EQRX INC (EQRX) Technical Analysis
NASDAQ:EQRX • US26886C1071
Current stock price
EQRX Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to EQRX. In the last year, EQRX was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 75% of all other stocks performed better in the past year than EQRX.
- 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.
- EQRX has an average volume of 3452320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- EQRX is part of the Biotechnology industry. There are 519 other stocks in this industry, EQRX did better than 43% of them.
- EQRX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EQRX is lagging the market slightly.
- In the last month EQRX has a been trading in the 2.01 - 2.63 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.
EQRX Weekly and Daily overview Charts
EQRX Setup Rating and Analysis
EQRX has an average technical rating and it also does not offer a high 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
EQRX Support and Resistance Analysis
1.63
6 important support areas can be observed.
- A support zone ranging from 2.24 to 2.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.08 from a trend line in the daily time frame.
- A support zone ranging from 2.03 to 2.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.76 from a trend line in the weekly time frame.
- Support @1.72 from a trend line in the daily time frame.
- Support @1.65 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.47 to 2.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
EQRX 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 | NEUTRAL | NEUTRAL | The long term trend for EQRX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EQRX is up. |
| ChartMill Relative Strength | 25.01 | NEGATIVE | EQRX has a low relative strength, it was outperformed by 74.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EQRX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EQRX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of EQRX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.61 | NEUTRAL | The RSI value for EQRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests EQRX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.54 | NEUTRAL | The Stochastics value for EQRX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.87 | MEDIUM VOLATILITY | The ATR as a percentage value for EQRX suggests some volalility. |
| Average Directional Index/ADX (14) | 26.63 | POSITIVE | The high ADX value value for EQRX suggests a strong trend. |
EQRX Chart- and CandleStick Pattern Analysis
EQRX Technicals: Chart, Performance Metrics, Trend & Indicators
2.34
-0.05 (-2.09%)
EQRX INC / EQRX TA FAQ
What is the technical rating for EQRX stock?
ChartMill assigns a technical rating of 6 / 10 to EQRX.
Can you provide the trend direction for EQRX INC?
The current trend direction for EQRX INC (EQRX) is Bearish.
What is the RSI signal for EQRX stock?
EQRX INC (EQRX) has an RSI value of 55.6055. This indicates that the stock is currently neutral.
What is the short term momentum for EQRX stock?
The short term momentum for EQRX INC (EQRX) is positive.