EQT CORP (EQT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:EQT - US26884L1098 - Common Stock
Taking everything into account, EQT scores 2 out of 10 in our technical rating. Although EQT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
EQT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 53.79, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EQT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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48.69
We found 3 important support areas.
- A support zone ranging from 52.85 to 53.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 50.99 to 51.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 49.18 to 49.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 54.19 to 54.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 55.81 to 56.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 60.44 to 61.18. 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 EQT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EQT is down. |
| ChartMill Relative Strength | 71.74 | POSITIVE | EQT has a high relative strength, it outperformed 71.74% off all stocks 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) | DOWN | NEGATIVE | The current price of EQT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of EQT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.78 | NEUTRAL | The RSI value for EQT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests EQT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.46 | OVERSOLD | The low Stochastics value suggests EQT may be oversold. |
| Average True Range in percent/ATR (20) | 3.16 | MEDIUM VOLATILITY | The ATR as a percentage value for EQT suggests some volalility. |
| Average Directional Index/ADX (14) | 20.92 | NEUTRAL | The ADX value for EQT suggests a possible start of a new trend. |
53.93
+0.04 (+0.07%)
EQT CORP / EQT FAQ
What is the ChartMill technical rating of EQT CORP (EQT) stock?
ChartMill assigns a technical rating of 2 / 10 to EQT.
Can you provide the trend direction for EQT CORP?
The current trend direction for EQT CORP (EQT) is Bearish.
What is the RSI signal for EQT CORP (EQT) stock?
EQT CORP (EQT) has an RSI value of 40.7752. This indicates that the stock is currently neutral.
What is the MACD signal for EQT stock?
The MACD indicator for EQT CORP (EQT) has a value of -0.364919, indicating a bearish trend.
What are the support and resistance levels for EQT CORP (EQT) stock?
EQT CORP (EQT) has a support level at 53.79 and a resistance level at 54.19. Check the full technical report for our detailed analysis of EQT support and resistance levels.