EQT CORP (EQT) Technical Analysis
NYSE:EQT • US26884L1098
Current stock price
EQT Technical Rating and Analysis
Overall EQT gets a technical rating of 3 out of 10. EQT has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- EQT is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 67% of 209 stocks in the same industry do better.
- EQT is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- EQT has an average volume of 9001460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When compared to the yearly performance of all other stocks, EQT outperforms 60% of them, which is more or less in line with the market.
- EQT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EQT is lagging the market.
EQT Weekly and Daily overview Charts
EQT Setup Rating and Analysis
EQT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 57.89, a Stop Loss order could be placed below this zone.
More info and screens
EQT Support and Resistance Analysis
48.70
5 important support areas can be observed.
- A support zone ranging from 56.70 to 57.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @54.17 from a trend line in the weekly time frame.
- A support zone ranging from 52.05 to 52.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 50.50 to 50.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @49.19 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 58.73 to 58.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 59.85 to 61.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
EQT 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 EQT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EQT is down. |
| ChartMill Relative Strength | 60.04 | NEUTRAL | EQT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EQT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EQT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EQT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.64 | NEUTRAL | The RSI value for EQT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests EQT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.56 | OVERSOLD | The low Stochastics value suggests EQT may be oversold. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for EQT suggests some volalility. |
| Average Directional Index/ADX (14) | 30.1 | POSITIVE | The high ADX value value for EQT suggests a strong trend. |
EQT Chart- and CandleStick Pattern Analysis
EQT Technicals: Chart, Performance Metrics, Trend & Indicators
58.72
+1.74 (+3.05%)
EQT CORP / EQT TA FAQ
What is the ChartMill technical rating of EQT CORP (EQT) stock?
ChartMill assigns a technical rating of 3 / 10 to EQT.
What is the trend direction for EQT stock?
The current trend direction for EQT CORP (EQT) is Bearish.
Can you provide the RSI signal for EQT CORP?
EQT CORP (EQT) has an RSI value of 44.6391. This indicates that the stock is currently neutral.
What is the MACD signal for EQT CORP (EQT) stock?
The MACD indicator for EQT CORP (EQT) has a value of -0.30605, indicating a bearish trend.