EQUITY BANCSHARES INC - CL A (EQBK) Stock Technical Analysis
USA - NYSE:EQBK - US29460X1090 - Common Stock
Taking everything into account, EQBK scores 2 out of 10 in our technical rating. EQBK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, EQBK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 41.52, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
36.18
When analyzing the support we can see 5 important areas.
- A support zone ranging from 40.51 to 41.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @39.83 from a trend line in the daily time frame.
- Support @38.11 from a trend line in the daily time frame.
- Support @37.50 from a trend line in the weekly time frame.
- A support zone ranging from 36.55 to 36.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 41.56 to 41.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 42.94 to 43.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 44.07 to 44.22. 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 | NEUTRAL | NEUTRAL | The long term trend for EQBK is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EQBK is neutral. |
| ChartMill Relative Strength | 33.28 | NEUTRAL | EQBK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EQBK is above 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) | DOWN | MIXED | The current price of EQBK is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.52 | NEUTRAL | The RSI value for EQBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EQBK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 47.89 | NEUTRAL | The Stochastics value for EQBK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.58 | MEDIUM VOLATILITY | The ATR as a percentage value for EQBK suggests some volalility. |
| Average Directional Index/ADX (14) | 18.91 | NEGATIVE | The low ADX value for EQBK suggests a weak or negative trend. |
41.54
+0.17 (+0.41%)
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 2 / 10 to EQBK.
What is the current trend direction of EQUITY BANCSHARES INC - CL A (EQBK) stock?
The current trend direction for EQUITY BANCSHARES INC - CL A (EQBK) is Bearish.
What is the RSI signal for EQUITY BANCSHARES INC - CL A (EQBK) stock?
EQUITY BANCSHARES INC - CL A (EQBK) has an RSI value of 52.5178. This indicates that the stock is currently neutral.
Can you provide the MACD signal for EQUITY BANCSHARES INC - CL A?
The MACD indicator for EQUITY BANCSHARES INC - CL A (EQBK) has a value of -0.0104724, indicating a bearish trend.
What are the support and resistance levels for EQUITY BANCSHARES INC - CL A (EQBK) stock?
EQUITY BANCSHARES INC - CL A (EQBK) has a support level at 41.52 and a resistance level at 41.56. Check the full technical report for our detailed analysis of EQBK support and resistance levels.