Bullish Case: Recent mean reversion and price stabilization indicate possible upward trend, supported by higher bullish risk vs. bearish risk and a modest uptick in price over recent days.


Bearish Case: Recent negative trends, low trading volume and flat term structure signal ongoing bearish sentiment, suggesting a potential for further price decline and volatility reduction.


Potential Outcomes:

1. Mean reversion continues pushing price up (~30% probability).

2. Flat term structure implies neutral to slight downtrend persists (~35%).

3. Bearish sentiment leads to further declines (~35%).


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April 09, 2024


Equinor ASA - Forecast

EQNR        Equinor ASA -
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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