Taking everything into account, ENOR scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ENOR is showing a nice and steady performance.
Besides having an excellent technical rating, ENOR also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 28.74, a Stop Loss order could be placed below this zone.
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26.48
When analyzing the support we notice one important area.
- A support zone ranging from 26.75 to 28.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 28.99 to 29.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ENOR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENOR is up. |
| ChartMill Relative Strength | 74.44 | POSITIVE | ENOR has a high relative strength, it outperformed 74.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENOR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENOR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENOR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.84 | NEUTRAL | The RSI value for ENOR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ENOR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.89 | OVERBOUGHT | The high Stochastics value suggests ENOR may be overbought. |
| Average True Range in percent/ATR (20) | 1.08 | LOW VOLATILITY | The low ATR as a percentage value for ENOR suggests low volalility. |
| Average Directional Index/ADX (14) | 20.34 | NEUTRAL | The ADX value for ENOR suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 29.00 | 28.64 | 0.36 (1.24%) | 25.00% |
| An entry @29.00. This is a Buy Stop order right above the 10 day moving average. | An exit @28.64. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.36 points, which is 1.24%. | For a 0.31% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ENOR. Please evaluate whether better entry and exit points can be found.
- 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 (1/7/2026, 6:40:00 PM)
28.9
-0.23 (-0.8%)
ISHARES MSCI NORWAY ETF / ENOR FAQ
Can you provide the ChartMill technical rating for ISHARES MSCI NORWAY ETF?
ChartMill assigns a technical rating of 10 / 10 to ENOR.
Can you provide the trend direction for ISHARES MSCI NORWAY ETF?
The current trend direction for ISHARES MSCI NORWAY ETF (ENOR) is Bullish.
What is the RSI signal for ENOR stock?
ISHARES MSCI NORWAY ETF (ENOR) has an RSI value of 58.8409. This indicates that the stock is currently neutral.
What is the short term momentum for ENOR stock?
The short term momentum for ISHARES MSCI NORWAY ETF (ENOR) is positive.
Can you provide the buy/sell signal for ISHARES MSCI NORWAY ETF?
The buy/sell signal for ISHARES MSCI NORWAY ETF (ENOR) is buy as both the short term and long term trends are positive.