EQUILLIUM INC (EQ) Stock Technical Analysis
NASDAQ:EQ - US29446K1060 - Common Stock
1.91 USD
+0.16 (+9.14%)
1.94 USD
+0.03 (+1.57%)
We assign a technical rating of 9 out of 10 to EQ. Both in the recent history as in the last year, EQ has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
EQ is one of the better performing stocks in the Biotechnology industry, it outperforms 98% of 542 stocks in the same industry.
A new 52 week high is currently being made by EQ, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month EQ has a been trading in the 0.46 - 2.35 range, which is quite wide. It is currently trading near the high of this range.
EQ has an average volume of 9897870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, EQ did better than 99% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Considerably lower volume is observed in the last couple of days.
Although EQ has an excellent technical rating, the quality of the presented setup is not ideal 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
1.70
1.94
When analyzing the support we notice one important area.
- A support zone ranging from 1.72 to 1.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @1.92 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for EQ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EQ is up. |
| ChartMill Relative Strength | 99.12 | POSITIVE | EQ has a high relative strength, it outperformed 99.12% 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) | UP | POSITIVE | The current price of EQ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.45 | OVERBOUGHT | The high RSI value suggests EQ may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests EQ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.93 | NEUTRAL | The Stochastics value for EQ is a neutral value. |
| Average True Range in percent/ATR (20) | 17.47 | HIGH VOLATILITY | The high ATR as a percentage value for EQ suggests high volalility. |
| Average Directional Index/ADX (14) | 69.19 | 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)
1.91
+0.16 (+9.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg9.14%
1 Week4.95%
2 Weeks22.44%
1 Month245.39%
3 Month402.63%
6 Month139.95%
12 Month106.26%
2 Year158.11%
3 Year-13.96%
5 Year-66.9%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%17.47%
ATR Inc26.08%
Range Today0.62
ADR(20)0.32
ADR(20)%16.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.12
Mansfield14.47
10 Day High2.35
10 Day Low1.5
20 Day High2.35
20 Day Low0.46
52 Week High2.35
52 Week Low0.27
CS1 End1.74
CR1 Start1.92
Volume & EV
DER(3)-0.29%
DER(5)-2.18%
Volume7.31M
Volume Incr-89.31%
Vol(5)2.51M
Vol(50)9.90M