While this happened, Redburn Atlantic downgraded its Equinor ASA ADR [EQNR] rating to a Sell from a a Buy in a research note published recently. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who decreased its forecast for the stock in late April from “a Sector perform” to “an Underperform”. HSBC Securities also remained covering EQNR and has increased its forecast on February 10, 2025 with a “Buy” recommendation from previously “Hold” rating. Pareto revised its rating on February 06, 2025. It rated EQNR as “a Buy” which previously was an “a Hold”.
Price Performance Review of EQNR
On Friday, Equinor ASA ADR [NYSE:EQNR] saw its stock fall -1.13% to $22.66. Over the last five days, the stock has lost -2.83%. Equinor ASA ADR shares have fallen nearly -2.90% since the year began. Nevertheless, the stocks have fallen -11.76% over the past one year. While a 52-week high of $28.11 was reached on 04/01/25, a 52-week low of $21.41 was recorded on 04/09/25. SMA at 50 days reached $23.87, while 200 days put it at $24.68.
Levels Of Support And Resistance For EQNR Stock
The 24-hour chart illustrates a support level at 22.50, which if violated will result in even more drops to 22.34. On the upside, there is a resistance level at 22.80. A further resistance level may holdings at 22.95. The Relative Strength Index (RSI) on the 14-day chart is 40.92, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.19, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 48.78%. Stochastics %K at 45.76% indicates the stock is a holding.
How much short interest is there in Equinor ASA ADR?
A steep rise in short interest was recorded in Equinor ASA ADR stocks on 2025-04-15, growing by 2.92 million shares to a total of 21.23 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 18.31 million shares. There was a rise of 13.74%, which implies that there is a positive sentiment for the stock.
