PETRONOR E&P ASA (PNOR.OL) Stock Technical Analysis
OSL:PNOR • NO0012942525
Overall PNOR gets a technical rating of 0 out of 10. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, PNOR is a bad performer in the overall market: 77% of all stocks are doing better.
- PNOR is part of the Oil, Gas & Consumable Fuels industry. There are 71 other stocks in this industry, of which 64% are performing better than PNOR.
- PNOR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month PNOR has a been trading in the 9.80 - 11.12 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
The technical rating of PNOR is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.69
We found 1 important support area.
- A support zone ranging from 9.79 to 9.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @9.98 from a horizontal line in the daily time frame.
- A resistance zone ranging from 10.57 to 10.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.99 from a horizontal line in the daily time frame.
- Resistance @11.64 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 | DOWN | NEGATIVE | The short term trend for PNOR.OL is down. |
| ChartMill Relative Strength | 23.02 | NEGATIVE | PNOR.OL has a low relative strength, it was outperformed by 76.98% off all stocks 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) | 39.04 | NEUTRAL | The RSI value for PNOR.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests PNOR.OL has a negative trend. |
| Stochastics (14,3) | 7.16 | OVERSOLD | The low Stochastics value suggests PNOR.OL may be oversold. |
| Average True Range in percent/ATR (20) | 2.55 | MEDIUM VOLATILITY | The ATR as a percentage value for PNOR.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 17.56 | NEGATIVE | The low ADX value for PNOR.OL suggests a weak or negative trend. |
OSL:PNOR (2/27/2026, 7:00:00 PM)
9.92
+0.12 (+1.22%)
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 trend direction for PNOR 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 39.0406. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PETRONOR E&P ASA?
The MACD indicator for PETRONOR E&P ASA (PNOR.OL) has a value of -0.048183, indicating a bearish trend.
Can you provide the buy/sell signal for PETRONOR E&P ASA?
The buy/sell signal for PETRONOR E&P ASA (PNOR.OL) is sell as both the short term and long term trends are negative.