EQONEX LTD (EQOS) Technical Analysis
NASDAQ:EQOS • SGXZ53262598
Current stock price
EQOS Technical Rating and Analysis
Taking everything into account, EQOS scores 0 out of 10 in our technical rating. EQOS'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, EQOS is a bad performer in the overall market: 99% of all stocks are doing better.
- EQOS is part of the Capital Markets industry. There are 240 other stocks in this industry, of which 88% are performing better than EQOS.
- EQOS is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month EQOS has a been trading in the 0.09 - 0.53 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- EQOS has an average volume of 1406230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
EQOS Weekly and Daily overview Charts
EQOS Setup Rating and Analysis
The technical rating of EQOS 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
EQOS Support and Resistance Analysis
EQOS Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for EQOS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EQOS is down. |
| ChartMill Relative Strength | 1.24 | NEGATIVE | EQOS has a low relative strength, it was outperformed by 98.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EQOS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EQOS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EQOS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 23.55 | OVERSOLD | The low RSI value suggests EQOS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests EQOS has a negative trend. |
| Stochastics (14,3) | 6.58 | OVERSOLD | The low Stochastics value suggests EQOS may be oversold. |
| Average True Range in percent/ATR (20) | 55.65 | HIGH VOLATILITY | The high ATR as a percentage value for EQOS suggests high volalility. |
| Average Directional Index/ADX (14) | 31.01 | POSITIVE | The high ADX value value for EQOS suggests a strong trend. |
EQOS Chart- and CandleStick Pattern Analysis
EQOS Technicals: Chart, Performance Metrics, Trend & Indicators
0.0931
-0.05 (-33.88%)
EQONEX LTD / EQOS TA FAQ
What is the ChartMill technical rating of EQONEX LTD (EQOS) stock?
ChartMill assigns a technical rating of 0 / 10 to EQOS.
Can you provide the trend direction for EQONEX LTD?
The current trend direction for EQONEX LTD (EQOS) is Bearish.
What is the RSI signal for EQOS stock?
EQONEX LTD (EQOS) has an RSI value of 23.5505. This indicates that the stock is currently oversold.
Can you provide the MACD signal for EQONEX LTD?
The MACD indicator for EQONEX LTD (EQOS) has a value of -0.023662, indicating a bearish trend.