EQT CORP (EQT)

US26884L1098 - Common Stock

42.99  +0.34 (+0.8%)

After market: 43.3299 +0.34 (+0.79%)

Technical Rating and Analysis

7

Overall EQT gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month EQT has a been trading in the 42.27 - 47.92 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
EQT is part of the Oil, Gas & Consumable Fuels industry. There are 205 other stocks in this industry. EQT outperforms 80% of them.
EQT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so EQT is performing more or less in line with the market.
EQT has an average volume of 7328650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that EQT is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Weekly and Daily overview Charts
EQT Weekly chart
EQT Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, EQT also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 42.98, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

31.23

47.37

We found 3 important support areas.

  • A support zone ranging from 42.53 to 42.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 38.26 to 38.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @31.55 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • Resistance @46.90 from a horizontal line in the daily 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
CRS81.33
Mansfield0.45
10 Day High46.31
10 Day Low42.27
20 Day High47.92
20 Day Low42.27
52 Week High48.02
52 Week Low30.02
Performance
1 Week-5.7%
2 Weeks-0.78%
1 Month-8.32%
3 Month23.43%
6 Month16.28%
12 Month10.26%
2 Year27.08%
3 Year97.11%
5 Year294.4%
10 Year-43.21%
15 Year-2.12%
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)-0.48
RSI(14)47.29
LBB41.92
UBB46.34
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
44.0742.521.54 (3.51%)25.00%
An entry @44.06. This is a Buy Stop order right above the 10 day moving average.An exit @42.52. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.54 points, which is 3.51%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.88%.

  • The distance between exit and entry is rather small compared to the average daily movement of EQT. 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.
EQT Daily chart

EQT CORP

NYSE:EQT (12/20/2024, 8:07:24 PM)

After market: 43.3299 +0.34 (+0.79%)

42.99

+0.34 (+0.8%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.8%
1 Week-5.7%
2 Weeks-0.78%
1 Month-8.32%
3 Month23.43%
6 Month16.28%
12 Month10.26%
2 Year27.08%
3 Year97.11%
5 Year294.4%
10 Year-43.21%
15 Year-2.12%
Volatility
ATR(14)1.28
ATR(20)%3.01%
ATR Inc-4.64%
Range Today1.22
ADR(20)1.25
ADR(20)%2.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.33
Mansfield0.45
10 Day High46.31
10 Day Low42.27
20 Day High47.92
20 Day Low42.27
52 Week High48.02
52 Week Low30.02
CS1 End42.98
CR1 Start46.9
Volume & EV
DER(3)1.37%
DER(5)0.28%
Volume12.91M
Volume Incr-2.09%
Vol(5)7.93M
Vol(50)7.33M