Logo image of EQM

Eqm Midstream Partners LP (EQM) Stock Technical Analysis

NYSE:EQM - New York Stock Exchange, Inc. -

21.43  +0.06 (+0.28%)

After market: 20.5331 -0.9 (-4.19%)

Technical Rating and Analysis

5

Overall EQM gets a technical rating of 5 out of 10. EQM has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.

EQM has an average volume of 2093330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Looking at the yearly performance, EQM did better than 71% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
EQM 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 EQM is lagging the market slightly.
In the last month EQM has a been trading in the 18.13 - 23.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
Eqm Midstream Partners LP / EQM Weekly stock chart
Eqm Midstream Partners LP / EQM Daily stock chart
Setup Rating and Analysis

6

EQM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 22.67. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.48, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

12.91

26.25

3 important support areas can be observed.

  • A support zone ranging from 19.46 to 19.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 18.68 to 18.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @13.04 from a trend line in the daily time frame.

We can see 4 important resistance areas.

  • A resistance zone ranging from 22.67 to 23.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @23.43 from a horizontal line in the daily time frame.
  • Resistance @25.28 from a trend line in the weekly time frame.
  • Resistance @25.99 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.68
Mansfield-2.07
10 Day High23.98
10 Day Low18.4
20 Day High23.98
20 Day Low18.13
52 Week High45
52 Week Low7.34
Performance
1 Week-2.1%
2 Weeks7.58%
1 Month13.21%
3 Month73.52%
6 Month-22.72%
12 Month-51.82%
2 YearN/A
3 YearN/A
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)-0.08
RSI(14)57.06
LBB18.49
UBB23.35
Eqm Midstream Partners LP / EQM Daily stock chart

Eqm Midstream Partners LP

NYSE:EQM (6/16/2020, 8:04:05 PM)

After market: 20.5331 -0.9 (-4.19%)

21.43

+0.06 (+0.28%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.28%
1 Week-2.1%
2 Weeks7.58%
1 Month13.21%
3 Month73.52%
6 Month-22.72%
12 Month-51.82%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.7
ATR(20)%7.38%
ATR Inc205.48%
Range Today2.47
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.68
Mansfield-2.07
10 Day High23.98
10 Day Low18.4
20 Day High23.98
20 Day Low18.13
52 Week High45
52 Week Low7.34
CS1 End19.48
CR1 Start22.67
Volume & EV
DER(3)0.14%
DER(5)0.02%
Volume21.47M
Volume Incr489.03%
Vol(5)7.34M
Vol(50)2.09M