
Technical analysis of Equinor ASA (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
Equinor ASA is an energy company headquartered in Stavanger, Norway, engaged in the discovery, development and operation of oil and gas resources, as well as the marketing, transportation and processing of these commodities. The company also invests in renewable energy solutions, including offshore wind, green hydrogen and solar power.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for September 3, 2026, computed on the last 12 months of prices.
21 sessions
390.89
+0.69%
50 sessions
367.45
+7.12%
200 sessions
313.80
+25.43%
s2
393.67
Support
s1
397.23
Support
pivot
401.17
Pivot
r1
404.73
Resistance
r2
408.67
Resistance
In the September 3, 2026 session Equinor ASA closed lower at 393.60 , −1.80% versus the previous session.
The price sits above every moving average observed: +0.69% against the 21-session average, +7.12% against the 50 and +25.43% against the 200.
The 14-period RSI reads 55.2, in neutral territory.
MACD stands at 8.057 against a signal line at 8.802: the histogram is negative (−0.745).
ADX reads 33.0, indicating a marked directionality.
Levels computed on the latest session place supports at 397.23 and 393.67 and resistances at 404.73 and 408.67 , around a pivot of 401.17.
The average daily range (ATR) is 9.699 , or 2.46% of price.
Turnover was 2.2M shares, 93% of the 20-session average.
Over the last twelve months the price ranged between 301.80 and 416.10 , and today stands −5.41% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is Equinor ASA analysed technically?
Technical analysis of Equinor ASA is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Equinor ASA?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Equinor ASA?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Equinor ASA it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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