EQUITY BANCSHARES INC - CL A (EQBK) Stock Technical Analysis
USA - NYSE:EQBK - US29460X1090 - Common Stock
39.97 USD
+1.19 (+3.07%)
39.97 USD
0 (0%)
Taking everything into account, EQBK scores 2 out of 10 in our technical rating. 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.
72% of all other stocks performed better in the past year than EQBK.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
EQBK is an average performer in the Banks industry, it outperforms 43% of 391 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.
In the last month EQBK has a been trading in the 38.60 - 42.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, EQBK does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 37.63, 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
36.78
44.67
We found 1 important support area.
- A support zone ranging from 37.15 to 37.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 40.47 to 41.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @41.85 from a trend line 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 44.23. 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 | NEUTRAL | NEUTRAL | The short term trend for EQBK is neutral. |
| ChartMill Relative Strength | 28.74 | NEGATIVE | EQBK has a low relative strength, it was outperformed by 71.26% 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) | UP | MIXED | The current price of EQBK is below the rising 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) | 45.57 | NEUTRAL | The RSI value for EQBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests EQBK has a negative trend. |
| Stochastics (14,3) | 34.02 | NEUTRAL | The Stochastics value for EQBK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for EQBK suggests some volalility. |
| Average Directional Index/ADX (14) | 13.4 | 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)
39.97
+1.19 (+3.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg3.07%
1 Week-1.31%
2 Weeks-1.04%
1 Month-4.79%
3 Month0.35%
6 Month9.66%
12 Month-8.79%
2 Year65.17%
3 Year11.9%
5 Year117.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.38
ATR(20)%3.02%
ATR Inc117.98%
Range Today1.32
ADR(20)1.16
ADR(20)%2.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.74
Mansfield-1.24
10 Day High42.44
10 Day Low38.6
20 Day High42.44
20 Day Low38.6
52 Week High50.85
52 Week Low34.11
CS1 End37.63
CR1 Start40.47
Volume & EV
DER(3)-1.86%
DER(5)0.88%
Volume159.80K
Volume Incr93.19%
Vol(5)161.72K
Vol(50)95.31K