EQUITY BANCSHARES INC - CL A (EQBK) Stock Technical Analysis
NYSE:EQBK - New York Stock Exchange, Inc. - US29460X1090 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to EQBK. EQBK has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month EQBK has a been trading in the 38.28 - 41.64 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, EQBK outperforms 62% of them, which is more or less in line with the market.
EQBK is part of the Banks industry. There are 395 other stocks in this industry, EQBK did better than 40% of them.
EQBK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EQBK is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, EQBK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
34.67
41.55
We found 2 important support areas.
- Support @36.32 from a trend line in the weekly time frame.
- A support zone ranging from 35.02 to 35.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 39.26 to 41.14. 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 | NEUTRAL | NEUTRAL | The long term trend for EQBK is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EQBK is down. |
| ChartMill Relative Strength | 62.08 | NEUTRAL | EQBK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EQBK is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of EQBK is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of EQBK is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.73 | NEUTRAL | The RSI value for EQBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests EQBK has a negative trend. |
| Stochastics (14,3) | 19.93 | OVERSOLD | The low Stochastics value suggests EQBK may be oversold. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for EQBK suggests some volalility. |
| Average Directional Index/ADX (14) | 18.19 | NEGATIVE | The low ADX value for EQBK suggests a weak or negative 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)
38.94
-0.2 (-0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.51%
1 Week0.13%
2 Weeks-5.32%
1 Month0.75%
3 Month-9.32%
6 Month-18.86%
12 Month15.55%
2 Year74.31%
3 Year19.78%
5 Year138.75%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.82
ATR(20)%2.03%
ATR Inc-36.43%
Range Today0.41
ADR(20)0.69
ADR(20)%1.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.08
Mansfield-0.68
10 Day High41.23
10 Day Low38.28
20 Day High41.64
20 Day Low38.28
52 Week High50.85
52 Week Low32.24
CS1 End36.32
CR1 Start39.26
Volume & EV
DER(3)-0.36%
DER(5)-0.12%
Volume46.70K
Volume Incr-9.25%
Vol(5)40.88K
Vol(50)70.04K