While this happened, JP Morgan downgraded its Equinor ASA ADR [EQNR] rating to a Neutral from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in early May has reiterated a ‘”a Hold”‘ rating for it. Redburn Atlantic also remained covering EQNR and has decreased its forecast on April 23, 2025 with a “Sell” recommendation from previously “Buy” rating. RBC Capital Mkts revised its rating on April 22, 2025. It rated EQNR as “an Underperform” which previously was an “a Sector perform”.
Price Performance Review of EQNR
On Friday, Equinor ASA ADR [NYSE:EQNR] saw its stock jump 1.05% to $23.03. Over the last five days, the stock has lost -0.95%. Equinor ASA ADR shares have fallen nearly -1.31% since the year began. Nevertheless, the stocks have fallen -13.48% 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 $23.83, while 200 days put it at $24.48.
Levels Of Support And Resistance For EQNR Stock
The 24-hour chart illustrates a support level at 22.90, which if violated will result in even more drops to 22.77. On the upside, there is a resistance level at 23.18. A further resistance level may holdings at 23.32. The Relative Strength Index (RSI) on the 14-day chart is 47.43, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 39.20%. Stochastics %K at 53.60% indicates the stock is a holding.
