EQT CORP (EQT) Technical Analysis
NYSE:EQT • US26884L1098
Current stock price
EQT Technical Rating and Analysis
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.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that EQT is one of the better performing stocks in the market, outperforming 84% of all stocks.
- EQT is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so EQT is leading the market.
- In the last month EQT has a been trading in the 57.63 - 67.15 range, which is quite wide. It is currently trading near the high of this range.
- EQT has an average volume of 10573100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- EQT is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, EQT did better than 46% of them.
EQT Weekly and Daily overview Charts
EQT Setup Rating and Analysis
Although EQT has an excellent technical rating, it 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
EQT Support and Resistance Analysis
48.70
When analyzing the support we can see 4 important areas.
- A support zone ranging from 63.52 to 63.85. 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 52.85 to 52.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @50.50 from a horizontal line in the daily time frame.
- Support @49.19 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 64.68 to 64.69. This zone is formed by a combination of multiple trend lines 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 | 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 | 84.86 | POSITIVE | EQT has a high relative strength, it outperformed 84.86% 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) | 68.24 | NEUTRAL | The RSI value for EQT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests EQT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.78 | NEUTRAL | The Stochastics value for EQT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.09 | MEDIUM VOLATILITY | The ATR as a percentage value for EQT suggests some volalility. |
| Average Directional Index/ADX (14) | 31.4 | 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
64.67
-0.01 (-0.02%)
EQT CORP / EQT TA FAQ
What is the ChartMill technical rating of EQT CORP (EQT) stock?
ChartMill assigns a technical rating of 10 / 10 to EQT.
What is the current trend direction of EQT CORP (EQT) stock?
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 68.2368. 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 positive.
Can you provide the support and resistance levels for EQT CORP?
EQT CORP (EQT) has a support level at 63.85 and a resistance level at 64.68. Check the full technical report for our detailed analysis of EQT support and resistance levels.