EQT CORP (EQT) Stock Technical Analysis
NYSE:EQT - New York Stock Exchange, Inc. - US26884L1098 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to EQT. 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.
In the last month EQT has a been trading in the 51.07 - 60.31 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that EQT is one of the better performing stocks in the market, outperforming 88% of all stocks.
EQT is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 87% of 208 stocks in the same industry.
EQT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so EQT is lagging the market slightly.
EQT has an average volume of 8236490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Volume is considerably higher in the last couple of days.
EQT has a poor technical rating and the quality of the setup is also only medium 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
45.64
61.05
When analyzing the support we can see 2 important areas.
- Support @49.98 from a trend line in the daily time frame.
- A support zone ranging from 46.10 to 46.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @53.78 from a horizontal line in the daily time frame.
- A resistance zone ranging from 54.82 to 56.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 60.45 to 60.45. 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 | 88.13 | POSITIVE | EQT has a high relative strength, it outperformed 88.13% 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 | POSITIVE | The current price of EQT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.06 | NEUTRAL | The RSI value for EQT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.53 | NEGATIVE | The MACD value suggests EQT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.78 | OVERSOLD | The low Stochastics value suggests EQT may be oversold. |
| Average True Range in percent/ATR (20) | 4.03 | MEDIUM VOLATILITY | The ATR as a percentage value for EQT suggests some volalility. |
| Average Directional Index/ADX (14) | 22.72 | NEUTRAL | The ADX value for EQT suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
53.1
+1.19 (+2.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.29%
1 Week-2.28%
2 Weeks-8.83%
1 Month-8.95%
3 Month2.41%
6 Month3.87%
12 Month68.2%
2 Year25.89%
3 Year20.6%
5 Year265.7%
10 Year-30.9%
15 Year44.77%
Volatility
ATR(14)2.22
ATR(20)%4.03%
ATR Inc-23.09%
Range Today1.49
ADR(20)1.98
ADR(20)%3.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.13
Mansfield0.4
10 Day High60.31
10 Day Low51.07
20 Day High60.31
20 Day Low51.07
52 Week High61.02
52 Week Low30.02
CS1 End49.98
CR1 Start53.78
Volume & EV
DER(3)0.43%
DER(5)0.35%
Volume9.17M
Volume Incr56.48%
Vol(5)13.95M
Vol(50)8.24M