PANORO ENERGY ASA (PEN.OL) Stock Technical Analysis
Europe - OSL:PEN - NO0010564701 - Common Stock
Overall PEN gets a technical rating of 0 out of 10. PEN'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.
PEN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for PEN 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
21.48
When analyzing the resistance we notice 3 important areas.
- Resistance @24.05 from a trend line in the daily time frame.
- A resistance zone ranging from 24.50 to 24.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 25.55 to 25.80. 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 | DOWN | NEGATIVE | The long term trend for PEN.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PEN.OL is down. |
| ChartMill Relative Strength | 13.96 | NEGATIVE | PEN.OL has a low relative strength, it was outperformed by 86.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PEN.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PEN.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PEN.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.77 | NEUTRAL | The RSI value for PEN.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests PEN.OL has a positive trend. |
| Stochastics (14,3) | 60.8 | NEUTRAL | The Stochastics value for PEN.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.96 | MEDIUM VOLATILITY | The ATR as a percentage value for PEN.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 21.32 | NEUTRAL | The ADX value for PEN.OL suggests a possible start of a new trend. |
OSL:PEN (10/31/2025, 4:17:52 PM)
21.7
+0.25 (+1.17%)
PANORO ENERGY ASA / PEN.OL FAQ
What is the ChartMill technical rating of PANORO ENERGY ASA (PEN.OL) stock?
ChartMill assigns a technical rating of 0 / 10 to PEN.OL.
Can you provide the trend direction for PANORO ENERGY ASA?
The current trend direction for PANORO ENERGY ASA (PEN.OL) is Bearish.
What is the RSI signal for PEN stock?
PANORO ENERGY ASA (PEN.OL) has an RSI value of 46.7691. This indicates that the stock is currently neutral.
What is the short term momentum for PANORO ENERGY ASA (PEN.OL) stock?
The short term momentum for PANORO ENERGY ASA (PEN.OL) is negative.
What is the support and resistance level for PEN stock?
PANORO ENERGY ASA (PEN.OL) has a resistance level at 24.05. Check the full technical report for our detailed analysis of PEN.OL support and resistance levels.