RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis AI Analysis of EQNR
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Equinor Asa stock price ended at $22.52 on Tuesday, after losing 1.38%
(Updated on Nov 12, 2024)

Sell candidate since Nov 08, 2024 Loss -1.16%

The Equinor Asa stock price fell by -1.38% on the last day (Tuesday, 12th Nov 2024) from $22.83 to $22.52. During the last trading day the stock fluctuated 1.27% from a day low at $22.42 to a day high of $22.70. The price has fallen in 6 of the last 10 days and is down by -9.03% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -862 thousand shares and in total, 4 million shares were bought and sold for approximately $81.31 million.

The stock lies in the lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $22.23 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -12.99% during the next 3 months and, with a 90% probability hold a price between $19.34 and $22.20 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

EQNR Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, November 06, 2024, and so far it has risen 0.202%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Equinor Asa stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $22.94 and $24.60. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Equinor Asa stock

Equinor Asa finds support from accumulated volume at $22.47 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.285 between high and low, or 1.27%. For the last week, the stock has had daily average volatility of 1.67%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (EQNR) For The Upcoming Trading Day Of Wednesday 13th

For the upcoming trading day on Wednesday, 13th we expect Equinor Asa to open at $22.54, and during the day (based on 14 day Average True Range), to move between $21.92 and $23.11, which gives a possible trading interval of +/-$0.598 (+/-2.66%) up or down from last closing price. If Equinor Asa takes out the full calculated possible swing range there will be an estimated 5.31% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $22.47 (0.20%) than the resistance at $22.83 (1.40%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Equinor Asa stock A Buy?

Equinor Asa holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -2.490 Sell Candidate Unchanged

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Predicted Fair Opening Price

Predicted fair opening price on November 13, 2024 - $22.54 ( 0.126%).

Trading levels for EQNR

Fibonacci Support & Resistance Levels

Level Price
R3 22.83 1.39%
R2 22.72 0.91%
R1 22.65 0.609%
Price 22.52
S1 22.43 -0.358%
S2 22.37 -0.656%
S3 22.26 -1.14%

Accumulated Volume Support & Resistance Levels

Level Price
R3 24.86 10.42%
R2 23.48 4.29%
R1 22.83 1.40%
Price 22.52
S1 22.47 -0.201%
S2 0 -
S3 0 -

EQNR Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jul 23, 2024 Nov 19, 2024 Nov 29, 2024 $0.700 3.11%
2 Jul 24, 2024 Aug 19, 2024 Aug 28, 2024 $0.590 2.18%
3 Mar 26, 2024 May 15, 2024 May 28, 2024 $0.700 2.43%
4 Jan 24, 2024 Feb 14, 2024 Feb 27, 2024 $0.90 3.62%
5 Oct 17, 2023 Nov 14, 2023 Nov 28, 2023 $0.600 1.84%

FAQ

What is the symbol for Equinor Asa Stock and on which exchange is it traded?
The symbol for Equinor Asa is EQNR and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Equinor Asa Stock?
Equinor Asa holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy Equinor Asa Stock?
Equinor Asa Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Equinor Asa Stock.

What's the current price of Equinor Asa Stock?
As of the end of day on the Nov 12, 2024, the price of an Equinor Asa (EQNR) share was $22.52.

What is the 52-week high and low for Equinor Asa Stock?
The 52-week high for Equinor Asa Stock is $33.63 and the 52-week low is $22.16.

What is the market capitalization of Equinor Asa Stock?
As of the Nov 12, 2024, the market capitalization of Equinor Asa is 62.372B.

When is the next earnings date for Equinor Asa?
The upcoming earnings date for Equinor Asa is Feb 05, 2025.
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ABOUT EQUINOR ASA
Equinor Asa
Equinor ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products, and other forms of energy in Norway and internationally. It operates through Exploration & Production Norway; Exploration & Production International; Exploration & Production USA; Marketing, Midstream & Processing; Renewables; and Other segments. The company also transports, processes, manufa...
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