
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Description generated automatically from public sources; it may be inaccurate or out of date.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 October 15, 2026, computed on the last 12 months of prices.
21 sessions
411.66
+5.09%
50 sessions
404.23
+7.02%
200 sessions
341.68
+26.61%
s2
423.93
Support
s1
426.97
Support
pivot
429.43
Pivot
r1
432.47
Resistance
r2
434.93
Resistance
In the October 15, 2026 session Equinor ASA closed higher at 432.60 , +0.60% versus the previous session.
The price sits above every moving average observed: +5.09% against the 21-session average, +7.02% against the 50 and +26.61% against the 200.
The 14-period RSI reads 65.8, in neutral territory.
MACD stands at 7.309 against a signal line at 4.986: the histogram is positive (+2.323).
ADX reads 18.8, indicating weak directionality.
Levels computed on the latest session place supports at 426.97 and 423.93 and resistances at 432.47 and 434.93 , around a pivot of 429.43.
The average daily range (ATR) is 10.219 , or 2.36% of price.
Turnover was 2.1M shares, 89% of the 20-session average.
Over the last twelve months the price ranged between 301.80 and 435.80 , and today stands −0.73% 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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