EQUINOX GOLD CORP (EQX.CA) Stock Technical Analysis
TSX:EQX - Toronto Stock Exchange - CA29446Y5020 - Common Stock - Currency: CAD
We assign a technical rating of 4 out of 10 to EQX. Although EQX 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.
Looking at the yearly performance, EQX did better than 72% of all other stocks.
EQX has an average volume of 1658360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
EQX is part of the Metals & Mining industry. There are 796 other stocks in this industry, EQX did better than 57% of them.
EQX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EQX is lagging the market slightly.
In the last month EQX has a been trading in the 8.17 - 9.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
EQX has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
6.97
10.25
4 important support areas can be observed.
- A support zone ranging from 8.94 to 9.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.47 from a trend line in the daily time frame.
- A support zone ranging from 8.11 to 8.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.04 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 9.16 to 9.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @9.86 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 10.14 to 10.15. 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 | NEUTRAL | NEUTRAL | The long term trend for EQX.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EQX.CA is neutral. |
| ChartMill Relative Strength | 72.1 | POSITIVE | EQX.CA has a high relative strength, it outperformed 72.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EQX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EQX.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EQX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.93 | NEUTRAL | The RSI value for EQX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests EQX.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.34 | NEUTRAL | The Stochastics value for EQX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.8 | MEDIUM VOLATILITY | The ATR as a percentage value for EQX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 11.04 | NEGATIVE | The low ADX value for EQX.CA 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)
TSX:EQX (5/30/2025, 7:00:00 PM)
9.11
+0.11 (+1.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.22%
1 Week-1.19%
2 Weeks8.07%
1 Month3.88%
3 Month-1.73%
6 Month14.45%
12 Month23.11%
2 Year43.01%
3 Year22.45%
5 Year-27.93%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%3.8%
ATR Inc-20.52%
Range Today0.25
ADR(20)0.28
ADR(20)%3.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.1
Mansfield0.64
10 Day High9.43
10 Day Low8.17
20 Day High9.53
20 Day Low8.17
52 Week High10.35
52 Week Low6.18
CS1 End9.06
CR1 Start9.16
Volume & EV
DER(3)-17.17%
DER(5)-23.73%
Volume1.58M
Volume Incr-40.07%
Vol(5)1.15M
Vol(50)1.66M