EQT CORP (EQT) Stock Technical Analysis
USA - NYSE:EQT - US26884L1098 - Common Stock
Taking everything into account, EQT scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EQT is showing a nice and steady performance.
Although EQT has an excellent technical rating, the quality of the presented setup is not ideal 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
49.76
We found 3 important support areas.
- A support zone ranging from 52.92 to 54.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 51.69 to 51.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 50.26 to 50.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 EQT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EQT is up. |
| ChartMill Relative Strength | 87.28 | POSITIVE | EQT has a high relative strength, it outperformed 87.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EQT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EQT is above 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) | 66.77 | NEUTRAL | The RSI value for EQT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.59 | POSITIVE | The MACD value suggests EQT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.3 | OVERBOUGHT | The high Stochastics value suggests EQT may be overbought. |
| Average True Range in percent/ATR (20) | 3.39 | MEDIUM VOLATILITY | The ATR as a percentage value for EQT suggests some volalility. |
| Average Directional Index/ADX (14) | 20.55 | NEUTRAL | The ADX value for EQT suggests a possible start of a new trend. |
59.9
-0.35 (-0.58%)
EQT CORP / EQT FAQ
What is the ChartMill technical rating of EQT CORP (EQT) stock?
ChartMill assigns a technical rating of 10 / 10 to EQT.
Can you provide the trend direction for EQT CORP?
The current trend direction for EQT CORP (EQT) is Bullish.
What is the RSI signal for EQT CORP (EQT) stock?
EQT CORP (EQT) has an RSI value of 66.7674. 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 0.590273, indicating a bearish trend.
What are the support and resistance levels for EQT CORP (EQT) stock?
EQT CORP (EQT) has a support level at 54.85. Check the full technical report for our detailed analysis of EQT support and resistance levels.