PETRONOR E&P ASA (PNOR.OL) Stock Technical Analysis
OSL:PNOR - Euronext Oslo - NO0012942525 - Common Stock - Currency: NOK
Overall PNOR gets a technical rating of 2 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.
In the last month PNOR has a been trading in the 9.87 - 13.66 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.
PNOR is part of the Oil, Gas & Consumable Fuels industry. There are 59 other stocks in this industry. PNOR outperforms 77% of them.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
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 53% of all stocks.
PNOR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PNOR is lagging the market slightly.
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
9.20
13.61
We found 2 important support areas.
- Support @9.97 from a trend line in the weekly time frame.
- A support zone ranging from 9.29 to 9.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @13.48 from a trend line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for PNOR.OL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PNOR.OL is down. |
| ChartMill Relative Strength | 53.81 | 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) | UP | MIXED | The current price of PNOR.OL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PNOR.OL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 32.36 | NEUTRAL | The RSI value for PNOR.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.46 | NEGATIVE | The MACD value suggests PNOR.OL has a negative trend. |
| Stochastics (14,3) | 5.1 | OVERSOLD | The low Stochastics value suggests PNOR.OL may be oversold. |
| Average True Range in percent/ATR (20) | 4.92 | MEDIUM VOLATILITY | The ATR as a percentage value for PNOR.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 38.27 | 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 (5/28/2025, 7:00:00 PM)
10.16
+0.25 (+2.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.52%
1 Week-20%
2 Weeks-24.52%
1 Month-18.06%
3 Month-2.31%
6 Month1.4%
12 Month7.51%
2 Year1286.08%
3 Year881.64%
5 Year1007.96%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%4.92%
ATR Inc-59.33%
Range Today0.26
ADR(20)0.39
ADR(20)%3.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.81
Mansfield-0.49
10 Day High13.66
10 Day Low9.87
20 Day High13.66
20 Day Low9.87
52 Week High14.38
52 Week Low7.95
CS1 End9.97
CR1 Start13.48
Volume & EV
DER(3)-0.24%
DER(5)-21.75%
Volume380.95K
Volume Incr-42.57%
Vol(5)186.72K
Vol(50)279.55K