Melhus Sparebank (MELG)
Oslo Stock Exchange · Norway · prices in NOK · close of 22 Oct 2026
Key indicators
| Last close | NOK 185.00 |
|---|---|
| 52-week range | 170.50 – 206.00 |
| Return, 1 month / 3 months | +0.8% / +0.0% |
| Return, 1 year / 3 years | +13.3% / +48.4% |
| Trend | Below its 200-day average |
| RSI (14) | 51 |
| Volatility (1 year) | 18.8% |
| Worst drawdown (1 year) | -10.0% |
| Average daily value traded | 0.10M NOK |
| Dividend yield | 7.3% |
Market X-Ray price-based
Five-year price chart navy: price · brown: 200-day average
About the company
Melhus Sparebank is a savings bank based in Melhus, in the Trøndelag region of Norway. It serves personal customers and local businesses with everyday banking such as savings accounts, loans and mortgages, along with payment and insurance services. The bank operates through its own branches in its home area and works as a community-focused institution, taking deposits from savers and lending to households and enterprises in the district it serves.
The shares are listed on the Oslo Stock Exchange in Norway under the code MELG, and the price on this page is in Norwegian kroner (NOK). Our dividend records, which start in 2019, show payments in 8 different calendar years. The Market X-Ray on this page is price-based and compares it with other stocks on the same exchange; it does not measure how healthy the business is.
Summary
Melhus Sparebank (MELG) trades on the Oslo Stock Exchange in Norway. It last closed at NOK 185.00 on 22 October 2026.
Its price-based Market X-Ray is 59 out of 100 (a fair price profile), ranking 114 of 294 stocks on this exchange. The score describes how the stock has traded: trend, momentum, risk, liquidity and dividends, each ranked against the other stocks on its own exchange. It does not measure how healthy or cheap the business is.
Over the last year the price rose 13.3% and over the last three months it rose 0.0%. Returns are price returns, dividends not included.
Fundamental measures (valuation, growth, financial health) are not shown: we do not yet hold financial statements for this market.
The five lenses in numbers each metric is ranked against the other stocks on Oslo Stock Exchange
| Lens and metric | Value | Score | Reading |
|---|---|---|---|
| Trend | 56 · Fair | Mixed trend against its averages. | |
| Above 200-day average | -0.4% | ||
| From 52-week high | -9.8% | ||
| Momentum | 50 · Weak | Lagging most stocks on this exchange. | |
| 3-month return | 0.0% | ||
| 6-month return | -4.5% | ||
| 12-month return, skipping the last month | 12.4% | ||
| Stability (higher is calmer) | 95 · Strong | Calmer than most: low volatility and shallow drawdowns. | |
| Volatility, 1 year (lower is calmer) | 18.8% | ||
| Worst drawdown, 1 year (smaller is calmer) | -10.0% | ||
| Liquidity | 15 · Weak | Thinly traded: prices can jump and exits can be hard. | |
| Average daily value traded | 0.10M NOK | ||
| Zero-volume days | 0.0% | ||
| Income | 62 · Fair | Dividend is typical for this exchange. | |
| Dividend yield | 7.3% | ||
| Years with dividends | 5 |
Strengths
- Stability (higher is calmer): Calmer than most: low volatility and shallow drawdowns.
Weak spots
- Momentum: Lagging most stocks on this exchange.
- Liquidity: Thinly traded: prices can jump and exits can be hard.
Returns
| 1 week | +0.5% |
|---|---|
| 1 month | +0.8% |
| 3 months | +0.0% |
| 6 months | −4.5% |
| 1 year | +13.3% |
| 3 years | +48.4% |
| 5 years | +74.3% |
Signals
| 50-day / 200-day average | 183.83 / 185.73 |
|---|---|
| Golden / death cross (60 days) | Death, 39 days ago |
| New 52-week high | No |
| Bullish RSI divergence | No |
| Average daily range (ATR) | 2.04 |
Technical summary
Recent dividends
| Ex-dividend date | Amount per share |
|---|---|
| 20 Mar 2026 | NOK 13.5000 |
| 21 Mar 2025 | NOK 13.5000 |
| 22 Mar 2024 | NOK 12.5000 |
| 17 Mar 2023 | NOK 11.0000 |
| 11 Mar 2022 | NOK 10.5000 |
| 12 Mar 2021 | NOK 7.0000 |
How to read this report
Every number comes from end-of-day prices and dividends. The Market X-Ray describes how the stock has traded, ranked against the other stocks on Oslo Stock Exchange; it does not measure how healthy or cheap the business is. The fundamental X-Ray (financial health, valuation, growth) needs financial statements, which we hold today for US stocks. See the methodology page. Educational only, not financial advice.