EQUINOR ASA

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	EQNR
ISIN:

EQUINOR ASA - Daily - Technical analysis published on 03/27/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

17%

My opinion

Bullish above 35.56 USD

My targets

38.78 USD (+2.84%)

My analysis

EQUINOR ASA is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 35.56 USD. The next resistance located at 38.78 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.8

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by baltbach. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The EQUINOR ASA price is 37.71 USD. The price registered an increase of +2.50% on the session with the lowest point at 36.95 USD and the highest point at 37.81 USD. The deviation from the price is +2.06% for the low point and -0.26% for the high point.

36.95

37.81

37.71

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this EQUINOR ASA chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	24.65	28.26	32.02	37.71
Change (%)	-34.63%	-25.06%	-15.09%	-
Change	-13.06	-9.45	-5.69	-
Level	Major	Minor	Major	-

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	36.31	36.63	37.17	37.49	38.03	38.35	38.89
Camarilla	37.47	37.55	37.63	37.71	37.79	37.87	37.95
Woodie	36.42	36.69	37.28	37.55	38.14	38.41	39.00
Fibonacci	36.63	36.96	37.16	37.49	37.82	38.02	38.35

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	33.96	34.75	36.23	37.02	38.50	39.29	40.77
Camarilla	37.09	37.29	37.50	37.71	37.92	38.13	38.33
Woodie	34.31	34.92	36.58	37.19	38.85	39.46	41.12
Fibonacci	34.75	35.62	36.15	37.02	37.89	38.42	39.29

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	22.97	25.02	28.24	30.29	33.51	35.56	38.78
Camarilla	30.01	30.49	30.98	31.46	31.94	32.43	32.91
Woodie	23.56	25.31	28.83	30.58	34.10	35.85	39.37
Fibonacci	25.02	27.03	28.28	30.29	32.30	33.55	35.56

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	75.71
MACD (12,26,9):	1.6400
Directional Movement:	31.83
AROON (14):	57.14
DEMA (21):	36.20
Parabolic SAR (0,02-0,02-0,2):	33.16
Elder Ray (13):	2.35
Super Trend (3,10):	33.88
Zig ZAG (10):	37.71
VORTEX (21):	1.0400
Stochastique (14,3,5):	96.22
TEMA (21):	36.82
Williams %R (14):	-1.45
Chande Momentum Oscillator (20):	4.49
Repulse (5,40,3):	3.3300
ROCnROLL:	1
TRIX (15,9):	0.5900
Courbe Coppock:	17.34

MA7:	36.06
MA20:	34.00
MA50:	31.15
MA100:	28.70
MAexp7:	36.10
MAexp20:	34.15
MAexp50:	31.75
MAexp100:	29.45
Price / MA7:	+4.58%
Price / MA20:	+10.91%
Price / MA50:	+21.06%
Price / MA100:	+31.39%
Price / MAexp7:	+4.46%
Price / MAexp20:	+10.42%
Price / MAexp50:	+18.77%
Price / MAexp100:	+28.05%

Quotes : - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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