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. EQX was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month EQX has a been trading in the 13.36 - 18.96 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- When comparing the yearly performance of all stocks, we notice that EQX is one of the better performing stocks in the market, outperforming 91% of all stocks.
- EQX has an average volume of 10238200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- EQX is an average performer in the Metals & Mining industry, it outperforms 61% of 157 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.
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. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
EQX Support and Resistance Analysis
13.28
We found 1 important support area.
- A support zone ranging from 13.41 to 13.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for EQX is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EQX is down. |
| ChartMill Relative Strength | 91.96 | POSITIVE | EQX has a high relative strength, it outperformed 91.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EQX is below 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) | 32.76 | NEUTRAL | The RSI value for EQX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.47 | NEGATIVE | The MACD value suggests EQX has a negative trend. |
| Stochastics (14,3) | 3.57 | OVERSOLD | The low Stochastics value suggests EQX may be oversold. |
| Average True Range in percent/ATR (20) | 7.97 | HIGH VOLATILITY | The high ATR as a percentage value for EQX suggests high volalility. |
| Average Directional Index/ADX (14) | 18.34 | NEGATIVE | The low ADX value for EQX suggests a weak or negative trend. |
EQX Chart- and CandleStick Pattern Analysis
EQX Technicals: Chart, Performance Metrics, Trend & Indicators
13.42
-1.03 (-7.13%)
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 Bullish.
Can you provide the RSI signal for EQUINOX GOLD CORP?
EQUINOX GOLD CORP (EQX) has an RSI value of 32.7615. This indicates that the stock is currently neutral.
What is the MACD signal for EQUINOX GOLD CORP (EQX) stock?
The MACD indicator for EQUINOX GOLD CORP (EQX) has a value of -0.469858, indicating a bearish trend.
What is the support and resistance level for EQX stock?
EQUINOX GOLD CORP (EQX) has a support level at 13.41. Check the full technical report for our detailed analysis of EQX support and resistance levels.