EQUINOX GOLD CORP (EQX) Technical Analysis
NYSEARCA:EQX • CA29446Y5020
Current stock price
EQX Technical Rating and Analysis
Overall EQX gets a technical rating of 4 out of 10. 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.
- When comparing the yearly performance of all stocks, we notice that EQX is one of the better performing stocks in the market, outperforming 93% of all stocks.
- EQX has an average volume of 10895700 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 158 other stocks in this industry, EQX did better than 68% 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 11.72 - 17.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
EQX Weekly and Daily overview Charts
EQX Setup Rating and Analysis
EQX has an average technical rating and it also 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
EQX Support and Resistance Analysis
11.77
We found 3 important support areas.
- A support zone ranging from 14.47 to 14.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.33 from a trend line in the daily time frame.
- Support @11.89 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @14.95 from a horizontal line in the daily time frame.
EQX 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 | NEUTRAL | NEUTRAL | The long term trend for EQX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EQX is neutral. |
| ChartMill Relative Strength | 93.44 | POSITIVE | EQX has a high relative strength, it outperformed 93.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EQX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EQX is below a declining 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) | 50.82 | NEUTRAL | The RSI value for EQX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests EQX has a positive trend. |
| Stochastics (14,3) | 73.8 | NEUTRAL | The Stochastics value for EQX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.5 | HIGH VOLATILITY | The high ATR as a percentage value for EQX suggests high volalility. |
| Average Directional Index/ADX (14) | 22.55 | NEUTRAL | The ADX value for EQX suggests a possible start of a new trend. |
EQX Chart- and CandleStick Pattern Analysis
EQX Technicals: Chart, Performance Metrics, Trend & Indicators
14.59
-0.35 (-2.34%)
EQUINOX GOLD CORP / EQX TA FAQ
What is the ChartMill technical rating of EQUINOX GOLD CORP (EQX) stock?
ChartMill assigns a technical rating of 4 / 10 to EQX.
What is the trend direction for EQX stock?
The current trend direction for EQUINOX GOLD CORP (EQX) is Bearish.
What is the RSI signal for EQX stock?
EQUINOX GOLD CORP (EQX) has an RSI value of 50.8177. This indicates that the stock is currently neutral.
What is the support and resistance level for EQX stock?
EQUINOX GOLD CORP (EQX) has a support level at 14.58 and a resistance level at 14.95. Check the full technical report for our detailed analysis of EQX support and resistance levels.