/lose money.

Speculation

The Price per Share of Sunndal Sparebank is kr110.00. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Sunndal Sparebank.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Sunndal Sparebank, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is kr265.21. Based on the TTM, the Book Value Change Per Share is kr23.40 per quarter. Based on the YOY, the Book Value Change Per Share is kr47.94 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is kr5.36 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Sunndal Sparebank.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 kr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Share
Usd Eps1.931.8%1.931.8%0.520.5%0.690.6%0.610.6%
Usd Book Value Change Per Share2.172.0%2.172.0%4.444.0%2.502.3%4.093.7%
Usd Dividend Per Share0.500.5%0.500.5%0.270.2%0.310.3%0.280.3%
Usd Total Gains Per Share2.662.4%2.662.4%4.714.3%2.812.6%4.374.0%
Usd Price Per Share11.18-11.18-12.27-10.96-9.13-
Price to Earnings Ratio5.80-5.80-23.68-25.92-21.60-
Price-to-Total Gains Ratio4.20-4.20-2.60-5.37-5.37-
Price to Book Ratio0.46-0.46-0.55-0.62-0.52-
Price-to-Total Gains Ratio4.20-4.20-2.60-5.37-5.37-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share10.186
Number of shares98
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.500.31
Usd Book Value Change Per Share2.172.50
Usd Total Gains Per Share2.662.81
Gains per Quarter (98 shares)261.00274.95
Gains per Year (98 shares)1,044.001,099.80
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
119584910341219791090
23891699207824119582190
35842548312236229383290
47783398416648239174390
59734247521060348965490
611675097625472458756590
713625946729884468547690
815566796834296578338790
9175176459386108688139890
1019458495104301206979210990

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%6.00.00.0100.0%6.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%6.00.00.0100.0%6.00.00.0100.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%6.00.00.0100.0%6.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%6.00.00.0100.0%6.00.00.0100.0%

Fundamentals of Sunndal Sparebank

About Sunndal Sparebank

Sunndal Sparebank engages in the provision of banking services for personal and corporate markets in Norway. The company provides savings, pension, operating, tax deduction, capital, client, and deposit accounts; online and mobile banking, debit and credit cards, bank ID, and payment services; and payment terminal, invoicing, foreign payment services. It also offers mortgage, car and green car loans, vehicle and consumer loans, and refinancing, as well as bank guarantee, construction and business loans, overdraft, and leasing services; and insurances, such as company and employees, agriculture, car and other vehicles, animal, home and leisure, and health insurance products. The company was founded in 1892 and is headquartered in Sunndalsøra, Norway.

Fundamental data was last updated by Penke on 2024-03-08 08:11:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Sunndal Sparebank.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Sunndal Sparebank earns for each kr1 of revenue.

  • Above 10% is considered healthy but always compare Sunndal Sparebank to the Banks - Regional industry mean.
  • A Net Profit Margin of 36.3% means that kr0.36 for each kr1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Sunndal Sparebank:

  • The MRQ is 36.3%. The company is making a huge profit. +2
  • The TTM is 36.3%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ36.3%TTM36.3%0.0%
TTM36.3%YOY37.5%-1.2%
TTM36.3%5Y36.0%+0.3%
5Y36.0%10Y30.0%+6.0%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ36.3%18.4%+17.9%
TTM36.3%28.0%+8.3%
YOY37.5%25.2%+12.3%
5Y36.0%22.8%+13.2%
10Y30.0%19.8%+10.2%
1.1.2. Return on Assets

Shows how efficient Sunndal Sparebank is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Sunndal Sparebank to the Banks - Regional industry mean.
  • 1.0% Return on Assets means that Sunndal Sparebank generated kr0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Sunndal Sparebank:

  • The MRQ is 1.0%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.0%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.0%TTM1.0%0.0%
TTM1.0%YOY1.0%+0.1%
TTM1.0%5Y0.9%+0.1%
5Y0.9%10Y0.9%+0.0%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0%0.1%+0.9%
TTM1.0%0.2%+0.8%
YOY1.0%0.2%+0.8%
5Y0.9%0.2%+0.7%
10Y0.9%0.2%+0.7%
1.1.3. Return on Equity

Shows how efficient Sunndal Sparebank is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Sunndal Sparebank to the Banks - Regional industry mean.
  • 7.9% Return on Equity means Sunndal Sparebank generated kr0.08 for each kr1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Sunndal Sparebank:

  • The MRQ is 7.9%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 7.9%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ7.9%TTM7.9%0.0%
TTM7.9%YOY7.2%+0.6%
TTM7.9%5Y7.5%+0.4%
5Y7.5%10Y7.4%+0.1%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ7.9%1.4%+6.5%
TTM7.9%2.5%+5.4%
YOY7.2%2.7%+4.5%
5Y7.5%2.5%+5.0%
10Y7.4%2.8%+4.6%

1.2. Operating Efficiency of Sunndal Sparebank.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Sunndal Sparebank is operating .

  • Measures how much profit Sunndal Sparebank makes for each kr1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Sunndal Sparebank to the Banks - Regional industry mean.
  • An Operating Margin of 0.0% means the company generated kr0.00  for each kr1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Sunndal Sparebank:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
1.2.2. Operating Ratio

Measures how efficient Sunndal Sparebank is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are kr0.00 for each kr1 in net sales.

Let's take a look of the Operating Ratio trends of Sunndal Sparebank:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000

1.3. Liquidity of Sunndal Sparebank.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Sunndal Sparebank is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Banks - Regional industry mean).
  • A Current Ratio of 0.00 means the company has kr0.00 in assets for each kr1 in short-term debts.

Let's take a look of the Current Ratio trends of Sunndal Sparebank:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY0.159-0.159
TTM-5Y0.110-0.110
5Y0.11010Y0.119-0.008
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
TTM-0.124-0.124
YOY0.1590.225-0.066
5Y0.1100.219-0.109
10Y0.1190.131-0.012
1.3.2. Quick Ratio

Measures if Sunndal Sparebank is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Sunndal Sparebank to the Banks - Regional industry mean.
  • A Quick Ratio of 0.00 means the company can pay off kr0.00 for each kr1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Sunndal Sparebank:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000

1.4. Solvency of Sunndal Sparebank.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Sunndal Sparebank assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Sunndal Sparebank to Banks - Regional industry mean.
  • A Debt to Asset Ratio of 0.87 means that Sunndal Sparebank assets are financed with 86.7% credit (debt) and the remaining percentage (100% - 86.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Sunndal Sparebank:

  • The MRQ is 0.867. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.867. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.867TTM0.8670.000
TTM0.867YOY0.863+0.003
TTM0.8675Y0.876-0.009
5Y0.87610Y0.878-0.001
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8670.915-0.048
TTM0.8670.917-0.050
YOY0.8630.919-0.056
5Y0.8760.919-0.043
10Y0.8780.927-0.049
1.4.2. Debt to Equity Ratio

Measures if Sunndal Sparebank is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Sunndal Sparebank to the Banks - Regional industry mean.
  • A Debt to Equity ratio of 650.7% means that company has kr6.51 debt for each kr1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Sunndal Sparebank:

  • The MRQ is 6.507. The company is unable to pay all its debts with equity. -1
  • The TTM is 6.507. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ6.507TTM6.5070.000
TTM6.507YOY6.320+0.186
TTM6.5075Y7.123-0.617
5Y7.12310Y7.214-0.090
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ6.50710.829-4.322
TTM6.50711.013-4.506
YOY6.32011.363-5.043
5Y7.12311.437-4.314
10Y7.21413.038-5.824

2. Market Valuation of Sunndal Sparebank

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every kr1 in earnings Sunndal Sparebank generates.

  • Above 15 is considered overpriced but always compare Sunndal Sparebank to the Banks - Regional industry mean.
  • A PE ratio of 5.80 means the investor is paying kr5.80 for every kr1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Sunndal Sparebank:

  • The EOD is 5.280. Based on the earnings, the company is cheap. +2
  • The MRQ is 5.796. Based on the earnings, the company is cheap. +2
  • The TTM is 5.796. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD5.280MRQ5.796-0.516
MRQ5.796TTM5.7960.000
TTM5.796YOY23.682-17.887
TTM5.7965Y25.923-20.127
5Y25.92310Y21.602+4.320
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD5.2807.398-2.118
MRQ5.7966.680-0.884
TTM5.7965.295+0.501
YOY23.6826.943+16.739
5Y25.9239.770+16.153
10Y21.6029.943+11.659
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Sunndal Sparebank:

  • The EOD is 6.611. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 7.256. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 7.256. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD6.611MRQ7.256-0.646
MRQ7.256TTM7.2560.000
TTM7.256YOY-2.705+9.961
TTM7.2565Y1.250+6.007
5Y1.25010Y1.041+0.208
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD6.611-2.069+8.680
MRQ7.256-1.868+9.124
TTM7.256-0.342+7.598
YOY-2.7056.448-9.153
5Y1.2500.429+0.821
10Y1.0410.091+0.950
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Sunndal Sparebank is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • A PB ratio of 0.46 means the investor is paying kr0.46 for each kr1 in book value.

Let's take a look of the Price to Book Ratio trends of Sunndal Sparebank:

  • The EOD is 0.415. Based on the equity, the company is cheap. +2
  • The MRQ is 0.455. Based on the equity, the company is cheap. +2
  • The TTM is 0.455. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.415MRQ0.455-0.041
MRQ0.455TTM0.4550.000
TTM0.455YOY0.548-0.093
TTM0.4555Y0.619-0.163
5Y0.61910Y0.516+0.103
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD0.4150.427-0.012
MRQ0.4550.386+0.069
TTM0.4550.470-0.015
YOY0.5480.642-0.094
5Y0.6190.795-0.176
10Y0.5161.025-0.509
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Sunndal Sparebank compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--23.40223.4020%47.936-51%26.975-13%44.202-47%
Book Value Per Share--265.212265.2120%241.811+10%200.068+33%188.446+41%
Current Ratio----0%0.159-100%0.110-100%0.119-100%
Debt To Asset Ratio--0.8670.8670%0.863+0%0.876-1%0.878-1%
Debt To Equity Ratio--6.5076.5070%6.320+3%7.123-9%7.214-10%
Dividend Per Share--5.3595.3590%2.959+81%3.323+61%3.000+79%
Eps--20.83320.8330%5.596+272%7.427+181%6.573+217%
Free Cash Flow Per Share--16.64016.6400%-48.997+394%2.715+513%-13.598+182%
Free Cash Flow To Equity Per Share--16.64016.6400%-40.922+346%-2.268+114%5.795+187%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--950.797--------
Intrinsic Value_10Y_min--73.401--------
Intrinsic Value_1Y_max--40.335--------
Intrinsic Value_1Y_min--3.925--------
Intrinsic Value_3Y_max--163.061--------
Intrinsic Value_3Y_min--14.833--------
Intrinsic Value_5Y_max--336.270--------
Intrinsic Value_5Y_min--28.991--------
Market Cap302747500.000-10%332311343.825332311343.8250%364732023.150-9%325604000.485+2%271336667.071+22%
Net Profit Margin--0.3630.3630%0.375-3%0.360+1%0.300+21%
Operating Margin----0%-0%-0%-0%
Operating Ratio----0%-0%-0%-0%
Pb Ratio0.415-10%0.4550.4550%0.548-17%0.619-26%0.516-12%
Pe Ratio5.280-10%5.7965.7960%23.682-76%25.923-78%21.602-73%
Price Per Share110.000-10%120.742120.7420%132.521-9%118.305+2%98.587+22%
Price To Free Cash Flow Ratio6.611-10%7.2567.2560%-2.705+137%1.250+481%1.041+597%
Price To Total Gains Ratio3.825-10%4.1984.1980%2.604+61%5.368-22%5.368-22%
Quick Ratio----0%-0%-0%-0%
Return On Assets--0.0100.0100%0.010+6%0.009+13%0.009+16%
Return On Equity--0.0790.0790%0.072+9%0.075+5%0.074+6%
Total Gains Per Share--28.76128.7610%50.895-43%30.298-5%47.202-39%
Usd Book Value--67591610.60067591610.6000%61627522.400+10%50989041.760+33%48027067.167+41%
Usd Book Value Change Per Share--2.1672.1670%4.439-51%2.498-13%4.093-47%
Usd Book Value Per Share--24.55924.5590%22.392+10%18.526+33%17.450+41%
Usd Dividend Per Share--0.4960.4960%0.274+81%0.308+61%0.278+79%
Usd Eps--1.9291.9290%0.518+272%0.688+181%0.609+217%
Usd Free Cash Flow--4240802.2004240802.2000%-12487387.800+394%691925.720+513%-3465632.167+182%
Usd Free Cash Flow Per Share--1.5411.5410%-4.537+394%0.251+513%-1.259+182%
Usd Free Cash Flow To Equity Per Share--1.5411.5410%-3.789+346%-0.210+114%0.537+187%
Usd Market Cap28034418.500-10%30772030.43830772030.4380%33774185.344-9%30150930.445+2%25125775.371+22%
Usd Price Per Share10.186-10%11.18111.1810%12.271-9%10.955+2%9.129+22%
Usd Profit--5309406.2005309406.2000%4451930.200+19%3822305.760+39%3559991.567+49%
Usd Revenue--14620151.00014620151.0000%11882432.000+23%10563530.200+38%8802941.833+66%
Usd Total Gains Per Share--2.6632.6630%4.713-43%2.806-5%4.371-39%
 EOD+4 -4MRQTTM+0 -0YOY+20 -125Y+24 -810Y+24 -8

3.2. Fundamental Score

Let's check the fundamental score of Sunndal Sparebank based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-155.280
Price to Book Ratio (EOD)Between0-10.415
Net Profit Margin (MRQ)Greater than00.363
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.867
Debt to Equity Ratio (MRQ)Less than16.507
Return on Equity (MRQ)Greater than0.150.079
Return on Assets (MRQ)Greater than0.050.010
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Sunndal Sparebank based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5065.935
Ma 20Greater thanMa 50107.383
Ma 50Greater thanMa 100106.013
Ma 100Greater thanMa 200105.177
OpenGreater thanClose110.000
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in NOK. All numbers in thousands.

Summary
Total Assets5,479,240
Total Liabilities4,749,309
Total Stockholder Equity729,931
 As reported
Total Liabilities 4,749,309
Total Stockholder Equity+ 729,931
Total Assets = 5,479,240

Assets

Total Assets5,479,240
Total Current Assets0
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 105,811
Total Current Assets  (as reported)0
Total Current Assets  (calculated)105,811
+/- 105,811
Long-term Assets
Property Plant Equipment 36,627
Long Term Investments 539,851
Long-term Assets  (as reported)0
Long-term Assets  (calculated)576,478
+/- 576,478

Liabilities & Shareholders' Equity

Total Current Liabilities0
Long-term Liabilities0
Total Stockholder Equity729,931
Total Current Liabilities
Accounts payable 812
Total Current Liabilities  (as reported)0
Total Current Liabilities  (calculated)812
+/- 812
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Total Stockholder Equity (as reported)729,931
Total Stockholder Equity (calculated)0
+/- 729,931
Other
Capital Stock210,714
Common Stock Shares Outstanding 2,147
Net Debt 819,898
Net Invested Capital 1,655,640
Property Plant and Equipment Gross 73,393



Balance Sheet

Currency in NOK. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
> Total Assets 
2,604,505
3,108,141
3,379,873
3,727,332
4,531,473
4,871,811
5,479,240
5,479,2404,871,8114,531,4733,727,3323,379,8733,108,1412,604,505
   > Total Current Assets 
0
301,311
397,913
144,707
577,586
547,506
0
0547,506577,586144,707397,913301,3110
       Cash And Cash Equivalents 
0
0
69,473
69,332
4,509
3,975
105,811
105,8113,9754,50969,33269,47300
       Other Current Assets 
0
67,572
70,145
72,034
0
0
0
00072,03470,14567,5720
   > Long-term Assets 0000000
       Property Plant Equipment 
27,835
32,941
31,247
29,779
30,166
35,114
36,627
36,62735,11430,16629,77931,24732,94127,835
       Long Term Investments 
0
0
311,224
369,028
489,474
524,238
539,851
539,851524,238489,474369,028311,22400
> Total Liabilities 
2,304,880
2,749,424
3,002,286
3,280,777
3,997,882
4,206,287
4,749,309
4,749,3094,206,2873,997,8823,280,7773,002,2862,749,4242,304,880
   > Total Current Liabilities 
0
1,878,792
2,393,043
2,621,370
3,388,461
3,440,976
0
03,440,9763,388,4612,621,3702,393,0431,878,7920
       Accounts payable 
0
1,863,471
2,226,398
2,357,228
3,044,683
3,266,817
812
8123,266,8173,044,6832,357,2282,226,3981,863,4710
       Other Current Liabilities 
0
8,951
9,117
12,438
9,650
13,771
0
013,7719,65012,4389,1178,9510
   > Long-term Liabilities 0000000
       Long term Debt Total 
400,000
750,000
600,000
719,000
625,754
726,262
0
0726,262625,754719,000600,000750,000400,000
       Other Liabilities 
0
9,770
8,299
13,117
2,890
3,361
0
03,3612,89013,1178,2999,7700
> Total Stockholder Equity
299,625
358,717
377,587
446,555
533,591
665,524
729,931
729,931665,524533,591446,555377,587358,717299,625
   Common Stock
0
92,857
92,857
135,714
135,714
210,714
0
0210,714135,714135,71492,85792,8570
   Retained Earnings 
53,900
265,044
283,915
309,958
366,994
404,620
0
0404,620366,994309,958283,915265,04453,900
   Capital Surplus 
244,427
263,835
282,205
305,184
322,250
346,968
0
0346,968322,250305,184282,205263,835244,427
   Treasury Stock0000000
   Other Stockholders Equity 
1,298
1
1,025
1,657
30,000
50,001
0
050,00130,0001,6571,02511,298



Balance Sheet

Currency in NOK. All numbers in thousands.




Cash Flow

Currency in NOK. All numbers in thousands.




Income Statement

Currency in NOK. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue157,885
Cost of Revenue-0
Gross Profit0157,885
 
Operating Income (+$)
Gross Profit0
Operating Expense-0
Operating Income00
 
Operating Expense (+$)
Research Development0
Selling General Administrative3,170
Selling And Marketing Expenses0
Operating Expense03,170
 
Net Interest Income (+$)
Interest Income181,931
Interest Expense-66,481
Other Finance Cost-0
Net Interest Income115,450
 
Pretax Income (+$)
Operating Income0
Net Interest Income115,450
Other Non-Operating Income Expenses0
Income Before Tax (EBT)72,6280
EBIT - interestExpense = -66,481
57,337
123,818
Interest Expense66,481
Earnings Before Interest and Taxes (EBIT)0139,109
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax72,628
Tax Provision-15,291
Net Income From Continuing Ops57,33757,337
Net Income57,337
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net0-115,450
 

Technical Analysis of Sunndal Sparebank
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Sunndal Sparebank. The general trend of Sunndal Sparebank is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Sunndal Sparebank's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Sunndal Sparebank.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 111.24 < 114.70 < 114.70.

The bearish price targets are: 108.43 > 108.43 > 107.50.

Tweet this
Sunndal Sparebank Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Sunndal Sparebank. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Sunndal Sparebank Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Sunndal Sparebank. The current macd is 0.92819283.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Sunndal Sparebank price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Sunndal Sparebank. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Sunndal Sparebank price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Sunndal Sparebank Daily Moving Average Convergence/Divergence (MACD) ChartSunndal Sparebank Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Sunndal Sparebank. The current adx is 18.52.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Sunndal Sparebank shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Sunndal Sparebank Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Sunndal Sparebank. The current sar is 105.57.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Sunndal Sparebank Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Sunndal Sparebank. The current rsi is 65.94. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Sunndal Sparebank Daily Relative Strength Index (RSI) ChartSunndal Sparebank Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Sunndal Sparebank. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Sunndal Sparebank price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Sunndal Sparebank Daily Stochastic Oscillator ChartSunndal Sparebank Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Sunndal Sparebank. The current cci is 141.65.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Sunndal Sparebank Daily Commodity Channel Index (CCI) ChartSunndal Sparebank Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Sunndal Sparebank. The current cmo is 44.26.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Sunndal Sparebank Daily Chande Momentum Oscillator (CMO) ChartSunndal Sparebank Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Sunndal Sparebank. The current willr is 0.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Sunndal Sparebank Daily Williams %R ChartSunndal Sparebank Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Sunndal Sparebank.

Sunndal Sparebank Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Sunndal Sparebank. The current atr is 0.73261481.

Sunndal Sparebank Daily Average True Range (ATR) ChartSunndal Sparebank Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Sunndal Sparebank. The current obv is -31,126.

Sunndal Sparebank Daily On-Balance Volume (OBV) ChartSunndal Sparebank Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Sunndal Sparebank. The current mfi is 65.30.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Sunndal Sparebank Daily Money Flow Index (MFI) ChartSunndal Sparebank Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Sunndal Sparebank.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-10CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-14STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-13WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-29ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-03STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-24CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-25DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-02WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-12MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-22WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-06WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-14CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-20ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-22STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Sunndal Sparebank Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Sunndal Sparebank based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5065.935
Ma 20Greater thanMa 50107.383
Ma 50Greater thanMa 100106.013
Ma 100Greater thanMa 200105.177
OpenGreater thanClose110.000
Total4/5 (80.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Sunndal Sparebank with someone you think should read this too:
  • Are you bullish or bearish on Sunndal Sparebank? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Sunndal Sparebank? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Sunndal Sparebank

I send you an email if I find something interesting about Sunndal Sparebank.


Comments

How you think about this?

Leave a comment

Stay informed about Sunndal Sparebank.

Receive notifications about Sunndal Sparebank in your mailbox!