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EQUINOR ASA
EQUINOR ASA
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: EQNR
ISIN:

EQUINOR ASA - 1H - Technical analysis published on 10/04/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
56%
6%
39%
My opinion
Bullish above 26.26 USD
My targets
27.29 USD (+2.02%)
27.78 USD (+3.85%)
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 26.26 USD. The next resistance located at 27.29 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 27.78 USD. After this resistance, buyers could then target 28.76 USD. 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
0
10
7.7

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.

chookich
This analysis was given by chookich. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The EQUINOR ASA rating is 26.75 USD. On the day, this instrument gained +0.60% with the lowest point at 26.29 USD and the highest point at 26.77 USD. The deviation from the price is +1.75% for the low point and -0.07% for the high point.

26.29
26.77
26.75

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by EQUINOR ASA:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of EQUINOR ASA indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Near resistance of channel

Type : Bearish

Timeframe : 1 hour


Near resistance of triangle

Type : Bearish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 25.79 26.26 26.71 26.75 27.29 27.78 28.76
Change (%) -3.59% -1.83% -0.15% - +2.02% +3.85% +7.51%
Change -0.96 -0.49 -0.04 - +0.54 +1.03 +2.01
Level Major Minor Major - Minor Intermediate Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard25.9626.1226.4426.6026.9227.0827.40
Camarilla26.6226.6626.7126.7526.7926.8426.88
Woodie26.0326.1626.5126.6426.9927.1227.47
Fibonacci26.1226.3126.4226.6026.7926.9027.08


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard22.3623.1924.0924.9225.8226.6527.55
Camarilla24.5124.6724.8324.9925.1525.3125.47
Woodie22.4023.2124.1324.9425.8626.6727.59
Fibonacci23.1923.8524.2624.9225.5825.9926.65


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard22.4023.2124.2725.0826.1426.9528.01
Camarilla24.8224.9925.1625.3325.5025.6725.84
Woodie22.5323.2724.4025.1426.2727.0128.14
Fibonacci23.2123.9224.3725.0825.7926.2426.95

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 70.21
MACD (12,26,9): 0.3600
Directional Movement: 27.00
AROON (14): 14.29
DEMA (21): 26.80
Parabolic SAR (0,02-0,02-0,2): 26.29
Elder Ray (13): 0.19
Super Trend (3,10): 26.14
Zig ZAG (10): 26.75
VORTEX (21): 1.1600
Stochastique (14,3,5): 93.93
TEMA (21): 26.91
Williams %R (14): -5.83
Chande Momentum Oscillator (20): 0.22
Repulse (5,40,3): 0.7500
ROCnROLL: 1
TRIX (15,9): 0.2200
Courbe Coppock: 4.88
MA7: 25.52
MA20: 25.15
MA50: 25.97
MA100: 26.73
MAexp7: 26.66
MAexp20: 26.32
MAexp50: 25.79
MAexp100: 25.54
Price / MA7: +4.82%
Price / MA20: +6.36%
Price / MA50: +3.00%
Price / MA100: +0.07%
Price / MAexp7: +0.34%
Price / MAexp20: +1.63%
Price / MAexp50: +3.72%
Price / MAexp100: +4.74%

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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Londinia AI

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