EQUITY BANCSHARES INC - CL A (EQBK) Stock Technical Analysis
NYSE:EQBK - US29460X1090 - Common Stock
39.51 USD
-0.59 (-1.47%)
39.8 USD
+0.29 (+0.73%)
We assign a technical rating of 4 out of 10 to EQBK. EQBK has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
67% of all other stocks performed better in the past year than EQBK.
EQBK is one of the lesser performing stocks in the Banks industry. 78% of 393 stocks in the same industry do better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month EQBK has a been trading in the 36.04 - 40.29 range, which is quite wide. It is currently trading near the high of this range.
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 an average technical rating and the quality of the presented setup is also not ideal 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
2 important support areas can be observed.
- A support zone ranging from 36.60 to 36.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
3 important resistance areas can be observed.
- Resistance @42.07 from a trend line in the weekly 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 44.23. This zone is formed by a combination of multiple trend lines in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for EQBK is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EQBK is up. |
| ChartMill Relative Strength | 33.08 | 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 | 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) | 53.44 | NEUTRAL | The RSI value for EQBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests EQBK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.86 | OVERBOUGHT | The high Stochastics value suggests EQBK may be overbought. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for EQBK suggests some volalility. |
| Average Directional Index/ADX (14) | 20.15 | 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)
39.51
-0.59 (-1.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.47%
1 Week-0.33%
2 Weeks8.04%
1 Month1.99%
3 Month1.93%
6 Month-7.95%
12 Month-3.07%
2 Year57.91%
3 Year26.51%
5 Year148.49%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.79
ATR(20)%2.1%
ATR Inc-29.31%
Range Today0.78
ADR(20)0.77
ADR(20)%1.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.08
Mansfield-1.13
10 Day High40.29
10 Day Low36.31
20 Day High40.29
20 Day Low36.04
52 Week High50.85
52 Week Low34.11
CS1 End36.84
CR1 Start42.07
Volume & EV
DER(3)-1.65%
DER(5)0.42%
Volume98.10K
Volume Incr44.23%
Vol(5)117.94K
Vol(50)95.00K