EQUINOX GOLD CORP (EQX)

CA29446Y5020 - Common Stock

5.98  +0.15 (+2.57%)

Premarket: 6.002 +0.02 (+0.37%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to EQX. EQX has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
EQX is part of the Metals & Mining industry. There are 154 other stocks in this industry. EQX outperforms 79% of them.
EQX 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 EQX is performing more or less in line with the market.
In the last month EQX has a been trading in the 4.95 - 6.14 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
EQX has an average volume of 4620490 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 EQX is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
EQX Weekly chart
EQX Daily chart
Setup Rating and Analysis

3

Although EQX has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

4.87

6.57

We found 3 important support areas.

  • A support zone ranging from 5.12 to 5.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @5.00 from a trend line in the daily time frame.
  • Support @4.92 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 6.25 to 6.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 6.46 to 6.50. This zone is formed by a combination of multiple trend lines 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
CRS83.7
Mansfield0.34
10 Day High6.14
10 Day Low4.95
20 Day High6.14
20 Day Low4.95
52 Week High6.5
52 Week Low3.95
Performance
1 Week17.49%
2 Weeks16.57%
1 Month3.64%
3 Month4%
6 Month7.75%
12 Month33.48%
2 Year31.43%
3 Year4%
5 Year-28.89%
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)0.11
RSI(14)60.2
LBB4.61
UBB6.11
EQX Daily chart

EQUINOX GOLD CORP

NYSEARCA:EQX (1/14/2025, 8:04:00 PM)

Premarket: 6.002 +0.02 (+0.37%)

5.98

+0.15 (+2.57%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.57%
1 Week17.49%
2 Weeks16.57%
1 Month3.64%
3 Month4%
6 Month7.75%
12 Month33.48%
2 Year31.43%
3 Year4%
5 Year-28.89%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%3.8%
ATR Inc27.69%
Range Today0.22
ADR(20)0.2
ADR(20)%3.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.7
Mansfield0.34
10 Day High6.14
10 Day Low4.95
20 Day High6.14
20 Day Low4.95
52 Week High6.5
52 Week Low3.95
CS1 End5.23
CR1 Start6.25
Volume & EV
DER(3)6.74%
DER(5)6.13%
Volume6.41M
Volume Incr80.54%
Vol(5)8.36M
Vol(50)4.62M