EQUINOR ASA (EQNR.OL) Stock Technical Analysis
OSL:EQNR - Euronext Oslo - NO0010096985 - Common Stock - Currency: NOK
We assign a technical rating of 7 out of 10 to EQNR. EQNR has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month EQNR has a been trading in the 236.10 - 285.90 range, which is quite wide. It is currently trading near the high of this range.
EQNR has an average volume of 3329910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, EQNR outperforms 41% of them, which is more or less in line with the market.
EQNR is part of the Oil, Gas & Consumable Fuels industry. There are 61 other stocks in this industry, EQNR did better than 65% of them.
EQNR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EQNR is lagging the market slightly.
Although EQNR has an excellent technical rating, it does not offer a high quality setup 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
235.13
290.12
When analyzing the support we notice one important area.
- A support zone ranging from 237.50 to 239.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 280.81 to 287.25. 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 | NEUTRAL | NEUTRAL | The long term trend for EQNR.OL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EQNR.OL is up. |
| ChartMill Relative Strength | 41.58 | NEUTRAL | EQNR.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EQNR.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EQNR.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of EQNR.OL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.46 | OVERBOUGHT | The high RSI value suggests EQNR.OL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.68 | POSITIVE | The MACD value suggests EQNR.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.91 | OVERBOUGHT | The high Stochastics value suggests EQNR.OL may be overbought. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for EQNR.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 27.58 | POSITIVE | The high ADX value value for EQNR.OL suggests a strong 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)
OSL:EQNR (6/20/2025, 7:00:00 PM)
280.8
-5.1 (-1.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.78%
1 Week2.74%
2 Weeks15.03%
1 Month14.75%
3 Month3.67%
6 Month10.36%
12 Month-4.13%
2 Year-10.03%
3 Year-18.03%
5 Year105.56%
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.6
ATR(20)%2.26%
ATR Inc41.46%
Range Today6.9
ADR(20)5.42
ADR(20)%1.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.58
Mansfield0.12
10 Day High285.9
10 Day Low243.8
20 Day High285.9
20 Day Low236.1
52 Week High309.85
52 Week Low233
CS1 End239.49
CR1 Start280.81
Volume & EV
DER(3)-0.46%
DER(5)-0.27%
Volume8.60M
Volume Incr30.19%
Vol(5)4.35M
Vol(50)3.33M