EQUINOR ASA-SPON ADR (EQNR) Stock Technical Analysis
NYSE:EQNR - New York Stock Exchange, Inc. - US29446M1027 - ADR - Currency: USD
Overall EQNR gets a technical rating of 0 out of 10. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
68% of all other stocks performed better in the past year than EQNR.
EQNR is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
EQNR is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
EQNR has an average volume of 4248030 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 212 other stocks in this industry, EQNR did better than 64% of them.
EQNR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 22.46, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EQNR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
21.66
27.39
We found 2 important support areas.
- A support zone ranging from 22.29 to 22.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 21.88 to 21.88. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 4 important resistance areas.
- Resistance @23.26 from a horizontal line in the daily time frame.
- Resistance @25.48 from a trend line in the weekly time frame.
- Resistance @26.03 from a horizontal line in the weekly time frame.
- Resistance @27.12 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.11
Mansfield-0.84
10 Day High23.72
10 Day Low21.96
20 Day High24.27
20 Day Low21.41
52 Week High29.32
52 Week Low21.41
Performance
1 Week2.6%
2 Weeks-0.3%
1 Month-8.79%
3 Month-3.08%
6 Month-0.13%
12 Month-15.18%
2 Year-8.21%
3 Year-38.26%
5 Year59.36%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)48.65
LBB22.28
UBB23.69
23.25
+0.93 (+4.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg4.17%
1 Week2.6%
2 Weeks-0.3%
1 Month-8.79%
3 Month-3.08%
6 Month-0.13%
12 Month-15.18%
2 Year-8.21%
3 Year-38.26%
5 Year59.36%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.58
ATR(20)%3.89%
ATR Inc19.5%
Range Today0.52
ADR(20)0.77
ADR(20)%3.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.11
Mansfield-0.84
10 Day High23.72
10 Day Low21.96
20 Day High24.27
20 Day Low21.41
52 Week High29.32
52 Week Low21.41
CS1 End22.46
CR1 Start23.26
Volume & EV
DER(3)3.57%
DER(5)2.92%
Volume8.04M
Volume Incr52.6%
Vol(5)6.11M
Vol(50)4.25M