ISHARES MSCI NORWAY ETF (ENOR) Stock Technical Analysis
NYSEARCA:ENOR - NYSE Arca - US46429B4995 - ETF - Currency: USD
Overall ENOR gets a technical rating of 7 out of 10. Both in the recent history as in the last year, ENOR has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: ENOR has an average volume of 22222 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that ENOR is one of the better performing stocks in the market, outperforming 70% of all stocks.
ENOR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ENOR is lagging the market slightly.
In the last month ENOR has a been trading in a tight range between 27.04 and 28.25.
Although ENOR has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
21.67
28.27
We found 4 important support areas.
- A support zone ranging from 27.15 to 27.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.83 to 23.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.53 from a horizontal line in the weekly time frame.
- A support zone ranging from 21.89 to 21.92. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The short term trend for ENOR is neutral. |
| ChartMill Relative Strength | 70.46 | POSITIVE | ENOR has a high relative strength, it outperformed 70.46% 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) | 55.94 | NEUTRAL | The RSI value for ENOR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ENOR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 59.11 | NEUTRAL | The Stochastics value for ENOR is a neutral value. |
| 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) | 15.56 | NEGATIVE | The low ADX value for ENOR suggests a weak or negative trend. |
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)
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 |
|---|---|---|---|
| 28.16 | 27.03 | 1.13 (4.01%) | 24.95% |
| An entry @28.16. This is a Buy Stop order right above the 10 day high. | An exit @27.03. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.13 points, which is 4.01%. | When investing 24.95% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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 (7/24/2025, 11:10:09 AM)
27.99
-0.13 (-0.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.46%
1 Week2.4%
2 Weeks0.18%
1 Month2.11%
3 Month12.35%
6 Month18.67%
12 Month17.3%
2 Year17.37%
3 Year4.26%
5 Year37.17%
10 Year23.88%
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%1.08%
ATR Inc41.11%
Range Today0.12
ADR(20)0.22
ADR(20)%0.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.46
Mansfield0.32
10 Day High28.15
10 Day Low27.04
20 Day High28.25
20 Day Low27.04
52 Week High29.28
52 Week Low21.75
CS1 End27.79
CR1 StartN/A
Volume & EV
DER(3)3.31%
DER(5)2.91%
Volume5.22K
Volume Incr-27.71%
Vol(5)16.16K
Vol(50)22.22K