EQUINOX GOLD CORP (EQX) Stock Technical Analysis
NYSEARCA:EQX - CA29446Y5020 - Common Stock
8.76 USD
+0.49 (+5.93%)
8.78 USD
+0.02 (+0.23%)
Overall EQX gets a technical rating of 10 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, EQX is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, EQX did better than 90% of all other stocks. On top of that, EQX also shows a nice and consistent pattern of rising prices.
EQX is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month EQX has a been trading in the 6.11 - 8.76 range, which is quite wide. It is currently trading near the high of this range.
EQX has an average volume of 14144900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
EQX is part of the Metals & Mining industry. There are 155 other stocks in this industry, EQX did better than 61% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although EQX has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
5.07
8.85
5 important support areas can be observed.
- Support @6.39 from a trend line in the daily time frame.
- A support zone ranging from 5.85 to 5.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 5.67 to 5.72. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @5.39 from a trend line in the weekly time frame.
- Support @5.12 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for EQX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EQX is up. |
| ChartMill Relative Strength | 90.52 | POSITIVE | EQX has a high relative strength, it outperformed 90.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EQX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EQX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EQX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 80.25 | OVERBOUGHT | The high RSI value suggests EQX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests EQX has a positive trend. |
| Stochastics (14,3) | 98.08 | OVERBOUGHT | The high Stochastics value suggests EQX may be overbought. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for EQX suggests some volalility. |
| Average Directional Index/ADX (14) | 36.8 | POSITIVE | The high ADX value value for EQX suggests a strong 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)
8.76
+0.49 (+5.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg5.93%
1 Week9.23%
2 Weeks9.77%
1 Month44.32%
3 Month32.13%
6 Month36.45%
12 Month54.5%
2 Year73.47%
3 Year151%
5 Year-33.33%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%3.6%
ATR Inc-2.51%
Range Today0.52
ADR(20)0.29
ADR(20)%3.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.52
Mansfield2.82
10 Day High8.76
10 Day Low7.54
20 Day High8.76
20 Day Low6.11
52 Week High8.76
52 Week Low4.95
CS1 End6.39
CR1 StartN/A
Volume & EV
DER(3)-1.48%
DER(5)-0.47%
Volume16.34M
Volume Incr-24.94%
Vol(5)10.46M
Vol(50)14.14M