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PETRONOR E&P ASA (PNOR.OL) Stock Technical Analysis

OSL:PNOR - Euronext Oslo - NO0012942525 - Common Stock - Currency: NOK

11.3  0 (0%)

Technical Rating and Analysis

4

Overall PNOR gets a technical rating of 4 out of 10. PNOR has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

In the last month PNOR has a been trading in the 10.46 - 11.38 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, PNOR outperforms 51% of them, which is more or less in line with the market.
PNOR is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 64% of 60 stocks in the same industry.
PNOR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PNOR is lagging the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
PETRONOR E&P ASA / PNOR Weekly stock chart
PETRONOR E&P ASA / PNOR Daily stock chart
Setup Rating and Analysis

8

PNOR has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 11.31. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.09, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

9.80

13.45

3 important support areas can be observed.

  • A support zone ranging from 10.91 to 11.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 10.26 to 10.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 9.90 to 9.93. This zone is formed by a combination of multiple trend lines in the daily time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 11.31 to 11.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 13.25 to 13.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for PNOR.OL is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for PNOR.OL is neutral.
ChartMill Relative Strength51.49NEUTRALPNOR.OL is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of PNOR.OL is above the rising SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of PNOR.OL is below a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of PNOR.OL is above the rising SMA(200).
Relative Strength Index/RSI (14)56.59NEUTRALThe RSI value for PNOR.OL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.04POSITIVEThe MACD value suggests PNOR.OL has a positive trend.
Stochastics (14,3)76.36NEUTRALThe Stochastics value for PNOR.OL is a neutral value.
Average True Range in percent/ATR (20)2.65MEDIUM VOLATILITYThe ATR as a percentage value for PNOR.OL suggests some volalility.
Average Directional Index/ADX (14)17.07NEGATIVEThe low ADX value for PNOR.OL suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
PETRONOR E&P ASA / PNOR Daily stock chart

PETRONOR E&P ASA

OSL:PNOR (7/14/2025, 3:30:32 PM)

11.3

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0%
1 Week1.8%
2 Weeks2.73%
1 Month3.1%
3 Month10.14%
6 Month-19.52%
12 Month6.81%
2 Year31.4%
3 Year1111.15%
5 Year1077.08%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%2.65%
ATR Inc-29.67%
Range Today0.06
ADR(20)0.28
ADR(20)%2.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.49
Mansfield-0.14
10 Day High11.38
10 Day Low10.86
20 Day High11.38
20 Day Low10.46
52 Week High14.38
52 Week Low7.95
CS1 End11.09
CR1 Start11.31
Volume & EV
DER(3)-0.05%
DER(5)0.26%
Volume1.98K
Volume Incr-38.97%
Vol(5)175.97K
Vol(50)283.08K