PANORO ENERGY ASA (PEN.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:PEN - NO0010564701 - Common Stock
Taking everything into account, PEN scores 0 out of 10 in our technical rating. 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. There is a support zone below the current price at 19.04, a Stop Loss order could be placed below this zone.
More info and screens
18.83
We found 1 important support area.
- A support zone ranging from 19.02 to 19.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 19.60 to 20.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.85 to 22.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @23.02 from a trend line in the weekly time frame.
- Resistance @25.55 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 PEN.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PEN.OL is down. |
| ChartMill Relative Strength | 6.96 | NEGATIVE | PEN.OL has a low relative strength, it was outperformed by 93.04% 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) | 42.66 | NEUTRAL | The RSI value for PEN.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests PEN.OL has a negative trend. |
| Stochastics (14,3) | 17.39 | OVERSOLD | The low Stochastics value suggests PEN.OL may be oversold. |
| Average True Range in percent/ATR (20) | 2.57 | MEDIUM VOLATILITY | The ATR as a percentage value for PEN.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 13.78 | NEGATIVE | The low ADX value for PEN.OL suggests a weak or negative trend. |
OSL:PEN (1/9/2026, 7:00:00 PM)
19.26
+0.24 (+1.26%)
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.
What is the current trend direction of PANORO ENERGY ASA (PEN.OL) stock?
The current trend direction for PANORO ENERGY ASA (PEN.OL) is Bearish.
Can you provide the RSI signal for PANORO ENERGY ASA?
PANORO ENERGY ASA (PEN.OL) has an RSI value of 42.6579. This indicates that the stock is currently neutral.
What is the MACD signal for PEN stock?
The MACD indicator for PANORO ENERGY ASA (PEN.OL) has a value of -0.0298775, indicating a bearish trend.
What is the buy/sell signal for PEN stock?
The buy/sell signal for PANORO ENERGY ASA (PEN.OL) is sell as both the short term and long term trends are negative.