EQB INC (EQB.CA) Stock Technical Analysis
TSX:EQB - Toronto Stock Exchange - CA26886R1047 - Common Stock - Currency: CAD
We assign a technical rating of 8 out of 10 to EQB. Although EQB is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
EQB is part of the Banks industry. There are 29 other stocks in this industry. EQB outperforms 71% of them.
EQB is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When compared to the yearly performance of all other stocks, EQB outperforms 50% of them, which is more or less in line with the market.
EQB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EQB is lagging the market.
Besides having an excellent technical rating, EQB also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
87.29
103.59
3 important support areas can be observed.
- A support zone ranging from 92.94 to 94.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 90.08 to 90.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @88.17 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 102.44 to 102.56. This zone is formed by a combination of multiple trend lines 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.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EQB.CA is up. |
| ChartMill Relative Strength | 50.37 | NEUTRAL | EQB.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EQB.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EQB.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of EQB.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.4 | NEUTRAL | The RSI value for EQB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests EQB.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.95 | NEUTRAL | The Stochastics value for EQB.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for EQB.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 26.65 | POSITIVE | The high ADX value value for EQB.CA 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 102.57 | 99.33 | 3.24 (3.16%) | 25.00% |
| An entry @102.57. This is a Buy Stop order right above the resistance zone. | An exit @99.33. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.24 points, which is 3.16%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.79%. |
- The distance between exit and entry is rather small compared to the average daily movement of EQB. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:EQB (7/17/2025, 7:00:00 PM)
102.28
+1.41 (+1.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.4%
1 Week0.25%
2 Weeks1.92%
1 Month9.85%
3 Month11.16%
6 Month-5.64%
12 Month8.23%
2 Year31.45%
3 Year83.99%
5 Year163.85%
10 Year280.51%
15 YearN/A
Volatility
ATR(14)2.24
ATR(20)%2.03%
ATR Inc-41.85%
Range Today1.54
ADR(20)2.05
ADR(20)%2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.37
Mansfield-0.58
10 Day High104.78
10 Day Low99.34
20 Day High105.38
20 Day Low92.65
52 Week High114.22
52 Week Low85.14
CS1 End94.12
CR1 Start102.44
Volume & EV
DER(3)2.7%
DER(5)2.5%
Volume45.79K
Volume Incr-40.38%
Vol(5)60.40K
Vol(50)105.70K