PETRONOR E&P ASA (PNOR.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:PNOR - NO0012942525 - Common Stock
We assign a technical rating of 6 out of 10 to PNOR. PNOR has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
PNOR has an average technical rating and also the quality of the setup is only medium 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
9.81
We found 2 important support areas.
- A support zone ranging from 10.27 to 10.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.91 to 9.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for PNOR.OL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PNOR.OL is up. |
| ChartMill Relative Strength | 17.15 | NEGATIVE | PNOR.OL has a low relative strength, it was outperformed by 82.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PNOR.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PNOR.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PNOR.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.42 | NEUTRAL | The RSI value for PNOR.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests PNOR.OL has a positive trend. |
| Stochastics (14,3) | 83.19 | OVERBOUGHT | The high Stochastics value suggests PNOR.OL may be overbought. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for PNOR.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 15.81 | NEGATIVE | The low ADX value for PNOR.OL suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 11.15 | 10.31 | 0.84 (7.53%) | 13.27% |
| An entry @11.15. This is a Buy Stop order right above the 10 day high. | An exit @10.31. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.84 points, which is 7.53%. | For a 1.00% total portfolio risk, you can invest 13.27% 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.
OSL:PNOR (1/9/2026, 7:00:00 PM)
11.1
+0.3 (+2.78%)
PETRONOR E&P ASA / PNOR.OL FAQ
What is the technical rating for PNOR stock?
ChartMill assigns a technical rating of 6 / 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 65.4183. 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 0.0522186, indicating a bearish trend.