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STO NEWS why is Statoil Asa price falling or rising

STO NEWS reasons for why stock price of Statoil Asa is falling or rising

STO Statoil Asa is falling or rising technical reasons

Technical analysis forecast of Statoil Asa Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Statoil Asa STO at this time. Stock is rising and might rise more.

It appears as if Statoil Asa STO gave a large move recently.

Stock of Statoil Asa (STO) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Statoil Asa is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Statoil Asa stays above 26.9, but if it comes below 26.9, then a intra day sell could be more profitable.
If you take a sell trade below 26.9, then use 26.9 as stoploss and 26.14 as target. However if you take a buy trade in Statoil Asa, then use 26.9 as stoploss and 27.8 as target.

STO Statoil Asa is falling or rising NEWS fundamental reasons

More announcements and NEWS

STO Statoil Asa current price & indicator signals

Moving Averages for Statoil Asa

  • 5Day Average: 27.17
  • 12Day Average: 26.31
  • 20Day Average: 26.04
  • 50Day Average: 24.73
  • 100Day Average: 23.58
  • 150Day Average: 22.48
  • 200Day Average: 21.59

STO Indicators & signals

Indicator MACD (12,26,9)

26.55, 25.88, 0.57
Indicator MACD is in positive zone

Indicator ADX (14)

37.93, 40, 18
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of STO Statoil Asa are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
16 Wed May 2018 27.14 26.86 to 27.16 -0.66% 0.59 times
15 Tue May 2018 27.32 27.01 to 27.35 0.33% 0.77 times
14 Mon May 2018 27.23 27.02 to 27.34 0.37% 0.83 times
11 Fri May 2018 27.13 27.06 to 27.24 0.33% 1.06 times
10 Thu May 2018 27.04 26.70 to 27.04 1.46% 0.83 times
09 Wed May 2018 26.65 26.34 to 26.76 3.29% 1.33 times
08 Tue May 2018 25.80 25.17 to 25.87 0.62% 1.43 times
07 Mon May 2018 25.64 25.64 to 26.19 -0.16% 1.09 times
04 Fri May 2018 25.68 25.38 to 25.79 0.2% 0.71 times
03 Thu May 2018 25.63 25.28 to 25.64 0.99% 0.54 times
02 Wed May 2018 25.38 25.34 to 25.62 0.99% 1.41 times
01 Tue May 2018 25.13 25.00 to 25.53 -1.84% 0.75 times

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