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 0 out of 10 to EQBK. EQBK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, EQBK is a bad performer in the overall market: 77% of all stocks are doing better.
EQBK is one of the lesser performing stocks in the Banks industry. 85% of 396 stocks in the same industry do better.
EQBK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month EQBK has a been trading in the 37.85 - 44.50 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
The technical rating of EQBK is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
34.67
44.67
When analyzing the support we can see 3 important areas.
- Support @37.49 from a trend line in the weekly time frame.
- Support @36.33 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 40.07 to 40.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 42.79 to 44.23. 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 | DOWN | NEGATIVE | The short term trend for EQBK is down. |
| ChartMill Relative Strength | 23.99 | NEGATIVE | EQBK has a low relative strength, it was outperformed by 76.01% off all stocks 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) | DOWN | NEGATIVE | The current price of EQBK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.34 | NEUTRAL | The RSI value for EQBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.51 | NEGATIVE | The MACD value suggests EQBK has a negative trend. |
| Stochastics (14,3) | 5.9 | OVERSOLD | The low Stochastics value suggests EQBK may be oversold. |
| Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for EQBK suggests some volalility. |
| Average Directional Index/ADX (14) | 23.96 | NEUTRAL | The ADX value for EQBK 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)
38.37
-0.37 (-0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.96%
1 Week-3.67%
2 Weeks-10.62%
1 Month-6.02%
3 Month0.6%
6 Month-11.49%
12 Month-7.79%
2 Year41.27%
3 Year20.09%
5 Year171.36%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.08
ATR(20)%2.97%
ATR Inc-14.71%
Range Today0.89
ADR(20)1.05
ADR(20)%2.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.99
Mansfield-1.51
10 Day High44.09
10 Day Low37.85
20 Day High44.5
20 Day Low37.85
52 Week High50.85
52 Week Low32.95
CS1 End37.49
CR1 Start40.07
Volume & EV
DER(3)-1.35%
DER(5)-2.07%
Volume65.50K
Volume Incr-40.33%
Vol(5)66.33K
Vol(50)76.41K