EQNR in Stage 2 Uptrend, 7 of 8 Trend Checks Passed near 52-Week Highs

Posted on by Eben@CANSLIM Research
EQNR stock profile infographic with daily candles, 20, 50 and 150-day simple moving averages and volume, Stage 2 (Advancing), as of October 23, 2026 at 00:28 — CANSLIM Research

EQNR is trading at 45.78 in a confirmed Stage 2 advancing phase, holding above a rising 30-week moving average with a 3.74 percent six-week slope. The stock sits just 2.6 percent off its 52-week high and 111.2 percent above its 52-week low, passing 7 of 8 trend template checks, though the relative strength line is not yet at a three-month high. With no base formed and the stock pressing against a 46.98 pivot, sentiment reads bullish as an offensive setup remains in place.

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