EQUINOX GOLD CORP (EQX) Stock Technical Analysis
NYSEARCA:EQX - NYSE Arca - CA29446Y5020 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to EQX. In the last year, EQX was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, EQX did better than 90% of all other stocks. We also observe that the gains produced by EQX over the past year are nicely spread over this period.
EQX is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so EQX slightly outperforms the market at the moment.
EQX has an average volume of 11295900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
EQX is an average performer in the Metals & Mining industry, it outperforms 66% of 152 stocks in the same industry.
In the last month EQX has a been trading in the 5.59 - 7.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, EQX also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 6.70, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EQX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
5.07
7.36
When analyzing the support we can see 8 important areas.
- A support zone ranging from 6.55 to 6.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.20 from a trend line in the weekly time frame.
- Support @6.00 from a horizontal line in the weekly time frame.
- Support @5.82 from a trend line in the daily time frame.
- Support @5.67 from a horizontal line in the daily time frame.
- Support @5.48 from a trend line in the weekly time frame.
- Support @5.22 from a trend line in the daily time frame.
- Support @5.12 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @7.16 from a horizontal line in the daily time frame.
- Resistance @7.29 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.17
Mansfield1.79
10 Day High7.45
10 Day Low6.54
20 Day High7.45
20 Day Low5.59
52 Week High7.45
52 Week Low4.48
Performance
1 Week-4.28%
2 Weeks3.39%
1 Month-5.49%
3 Month14.31%
6 Month19.18%
12 Month21.34%
2 Year34.74%
3 Year-5.89%
5 Year-19.83%
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)0.01
RSI(14)50.06
LBB5.76
UBB7.55
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 |
|---|---|---|---|
| 7.17 | 6.54 | 0.63 (8.79%) | 11.38% |
| An entry @7.17. This is a Buy Stop order right above the resistance zone. | An exit @6.54. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.63 points, which is 8.79%. | When investing 11.38% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
6.71
-0.09 (-1.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.32%
1 Week-4.28%
2 Weeks3.39%
1 Month-5.49%
3 Month14.31%
6 Month19.18%
12 Month21.34%
2 Year34.74%
3 Year-5.89%
5 Year-19.83%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%5.79%
ATR Inc-40.68%
Range Today0.14
ADR(20)0.35
ADR(20)%5.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.17
Mansfield1.79
10 Day High7.45
10 Day Low6.54
20 Day High7.45
20 Day Low5.59
52 Week High7.45
52 Week Low4.48
CS1 End6.7
CR1 Start7.16
Volume & EV
DER(3)6.04%
DER(5)1.9%
Volume6.51M
Volume Incr-22.5%
Vol(5)10.91M
Vol(50)11.30M