EQUINOX GOLD CORP (EQX)
CA29446Y5020 - Common Stock
Overall EQX gets a technical rating of 6 out of 10. In the last year, EQX was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month EQX has a been trading in the 5.18 - 6.49 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
EQX has an average volume of 3714200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, EQX outperforms 65% of them, which is more or less in line with the market.
EQX is an average performer in the Metals & Mining industry, it outperforms 56% of 154 stocks in the same industry.
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.
Volume is considerably higher in the last couple of days.
EQX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 5.41, a Stop Loss order could be placed below this zone.
More info and screens
4.03
6.07
When analyzing the support we can see 6 important areas.
- A support zone ranging from 5.31 to 5.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.22 from a horizontal line in the daily time frame.
- Support @4.61 from a horizontal line in the daily time frame.
- Support @4.40 from a trend line in the weekly time frame.
- Support @4.17 from a horizontal line in the weekly time frame.
- Support @4.07 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @5.67 from a trend line in the daily time frame.
- A resistance zone ranging from 6.01 to 6.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.66
Mansfield0.24
10 Day High6.07
10 Day Low5.18
20 Day High6.49
20 Day Low5.18
52 Week High6.5
52 Week Low3.95
Performance
1 Week3.63%
2 Weeks-7.82%
1 Month-16.49%
3 Month20.44%
6 Month11.07%
12 Month-4.58%
2 Year-7.19%
3 Year-41.78%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.09
RSI(14)45.37
LBB5.17
UBB6.16
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 |
|---|---|---|---|
| 5.68 | 5.30 | 0.38 (6.69%) | 14.95% |
| An entry @5.68. This is a Buy Stop order right above the resistance zone. | An exit @5.30. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.38 points, which is 6.69%. | For a 1.00% total portfolio risk, you can invest 14.95% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of EQX. Please evaluate whether better entry and exit points can be found.
- 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.
EQUINOX GOLD CORP
NYSEARCA:EQX (5/2/2024, 9:25:06 AM)
5.43
+0.01 (+0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.18%
1 Week3.63%
2 Weeks-7.82%
1 Month-16.49%
3 Month20.44%
6 Month11.07%
12 Month-4.58%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.31
ATR(20)%5.56%
ATR Inc
Range Today0.12
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High6.07
10 Day Low5.18
20 Day High6.49
20 Day Low5.18
52 Week High6.5
52 Week Low3.95
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume596.47K
Volume Incr122.19%
Vol(5)8.23M
Vol(50)3.71M