EQUILLIUM INC (EQ) Technical Analysis
NASDAQ:EQ • US29446K1060
Current stock price
EQ Technical Rating and Analysis
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 part of the Biotechnology industry. There are 517 other stocks in this industry. EQ outperforms 91% of them.
- EQ is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so EQ is performing more or less in line with the market.
- When comparing the yearly performance of all stocks, we notice that EQ is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- In the last month EQ has a been trading in the 1.62 - 2.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
EQ Weekly and Daily overview Charts
EQ Setup Rating and Analysis
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
EQ Support and Resistance Analysis
1.20
3 important support areas can be observed.
- A support zone ranging from 2.10 to 2.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.39 from a trend line in the daily time frame.
- A support zone ranging from 1.21 to 1.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
EQ Technical Indicator Signal Analysis
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 | 98.07 | POSITIVE | EQ has a high relative strength, it outperformed 98.07% 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) | 60.32 | NEUTRAL | The RSI value for EQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests EQ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 46.81 | NEUTRAL | The Stochastics value for EQ is a neutral value. |
| Average True Range in percent/ATR (20) | 10.42 | HIGH VOLATILITY | The high ATR as a percentage value for EQ suggests high volalility. |
| Average Directional Index/ADX (14) | 41.4 | POSITIVE | The high ADX value value for EQ suggests a strong trend. |
EQ Chart- and CandleStick Pattern Analysis
EQ Technicals: Chart, Performance Metrics, Trend & Indicators
2.14
+0.01 (+0.47%)
EQUILLIUM INC / EQ TA FAQ
Can you provide the ChartMill technical rating for EQUILLIUM INC?
ChartMill assigns a technical rating of 9 / 10 to EQ.
Can you provide the trend direction for EQUILLIUM INC?
The current trend direction for EQUILLIUM INC (EQ) is Bullish.
What is the RSI signal for EQ stock?
EQUILLIUM INC (EQ) has an RSI value of 60.3182. This indicates that the stock is currently neutral.
Can you provide the MACD signal for EQUILLIUM INC?
The MACD indicator for EQUILLIUM INC (EQ) has a value of 0.0103085, indicating a bearish trend.
What is the support and resistance level for EQ stock?
EQUILLIUM INC (EQ) has a support level at 2.13. Check the full technical report for our detailed analysis of EQ support and resistance levels.