EQT CORP (EQT) Stock Technical Analysis
USA - NYSE:EQT - US26884L1098 - Common Stock
55.71 USD
-0.74 (-1.31%)
55.69 USD
-0.02 (-0.04%)
Overall EQT gets a technical rating of 9 out of 10. 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!
EQT is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 91% of 211 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.
In the last month EQT has a been trading in the 51.19 - 57.55 range, which is quite wide. It is currently trading near the high of this range.
EQT has an average volume of 7846880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that EQT is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
EQT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 54.93, a Stop Loss order could be placed below this zone.
More info and screens
48.69
61.05
When analyzing the support we can see 2 important areas.
- A support zone ranging from 53.60 to 54.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 49.18 to 50.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @56.71 from a trend line in the daily time frame.
- 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 | 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 | 86.02 | POSITIVE | EQT has a high relative strength, it outperformed 86.02% 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) | 56.27 | NEUTRAL | The RSI value for EQT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests EQT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 63.78 | NEUTRAL | The Stochastics value for EQT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.63 | MEDIUM VOLATILITY | The ATR as a percentage value for EQT suggests some volalility. |
| Average Directional Index/ADX (14) | 19.49 | NEGATIVE | The low ADX value for EQT suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 56.72 | 53.59 | 3.13 (5.52%) | 18.12% |
| An entry @56.72. This is a Buy Stop order right above the resistance zone. | An exit @53.59. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.13 points, which is 5.52%. | When investing 18.12% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
55.71
-0.74 (-1.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.31%
1 Week4.54%
2 Weeks-2.54%
1 Month9.34%
3 Month6.74%
6 Month10.89%
12 Month48.64%
2 Year31.45%
3 Year33.15%
5 Year267.97%
10 Year-15.68%
15 Year48.8%
Volatility
ATR(14)2.03
ATR(20)%3.63%
ATR Inc4.85%
Range Today1.3
ADR(20)1.94
ADR(20)%3.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.02
Mansfield-0.21
10 Day High57.16
10 Day Low51.66
20 Day High57.55
20 Day Low51.19
52 Week High61.02
52 Week Low35.45
CS1 End54.93
CR1 Start56.71
Volume & EV
DER(3)2.06%
DER(5)2.09%
Volume6.66M
Volume Incr-36.91%
Vol(5)6.15M
Vol(50)7.85M