EQNR Technical Signal Analysis

EQNR have 0 buy signal and 4 sell signals now. The current trend is uptrend starting from 2025-04-09. The total price change during this trend is -1.58%. Recently, the price has decreased with an increase in volume, indicating a strong bearish signal. The average turnover of EQNR over last 5 trading day is $96,294,581.41

0 Bullish Signal

vs

4 Bearish Signal

Name

Signal

Value

Meaning

Name

Signal

Value

Meaning

Awesome Oscillator (5, 34)

AO_5_34 < 0

-1.28

Bearish

Momentum (10 days)

MOM_10 < 0

-3.86

Bearish

Moving Average Convergence Divergence (12, 26, 9)

MACD_12_26_9 < 0

-0.37

Bearish

Moving Average

Price crosses below 5-day SMA

--

Bearish

EQNR Support and Resistance Level

The support levels for EQNR are at 21.88, 20.6, and 18.53, while the resistance levels are at 26.02, 27.29, and 29.36. With the current stock price at 23.06, it is leaning more toward the support levels.

EQNR Technical Analysis

Technical Analysis of EQNR Stock

Price Overview:

  • Current Price: $25.59
  • Price Change (Pre-Market): +1.54%
  • Price Change (Regular Market): +1.38%
  • Price Change (Post-Market): -0.31%

Technical Indicators:

  • RSI (14): 68.16 (Neutral)
  • MACD: 0.46 (Bullish)
  • Stochastic Oscillator:
    • StochK: 97.25 (Overbought)
    • StochD: 96.49 (Overbought)

Fibonacci Levels:

  • Pivot Point: $24.61
  • Resistance 1 (R1): $25.48
  • Resistance 2 (R2): $26.01
  • Support 1 (S1): $23.74
  • Support 2 (S2): $23.21

Bollinger Bands:

  • Upper Band: $26.73
  • Middle Band: $23.70
  • Lower Band: $20.67

Volume Analysis:

  • Volume: 2,926,503 (Moderate)

Key Observations:

  1. The stock is trading near the upper Bollinger Band, indicating overbought conditions.
  2. The Stochastic Oscillator is in the overbought zone, suggesting a potential pullback.
  3. The MACD is bullish, indicating upward momentum.

Recommendation:

Sell at the current price of $25.59, as the stock is overbought and approaching key resistance levels. Consider repurchasing on a pullback to the support levels around $23.74.

EQNR FAQs

Which bearish technical signals does EQNR have?

Bearish technical signals of EQNR include: AO_5_34 < 0, MOM_10 < 0, MACD_12_26_9 < 0, Price crosses below 5-day SMA.

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 0 buy signals and 4 sell signals now. Overall the technical rating for EQNR is Strong sell.

StrongSellSellNeutralBuyStrongBuy
Strong sell
Sell
4
Buy
0

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 negative trend with the 23.06 below the SMA_5. In the short term, the stock shows a negative trend with the 23.15 below the SMA_20. In the mid term, the stock shows a positive trend with the 24.75 above the SMA_60. In the long term, the stock shows a negative trend with the 23.98 below the SMA_200.

Swing

Negative

Stock Price Below SMA_5

Short Term

Negative

SMA_5 Below SMA_20

Mid Term

Positive

SMA_20 Above SMA_60

Long Term

Negative

SMA_60 Below SMA_200

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What do technical indicators suggest about EQNR's current trend?What are EQNR's key support and resistance levels?