EQNR Technical Signal Analysis
EQNR have 3 buy signals and 3 sell signals now. The current trend is consolidation starting from 2025-03-04. The total price change during this trend is +6.98%. Recently, the price has decreased but the volume has also decreased, indicating a potential rebound signal. The average turnover of EQNR over last 5 trading day is $118,374,855.48
3 Bullish Signal
3 Bearish Signal
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
0.07
Bullish
Momentum (10 days)
MOM_10 > 0
1.42
Bullish
Moving Average
10-day SMA crosses above 20-day SMA
--
Bullish
Name
Signal
Value
Meaning
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 > 100
129.87
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-0.05
Bearish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 > 80
93.41
Bearish
3 Bullish Signal
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
0.07
Bullish
Momentum (10 days)
MOM_10 > 0
1.42
Bullish
Moving Average
10-day SMA crosses above 20-day SMA
--
Bullish
EQNR Support and Resistance Level
The support levels for EQNR are at 22.26, 21.65, and 20.66, while the resistance levels are at 24.24, 24.85, and 25.83. With the current stock price at 23.9, it is leaning more toward the resistance levels.
EQNR Technical Analysis
Technical Analysis of EQNR Stock
Price Overview:
- Current Price: 23.17
- High: 23.43
- Low: 22.965
Technical Indicators:
- RSI (6, 12, 14): 57.94, 49.92, 49.17
- StochK/D (14, 3, 3): 33.33, 23.85
- MACD (12, 26, 9): -0.33
- Fibonacci Levels:
- Pivot: 22.92
- Resistance Levels: 23.67, 24.13, 24.87
- Support Levels: 22.18, 21.72, 20.97
Moving Averages:
- SMA_5: 22.62
- SMA_10: 22.82
- SMA_20: 23.18
- SMA_60: 23.67
- SMA_200: 24.78
Recent News Sentiment:
- Analyst Ratings: Barclays and J.P. Morgan maintain Buy ratings with price targets of NOK400 and NOK320, respectively .
- Share Buy-Back Program: EQNR has initiated a buy-back program, purchasing 2,500,000 shares at an average price of NOK256.4310 .
Conclusion:
The stock is currently trading above the pivot level with a bullish momentum indicated by the Fibonacci levels and analyst sentiment. However, the MACD suggests a slight bearish signal.
Recommendation: Buy EQNR with a target price of 24.13.
EQNR FAQs
Which bull technical signals does EQNR have?
Which bearish technical signals does EQNR have?
How reliable is technical analysis?
How can I use moving averages to set entry and exit points for EQNR stock?
Is EQNR a buy based on overall technical signals summary?
EQNR Buy or Sell
EQNR has 3 buy signals and 3 sell signals now. Overall the technical rating for EQNR is Neutral.
Neutral
Sell
3
Buy
3
EQNR Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a positive trend with the 23.9 above the SMA_5. In the short term, the stock shows a positive trend with the 23.53 above the SMA_20. In the mid term, the stock shows a negative trend with the 23.15 below the SMA_60. In the long term, the stock shows a negative trend with the 23.68 below the SMA_200.
Swing
Positive
Stock Price Above SMA_5
Short Term
Positive
SMA_5 Above SMA_20
Mid Term
Negative
SMA_20 Below SMA_60
Long Term
Negative
SMA_60 Below SMA_200
Free Financial AI Agent for Investment
Ask any investment related question and get answer instantly
What do technical indicators suggest about EQNR's current trend?What are EQNR's key support and resistance levels?