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Takip Edin: @UscMarketsEQNR Stock Forecast & Equinor ASA Chart Analysis
This article provides a detailed analysis of EQNR-Equinor ASA stock including a forecast for EQNR shares. It features Equinor ASA technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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EQNR Historical Data Review
EQNR Current Price Performance Analysis
The Equinor ASA - EQNR stock traded on the American stock market, on 06-05-2024, closed at 27.76$ with no change compared to the previous day.
In the last month, the price of EQNR changed by %-0.79 decreased in value, from 27.98 dollars on 05-06-2024 to 27.76 dollars, decreased.
Last year, the price of EQNR was 26.94 dollars on 06-06-2023, and changed by %3.04 increased in value, to 27.76 dollars increased within a year.
The price of Equinor ASA stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
EQNR with AI Stock Forecast & Price Target
On the EQNR chart Equinor ASA price was recorded as 27.76 Dollars on 06/05/2024.
The artificial intelligence's forecast on EQNR stock is as follows.
The artificial intelligence's prediction error margin for EQNR stock is high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Equinor ASA stock over the next 4 months is: 21.9 Dollars.
The commentary on EQNR stock Target Price: Highest: 26.034 Dollars is predicted.
The commentary on EQNR stock Target Price: Lowest: 20.142 Dollars is predicted.
Resistance Price where Equinor ASA stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-30-2024 | 21.872 |
| 09-23-2024 | 21.723 |
| 02-20-2025 | 23.457 |
| 04-01-2025 | 22.363 |
Support Price where Equinor ASA stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 07-15-2024 | 21.588 |
| 08-29-2024 | 21.336 |
| 10-28-2024 | 20.142 |
| 03-27-2025 | 22.361 |
The commentary on EQNR stock: Fluctuations in the target price can be expected in the coming days.
The target price for Equinor ASA stock by the end of 2024 is predicted to be 21.465 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on EQNR stock, and the 2024 target price predictions for Equinor ASA are detailed above.
The technical analysis and charts for the commentary on EQNR stock are below.
EQNR Support & Resistance and Trend Analysis
EQNR stock you have reviewed the technical analysis support resistance charts regarding.
EQNR : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the EQNR review, the Equinor ASA support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Equinor ASA Support and Resistance Prices:
| EQNR Support Level Price | EQNR Resistance Level Price |
|---|---|
| 24.44 | 26.06 |
| 24.50 | 28.31 |
| 26.32 | 28.89 |
| 27.33 | 29.27 |
| 27.58 | 29.32 |
| 27.68 | 29.49 |
| 29.72 | 32.66 |
| 30.63 | 33.24 |
| 31.33 | 33.63 |
EQNR Technical Analysis: SMA, RSI, MACD
Upon reviewing the EQNR chart, buy and sell signals have been generated in the Equinor ASA technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for EQNR stock are as follows:- The technical analysis for EQNR indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for EQNR indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Equinor ASA issued a 'Buy' signal when the MACD was at 0.307, with the current MACD value being: 0.156
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Equinor ASA stock: Click here to read more predictions on Enbridge stock.
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