Overall EQX gets a technical rating of 9 out of 10. Both in the recent history as in the last year, EQX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- In the last month EQX has a been trading in the 13.73 - 17.40 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- 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!
- Looking at the yearly performance, EQX did better than 94% of all other stocks.
- EQX is currently trading in the upper part of its 52 week range, while the S&P500 Index is trading in the lower part of its yearly range. So EQX is doing quite good in this market.
- EQX has an average volume of 9448590 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 157 other stocks in this industry, EQX did better than 53% of them.
Although EQX has an excellent technical rating, it 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
10.30
We found 4 important support areas.
- Support @14.14 from a horizontal line in the daily time frame.
- A support zone ranging from 13.69 to 13.79. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @13.41 from a horizontal line in the daily time frame.
- Support @10.40 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 14.16 to 14.34. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for EQX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EQX is neutral. |
| ChartMill Relative Strength | 94.84 | POSITIVE | EQX has a high relative strength, it outperformed 94.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EQX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EQX is below 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) | 44.05 | NEUTRAL | The RSI value for EQX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests EQX has a negative trend. |
| Stochastics (14,3) | 29.7 | NEUTRAL | The Stochastics value for EQX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.77 | HIGH VOLATILITY | The high ATR as a percentage value for EQX suggests high volalility. |
| Average Directional Index/ADX (14) | 18.86 | NEGATIVE | The low ADX value for EQX suggests a weak or negative trend. |
14.15
-0.15 (-1.05%)
EQUINOX GOLD CORP / EQX FAQ
What is the ChartMill technical rating of EQUINOX GOLD CORP (EQX) stock?
ChartMill assigns a technical rating of 9 / 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 44.0467. 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 -0.127464, indicating a bearish trend.
What is the support and resistance level for EQX stock?
EQUINOX GOLD CORP (EQX) has a support level at 14.14 and a resistance level at 14.16. Check the full technical report for our detailed analysis of EQX support and resistance levels.