EQT CORP (EQT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:EQT - US26884L1098 - Common Stock
Taking everything into account, EQT scores 3 out of 10 in our technical rating. EQT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month EQT has a been trading in the 49.26 - 56.90 range, which is quite wide. It is currently trading near the high of this range.
- EQT has an average volume of 9712820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When comparing the performance of all stocks over the past year, EQT turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
- EQT is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 46% of 207 stocks in the same industry.
- 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.
- Volume is considerably higher in the last couple of days.
EQT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 53.13, a Stop Loss order could be placed below this zone.
More info and screens
48.69
We found 3 important support areas.
- A support zone ranging from 52.85 to 53.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 50.46 to 50.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 49.18 to 49.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- 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 | NEUTRAL | NEUTRAL | The short term trend for EQT is neutral. |
| ChartMill Relative Strength | 51.28 | NEUTRAL | EQT is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of EQT is below a declining 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) | 51.96 | NEUTRAL | The RSI value for EQT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.58 | POSITIVE | The MACD value suggests EQT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.78 | OVERBOUGHT | The high Stochastics value suggests EQT may be overbought. |
| Average True Range in percent/ATR (20) | 3.44 | MEDIUM VOLATILITY | The ATR as a percentage value for EQT suggests some volalility. |
| Average Directional Index/ADX (14) | 22.45 | NEUTRAL | The ADX value for EQT suggests a possible start of a new trend. |
54.41
-2 (-3.55%)
EQT CORP / EQT 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 current trend direction of EQT CORP (EQT) stock?
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 51.9592. This indicates that the stock is currently neutral.
Can you provide the short term momentum for EQT CORP?
The short term momentum for EQT CORP (EQT) is neutral.
Can you provide the support and resistance levels for EQT CORP?
EQT CORP (EQT) has a support level at 53.13 and a resistance level at 60.44. Check the full technical report for our detailed analysis of EQT support and resistance levels.