ISHARES MSCI NORWAY ETF (ENOR) Stock Technical Analysis
NYSEARCA:ENOR - NYSE Arca - US46429B4995 - ETF - Currency: USD
Overall ENOR gets a technical rating of 6 out of 10. Although ENOR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: ENOR has an average volume of 16956 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
ENOR 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 ENOR slightly outperforms the market at the moment.
In the last month ENOR has a been trading in the 21.79 - 26.09 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that ENOR is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Although the technical rating is only medium, ENOR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 24.64, a Stop Loss order could be placed below this zone.
More info and screens
21.25
26.51
We found 5 important support areas.
- A support zone ranging from 24.42 to 24.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.94 from a horizontal line in the daily time frame.
- Support @22.52 from a horizontal line in the weekly time frame.
- A support zone ranging from 21.92 to 22.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.46 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 26.22 to 26.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.64
Mansfield0.57
10 Day High25.28
10 Day Low23.38
20 Day High26.09
20 Day Low21.79
52 Week High26.43
52 Week Low21.75
Performance
1 Week1.3%
2 Weeks8.21%
1 Month-4.14%
3 Month5.63%
6 Month3.28%
12 Month5.71%
2 Year6.32%
3 Year-10.73%
5 Year42.33%
10 Year-2.23%
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)0.11
RSI(14)53.86
LBB22.23
UBB26.06
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 |
|---|---|---|---|
| 26.26 | 24.41 | 1.85 (7.04%) | 14.19% |
| An entry @26.26. This is a Buy Stop order right above the resistance zone. | An exit @24.41. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.85 points, which is 7.04%. | For a 1.00% total portfolio risk, you can invest 14.19% of your capital in this trade. |
- 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.
NYSEARCA:ENOR (4/28/2025, 1:02:57 PM)
25.2
+0.17 (+0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.68%
1 Week1.3%
2 Weeks8.21%
1 Month-4.14%
3 Month5.63%
6 Month3.28%
12 Month5.71%
2 Year6.32%
3 Year-10.73%
5 Year42.33%
10 Year-2.23%
15 YearN/A
Volatility
ATR(14)0.79
ATR(20)%3.05%
ATR Inc-63.65%
Range Today0.25
ADR(20)0.61
ADR(20)%2.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.64
Mansfield0.57
10 Day High25.28
10 Day Low23.38
20 Day High26.09
20 Day Low21.79
52 Week High26.43
52 Week Low21.75
CS1 End24.64
CR1 Start26.22
Volume & EV
DER(3)-0.72%
DER(5)0.49%
Volume12.15K
Volume Incr-31.35%
Vol(5)17.86K
Vol(50)16.96K