EQUITY BANCSHARES INC - CL A (EQBK) Technical Analysis
NYSE:EQBK • US29460X1090
Overall EQBK gets a technical rating of 3 out of 10. In the last year, EQBK was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- In the last month EQBK has a been trading in the 44.18 - 48.25 range, which is quite wide. It is currently trading near the lows of this range.
- 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.
- When compared to the yearly performance of all other stocks, EQBK outperforms 59% of them, which is more or less in line with the market.
- EQBK is an average performer in the Banks industry, it outperforms 44% of 379 stocks in the same industry.
- EQBK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EQBK is lagging the market.
EQBK has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 45.15, a Stop Loss order could be placed below this zone.
More info and screens
37.27
4 important support areas can be observed.
- A support zone ranging from 44.65 to 45.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @42.76 from a trend line in the daily time frame.
- A support zone ranging from 39.96 to 40.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @37.65 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 45.34 to 46.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @47.50 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 EQBK is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EQBK is down. |
| ChartMill Relative Strength | 59.19 | NEUTRAL | EQBK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EQBK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EQBK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EQBK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.15 | NEUTRAL | The RSI value for EQBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests EQBK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.5 | NEUTRAL | The Stochastics value for EQBK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for EQBK suggests some volalility. |
| Average Directional Index/ADX (14) | 12.01 | NEGATIVE | The low ADX value for EQBK suggests a weak or negative trend. |
EQBK Technicals: Chart, Performance Metrics, Trend & Indicators
45.2
-0.3 (-0.66%)
EQUITY BANCSHARES INC - CL A / EQBK FAQ
Can you provide the ChartMill technical rating for EQUITY BANCSHARES INC - CL A?
ChartMill assigns a technical rating of 3 / 10 to EQBK.
What is the trend direction for EQBK stock?
The current trend direction for EQUITY BANCSHARES INC - CL A (EQBK) is Bullish.
What is the RSI signal for EQUITY BANCSHARES INC - CL A (EQBK) stock?
EQUITY BANCSHARES INC - CL A (EQBK) has an RSI value of 44.1456. This indicates that the stock is currently neutral.
What is the short term momentum for EQUITY BANCSHARES INC - CL A (EQBK) stock?
The short term momentum for EQUITY BANCSHARES INC - CL A (EQBK) is negative.
Can you provide the buy/sell signal for EQUITY BANCSHARES INC - CL A?
The buy/sell signal for EQUITY BANCSHARES INC - CL A (EQBK) is hold as the short term and long term trends are mixed.