Equinor Stock Technical Analysis

EQNR
 Stock
  

USD 32.54  0.23  0.71%   

As of the 26th of June, Equinor ASA shows the Coefficient Of Variation of 1361.87, downside deviation of 2.37, and Mean Deviation of 1.8. Equinor ASA ADR technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Equinor ASA ADR, which can be compared to its rivals. Please confirm Equinor ASA ADR information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Equinor ASA ADR is priced favorably, providing market reflects its regular price of 32.54 per share. Given that Equinor ASA has jensen alpha of 0.1898, we urge you to verify Equinor ASA ADR's prevailing market performance to make sure the company can sustain itself at a future point.
  
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Equinor ASA Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Equinor, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Equinor
Equinor ASA's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Equinor ASA Analyst Consensus

Target PriceAdvice# of Analysts
30.43Hold3Odds
Equinor ASA ADR current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Equinor analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Equinor stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Equinor ASA ADR, talking to its executives and customers, or listening to Equinor conference calls.
Equinor Analyst Advice Details
Equinor ASA technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Equinor ASA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Equinor ASA trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Equinor ASA ADR Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was thirty-six with a total number of output elements of two hundred twenty-three. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Equinor ASA ADR volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Equinor ASA ADR Trend Analysis

Use this graph to draw trend lines for Equinor ASA ADR. You can use it to identify possible trend reversals for Equinor ASA as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Equinor ASA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Equinor ASA Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Equinor ASA ADR applied against its price change over selected period. The best fit line has a slop of   0.07  , which means Equinor ASA ADR will continue generating value for investors. It has 518 observation points and a regression sum of squares at 16140.95, which is the sum of squared deviations for the predicted Equinor ASA price change compared to its average price change.

About Equinor ASA Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Equinor ASA ADR on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Equinor ASA ADR based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Equinor ASA ADR stock first instead of the macroeconomic environment surrounding Equinor ASA ADR. By analyzing Equinor ASA's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Equinor ASA's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Equinor ASA specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2019 2020 2021 2022 (projected)
Book Value per Share12.3710.3612.0212.96
Asset Turnover0.550.380.670.64

Equinor ASA June 26, 2022 Technical Indicators

Most technical analysis of Equinor help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Equinor from various momentum indicators to cycle indicators. When you analyze Equinor charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Continue to Investing Opportunities. Note that the Equinor ASA ADR information on this page should be used as a complementary analysis to other Equinor ASA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Bond Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for Equinor Stock analysis

When running Equinor ASA ADR price analysis, check to measure Equinor ASA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Equinor ASA is operating at the current time. Most of Equinor ASA's value examination focuses on studying past and present price action to predict the probability of Equinor ASA's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Equinor ASA's price. Additionally, you may evaluate how the addition of Equinor ASA to your portfolios can decrease your overall portfolio volatility.
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Is Equinor ASA's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Equinor ASA. If investors know Equinor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Equinor ASA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
1.56
Market Capitalization
108.4 B
Quarterly Revenue Growth YOY
1.24
Return On Assets
0.2
Return On Equity
0.29
The market value of Equinor ASA ADR is measured differently than its book value, which is the value of Equinor that is recorded on the company's balance sheet. Investors also form their own opinion of Equinor ASA's value that differs from its market value or its book value, called intrinsic value, which is Equinor ASA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Equinor ASA's market value can be influenced by many factors that don't directly affect Equinor ASA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Equinor ASA's value and its price as these two are different measures arrived at by different means. Investors typically determine Equinor ASA value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equinor ASA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.