EQUILLIUM INC (EQ) Stock Technical Analysis
NASDAQ:EQ - Nasdaq - US29446K1060 - Common Stock - Currency: USD
Overall EQ gets a technical rating of 8 out of 10. In the last year, EQ was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
EQ is part of the Biotechnology industry. There are 550 other stocks in this industry. EQ outperforms 95% of them.
In the last month EQ has a been trading in the 0.36 - 1.36 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
EQ has an average volume of 9617970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that EQ is one of the better performing stocks in the market, outperforming 97% of all stocks. However, this relatively good performance is mostly due to a recent big move.
EQ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EQ is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although EQ has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.13
1.15
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for EQ is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EQ is up. |
| ChartMill Relative Strength | 97.59 | POSITIVE | EQ has a high relative strength, it outperformed 97.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EQ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EQ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of EQ is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 77.36 | OVERBOUGHT | The high RSI value suggests EQ may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests EQ has a positive trend. |
| Stochastics (14,3) | 65.32 | NEUTRAL | The Stochastics value for EQ is a neutral value. |
| Average True Range in percent/ATR (20) | 17.29 | HIGH VOLATILITY | The high ATR as a percentage value for EQ suggests high volalility. |
| Average Directional Index/ADX (14) | 60.35 | POSITIVE | The high ADX value value for EQ suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
1.14
+0.16 (+16.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg16.31%
1 Week130.21%
2 Weeks60.56%
1 Month174.63%
3 Month204.81%
6 Month21.32%
12 Month45.2%
2 Year40.74%
3 Year-58.09%
5 Year-80.65%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%17.29%
ATR Inc25.55%
Range Today0.31
ADR(20)0.18
ADR(20)%15.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.59
Mansfield5.44
10 Day High1.25
10 Day Low0.46
20 Day High1.36
20 Day Low0.36
52 Week High1.5
52 Week Low0.27
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)11.18%
DER(5)5.25%
Volume5.58M
Volume Incr548.12%
Vol(5)54.05M
Vol(50)9.62M