EQUINOR ASA-SPON ADR (EQNR) Stock Technical Analysis
NYSE:EQNR - New York Stock Exchange, Inc. - US29446M1027 - ADR - Currency: USD
We assign a technical rating of 0 out of 10 to EQNR. EQNR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
74% of all other stocks performed better in the past year than EQNR.
EQNR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month EQNR has a been trading in the 22.42 - 25.04 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
EQNR has an average volume of 3822770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
EQNR is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 49% of 211 stocks in the same industry.
Although the technical rating is bad, EQNR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 22.46, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EQNR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
22.07
27.61
When analyzing the support we notice one important area.
- A support zone ranging from 22.29 to 22.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 23.53 to 24.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.14 to 25.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @27.34 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.21
Mansfield-1.75
10 Day High25.04
10 Day Low22.42
20 Day High25.04
20 Day Low22.42
52 Week High29.32
52 Week Low21.85
Performance
1 Week0.9%
2 Weeks0.13%
1 Month-2.17%
3 Month-4.82%
6 Month-13.17%
12 Month-6.86%
2 Year-23.04%
3 Year-25.37%
5 Year51%
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)-0.08
RSI(14)47.05
LBB22.5
UBB24.84
23.48
+0.41 (+1.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.78%
1 Week0.9%
2 Weeks0.13%
1 Month-2.17%
3 Month-4.82%
6 Month-13.17%
12 Month-6.86%
2 Year-23.04%
3 Year-25.37%
5 Year51%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.8
ATR(20)%2.95%
ATR Inc-36.74%
Range Today0.32
ADR(20)0.56
ADR(20)%2.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.21
Mansfield-1.75
10 Day High25.04
10 Day Low22.42
20 Day High25.04
20 Day Low22.42
52 Week High29.32
52 Week Low21.85
CS1 End22.46
CR1 Start23.53
Volume & EV
DER(3)7.89%
DER(5)5.3%
Volume2.95M
Volume Incr-11.07%
Vol(5)4.40M
Vol(50)3.82M