EQB INC - EQBCN 5.969 PERP (EQB-PR-C.CA) Stock Technical Analysis
TSX:EQB-PR-C - CA26886R2037
25 CAD
+0.03 (+0.12%)
Overall EQB-PR-C gets a technical rating of 1 out of 10. EQB-PR-C performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
64% of all other stocks performed better in the past year than EQB-PR-C.
Warning: EQB-PR-C has an average volume of 8394 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
EQB-PR-C is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so EQB-PR-C is lagging the market slightly.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
EQB-PR-C is an average performer in the Banks industry, it outperforms 64% of 26 stocks in the same industry.
In the last month EQB-PR-C has a been trading in a tight range between 24.95 and 25.34.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, EQB-PR-C does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 25.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.98, a Stop Loss order could be placed below this zone.
More info and screens
21.88
25.58
2 important support areas can be observed.
- A support zone ranging from 24.50 to 24.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 22.10 to 22.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 25.01 to 25.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 EQB-PR-C.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EQB-PR-C.CA is down. |
| ChartMill Relative Strength | 36.26 | NEUTRAL | EQB-PR-C.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EQB-PR-C.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EQB-PR-C.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EQB-PR-C.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.68 | NEUTRAL | The RSI value for EQB-PR-C.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests EQB-PR-C.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.69 | OVERSOLD | The low Stochastics value suggests EQB-PR-C.CA may be oversold. |
| Average True Range in percent/ATR (20) | 0.16 | LOW VOLATILITY | The low ATR as a percentage value for EQB-PR-C.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 23.99 | NEUTRAL | The ADX value for EQB-PR-C.CA suggests a possible start of a new 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)
TSX:EQB-PR-C (9/27/2024, 7:00:00 PM)
25
+0.03 (+0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.12%
1 Week0.04%
2 Weeks-1.3%
1 Month-1.07%
3 Month-0.12%
6 Month0.85%
12 Month5.26%
2 Year10.72%
3 Year-6.96%
5 Year3.91%
10 Year-5.12%
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%0.16%
ATR Inc-68.66%
Range Today0.01
ADR(20)0.02
ADR(20)%0.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.26
Mansfield-1.03
10 Day High25
10 Day Low24.95
20 Day High25.34
20 Day Low24.95
52 Week High25.34
52 Week Low22.76
CS1 End24.98
CR1 Start25.01
Volume & EV
DER(3)0%
DER(5)0%
Volume1.00K
Volume Incr-80.62%
Vol(5)1.58K
Vol(50)8.39K