EQUINOR ASA-SPON ADR (EQNR) Stock Technical Analysis
USA - NYSE:EQNR - US29446M1027 - ADR
Taking everything into account, EQNR scores 5 out of 10 in our technical rating. In the past year, EQNR was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Although the technical rating is only medium, EQNR does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 24.32, 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. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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22.07
When analyzing the support we can see 4 important areas.
- A support zone ranging from 24.05 to 24.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 23.48 to 23.49. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @22.78 from a horizontal line in the weekly time frame.
- A support zone ranging from 22.29 to 22.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 24.27 to 24.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.17 to 25.17. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 25.69 to 25.69. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @26.59 from a trend line in the weekly time frame.
- Resistance @27.12 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 27.77 to 27.83. This zone is formed by a combination of multiple trend lines in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for EQNR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EQNR is up. |
| ChartMill Relative Strength | 45.08 | NEUTRAL | EQNR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EQNR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EQNR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of EQNR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.19 | NEUTRAL | The RSI value for EQNR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests EQNR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.16 | NEUTRAL | The Stochastics value for EQNR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.97 | LOW VOLATILITY | The low ATR as a percentage value for EQNR suggests low volalility. |
| Average Directional Index/ADX (14) | 8.77 | NEGATIVE | The low ADX value for EQNR suggests a weak or negative trend. |
NYSE:EQNR (11/14/2025, 9:58:50 AM)
24.22
+0.19 (+0.79%)
EQUINOR ASA-SPON ADR / EQNR FAQ
What is the ChartMill technical rating of EQUINOR ASA-SPON ADR (EQNR) stock?
ChartMill assigns a technical rating of 5 / 10 to EQNR.
Can you provide the trend direction for EQUINOR ASA-SPON ADR?
The current trend direction for EQUINOR ASA-SPON ADR (EQNR) is Bearish.
Can you provide the RSI signal for EQUINOR ASA-SPON ADR?
EQUINOR ASA-SPON ADR (EQNR) has an RSI value of 53.1865. This indicates that the stock is currently neutral.
Can you provide the short term momentum for EQUINOR ASA-SPON ADR?
The short term momentum for EQUINOR ASA-SPON ADR (EQNR) is positive.
What is the support and resistance level for EQNR stock?
EQUINOR ASA-SPON ADR (EQNR) has a support level at 24.32 and a resistance level at 24.42. Check the full technical report for our detailed analysis of EQNR support and resistance levels.