EQUINOR ASA (EQNR.OL) Stock Technical Analysis
OSL:EQNR - Euronext Oslo - NO0010096985 - Common Stock - Currency: NOK
Taking everything into account, EQNR scores 1 out of 10 in our technical rating. EQNR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, EQNR is a bad performer in the overall market: 81% of all stocks are doing better.
EQNR is currently trading in the lower part 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.
In the last month EQNR has a been trading in the 233.00 - 249.90 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
EQNR has an average volume of 2945630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
EQNR is part of the Oil, Gas & Consumable Fuels industry. There are 59 other stocks in this industry, EQNR did better than 58% of them.
Although the technical rating is bad, EQNR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 247.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 237.50, a Stop Loss order could be placed below this zone.
More info and screens
233.93
284.32
We found 1 important support area.
- A support zone ranging from 236.29 to 237.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 247.11 to 250.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @256.83 from a trend line in the weekly time frame.
- A resistance zone ranging from 266.71 to 268.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @273.61 from a horizontal line in the weekly time frame.
- Resistance @281.50 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for EQNR.OL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EQNR.OL is neutral. |
| ChartMill Relative Strength | 19.45 | NEGATIVE | EQNR.OL has a low relative strength, it was outperformed by 80.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EQNR.OL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EQNR.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EQNR.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.57 | NEUTRAL | The RSI value for EQNR.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.73 | POSITIVE | The MACD value suggests EQNR.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.62 | NEUTRAL | The Stochastics value for EQNR.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for EQNR.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 13.28 | NEGATIVE | The low ADX value for EQNR.OL 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)
OSL:EQNR (5/30/2025, 7:00:00 PM)
239.5
-5 (-2.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.04%
1 Week0.76%
2 Weeks-0.66%
1 Month0.67%
3 Month-6.95%
6 Month-10.37%
12 Month-20.92%
2 Year-15.59%
3 Year-33.58%
5 Year69.68%
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.88
ATR(20)%2.45%
ATR Inc-4.86%
Range Today5.3
ADR(20)5.19
ADR(20)%2.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.45
Mansfield-1.41
10 Day High249.9
10 Day Low236.1
20 Day High249.9
20 Day Low233
52 Week High311.2
52 Week Low233
CS1 End237.5
CR1 Start247.11
Volume & EV
DER(3)-1.93%
DER(5)-1.53%
Volume8.69M
Volume Incr-22.64%
Vol(5)2.29M
Vol(50)2.95M