PANORO ENERGY ASA (PEN.OL) Technical Analysis
OSL:PEN • NO0010564701
Current stock price
PEN.OL Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to PEN. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PEN is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- PEN is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so PEN is leading the market.
- In the last month PEN has a been trading in the 22.40 - 28.95 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that PEN is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- PEN is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 52% of 83 stocks in the same industry.
- Volume is considerably higher in the last couple of days.
PEN.OL Weekly and Daily overview Charts
PEN.OL Setup Rating and Analysis
PEN has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- 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.
More info and screens
PEN.OL Support and Resistance Analysis
24.49
When analyzing the support we notice one important area.
- Support @24.74 from a trend line in the daily time frame.
PEN.OL Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for PEN.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PEN.OL is up. |
| ChartMill Relative Strength | 83.36 | POSITIVE | PEN.OL has a high relative strength, it outperformed 83.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PEN.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PEN.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PEN.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.13 | OVERBOUGHT | The high RSI value suggests PEN.OL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests PEN.OL has a positive trend. |
| Stochastics (14,3) | 88.15 | OVERBOUGHT | The high Stochastics value suggests PEN.OL may be overbought. |
| Average True Range in percent/ATR (20) | 3.75 | MEDIUM VOLATILITY | The ATR as a percentage value for PEN.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 46.77 | POSITIVE | The high ADX value value for PEN.OL suggests a strong trend. |
PEN.OL Chart- and CandleStick Pattern Analysis
PEN.OL Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 28.96 | 25.99 | 2.97 (10.26%) | 9.75% |
| An entry @28.96. This is a Buy Stop order right above the 10 day high. | An exit @25.99. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.97 points, which is 10.26%. | For a 1.00% total portfolio risk, you can invest 9.75% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PEN.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:PEN (3/13/2026, 7:00:00 PM)
28.65
+0.3 (+1.06%)
PANORO ENERGY ASA / PEN.OL TA FAQ
What is the ChartMill technical rating of PANORO ENERGY ASA (PEN.OL) stock?
ChartMill assigns a technical rating of 9 / 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 Bullish.
Can you provide the RSI signal for PANORO ENERGY ASA?
PANORO ENERGY ASA (PEN.OL) has an RSI value of 77.133. This indicates that the stock is currently overbought.
What is the MACD signal for PEN stock?
The MACD indicator for PANORO ENERGY ASA (PEN.OL) has a value of 0.134549, indicating a bearish trend.
What is the buy/sell signal for PEN stock?
The buy/sell signal for PANORO ENERGY ASA (PEN.OL) is buy as both the short term and long term trends are positive.