SIMPLIFY MKT NTRL EQ L/S ETF (EQLS) Stock Technical Analysis
NYSEARCA:EQLS • US82889N5418
We assign a technical rating of 8 out of 10 to EQLS. Although EQLS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Warning: EQLS has an average volume of 2408 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the performance of all stocks over the past year, EQLS turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
- EQLS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EQLS is lagging the market.
- In the last month EQLS has a been trading in a tight range between 21.59 and 22.73.
- Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, EQLS also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 22.39. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.27, a Stop Loss order could be placed below this zone.
More info and screens
20.03
2 important support areas can be observed.
- A support zone ranging from 21.47 to 22.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.23 to 20.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.39 to 22.61. 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 | UP | POSITIVE | The long term trend for EQLS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EQLS is up. |
| ChartMill Relative Strength | 58.67 | NEUTRAL | EQLS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EQLS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EQLS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EQLS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.68 | NEUTRAL | The RSI value for EQLS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EQLS has a negative trend. |
| Stochastics (14,3) | 58.75 | NEUTRAL | The Stochastics value for EQLS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.72 | LOW VOLATILITY | The low ATR as a percentage value for EQLS suggests low volalility. |
| Average Directional Index/ADX (14) | 13.6 | NEGATIVE | The low ADX value for EQLS suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 22.62 | 21.72 | 0.90 (3.98%) | 25.00% |
| An entry @22.62. This is a Buy Stop order right above the resistance zone. | An exit @21.72. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.90 points, which is 3.98%. | For a 0.99% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:EQLS (5/23/2025, 9:30:23 PM)
22.325
+0.01 (+0.04%)
SIMPLIFY MKT NTRL EQ L/S ETF / EQLS FAQ
What is the technical rating for EQLS stock?
ChartMill assigns a technical rating of 8 / 10 to EQLS.
What is the current trend direction of SIMPLIFY MKT NTRL EQ L/S ETF (EQLS) stock?
The current trend direction for SIMPLIFY MKT NTRL EQ L/S ETF (EQLS) is Bullish.
What is the RSI signal for SIMPLIFY MKT NTRL EQ L/S ETF (EQLS) stock?
SIMPLIFY MKT NTRL EQ L/S ETF (EQLS) has an RSI value of 57.6786. This indicates that the stock is currently neutral.
What is the MACD signal for SIMPLIFY MKT NTRL EQ L/S ETF (EQLS) stock?
The MACD indicator for SIMPLIFY MKT NTRL EQ L/S ETF (EQLS) has a value of -0.0130227, indicating a bearish trend.
What are the support and resistance levels for SIMPLIFY MKT NTRL EQ L/S ETF (EQLS) stock?
SIMPLIFY MKT NTRL EQ L/S ETF (EQLS) has a support level at 22.27 and a resistance level at 22.39. Check the full technical report for our detailed analysis of EQLS support and resistance levels.