PETRONOR E&P ASA (PNOR.OL) Stock Technical Analysis
OSL:PNOR - NO0012942525 - Common Stock
10.25 NOK
+0.01 (+0.1%)
Overall PNOR gets a technical rating of 1 out of 10. PNOR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
In the last month PNOR has a been trading in the 10.08 - 10.90 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
PNOR is part of the Oil, Gas & Consumable Fuels industry. There are 63 other stocks in this industry. PNOR outperforms 70% of them.
When comparing the performance of all stocks over the past year, PNOR turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
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.
Although the technical rating is bad, PNOR does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for PNOR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
9.59
13.20
We found 2 important support areas.
- Support @10.23 from a horizontal line in the weekly time frame.
- Support @9.69 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 10.37 to 10.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 10.69 to 10.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.31 to 11.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 12.93 to 13.07. 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 | 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 | 49.77 | 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) | 40.16 | NEUTRAL | The RSI value for PNOR.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests PNOR.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.41 | OVERSOLD | The low Stochastics value suggests PNOR.OL may be oversold. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for PNOR.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 28.9 | POSITIVE | The high ADX value value for PNOR.OL suggests a strong trend. |
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)
OSL:PNOR (9/10/2025, 3:42:25 PM)
10.25
+0.01 (+0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.1%
1 Week-1.82%
2 Weeks-2.94%
1 Month-2.94%
3 Month-6.48%
6 Month3.96%
12 Month18.91%
2 Year21.73%
3 Year1214.1%
5 Year688.46%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%1.96%
ATR Inc7.69%
Range Today0.14
ADR(20)0.19
ADR(20)%1.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.77
Mansfield-1.37
10 Day High10.64
10 Day Low10.08
20 Day High10.9
20 Day Low10.08
52 Week High14.38
52 Week Low7.95
CS1 End10.23
CR1 Start10.37
Volume & EV
DER(3)4.55%
DER(5)2.53%
Volume11.83K
Volume Incr-8.05%
Vol(5)109.77K
Vol(50)118.69K