PETRONOR E&P ASA (PNOR.OL) Stock Technical Analysis
Europe - OSL:PNOR - NO0012942525 - Common Stock
Taking everything into account, PNOR scores 0 out of 10 in our technical rating. PNOR'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.
Although the technical rating is bad, PNOR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 10.01, a Stop Loss order could be placed below this zone.
More info and screens
9.35
When analyzing the support we can see 2 important areas.
- A support zone ranging from 9.91 to 10.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.44 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 10.26 to 10.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.57 to 10.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.31 from a horizontal line in the daily time frame.
- Resistance @12.85 from a trend line 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 | DOWN | NEGATIVE | The long term trend for PNOR.OL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PNOR.OL is neutral. |
| ChartMill Relative Strength | 30.09 | NEUTRAL | PNOR.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PNOR.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PNOR.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PNOR.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.05 | NEUTRAL | The RSI value for PNOR.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PNOR.OL has a negative trend. |
| Stochastics (14,3) | 51.16 | NEUTRAL | The Stochastics value for PNOR.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for PNOR.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 19.64 | NEGATIVE | The low ADX value for PNOR.OL suggests a weak or negative trend. |
OSL:PNOR (11/5/2025, 7:00:00 PM)
10.2
-0.06 (-0.58%)
PETRONOR E&P ASA / PNOR.OL FAQ
What is the technical rating for PNOR stock?
ChartMill assigns a technical rating of 0 / 10 to PNOR.OL.
What is the current trend direction of PETRONOR E&P ASA (PNOR.OL) stock?
The current trend direction for PETRONOR E&P ASA (PNOR.OL) is Bearish.
What is the RSI signal for PNOR stock?
PETRONOR E&P ASA (PNOR.OL) has an RSI value of 47.0514. This indicates that the stock is currently neutral.
What is the MACD signal for PETRONOR E&P ASA (PNOR.OL) stock?
The MACD indicator for PETRONOR E&P ASA (PNOR.OL) has a value of -0.00692632, indicating a bearish trend.
What are the support and resistance levels for PETRONOR E&P ASA (PNOR.OL) stock?
PETRONOR E&P ASA (PNOR.OL) has a support level at 10.01 and a resistance level at 10.26. Check the full technical report for our detailed analysis of PNOR.OL support and resistance levels.