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Weaker Hold
Today EQBK ranks #2616 as hold candidate. Get a Free Stock at Robinhood
Stronger Stock

$32.46 (-1.96%)

Volume: 36k

Closed: Nov 29, 2021

Hollow Logo Score: -0.195

Equity Bancshares Stock Forecast

$32.46 (-1.96%)

Volume: 36k

Closed: Nov 29, 2021

Score Hollow Logo -0.195
Which way will EQBK go? Request
Stop-loss: $30.75 (-5.26%)
Key Stats
Beta 0.94
Trailing Dividend Rate 0.25% ($0.0800)
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] RSI14 is 37 and the stock is currently not being overbought or oversold

Equity Bancshares stock price ended on $32.46 on Monday after losing 1.96%
(Updated on Nov 29, 2021)


Buy or Hold candidate since 2021-11-11 Loss -7.18%

The Equity Bancshares stock price fell by -1.96% on the last day (Monday, 29th Nov 2021) from $33.11 to $32.46. and has now fallen 4 days in a row. During the day the stock fluctuated 3.05% from a day low at $32.42 to a day high of $33.41. The price has been going up and down for this period, and there has been a -7.12% loss for the last 2 weeks. Volume has increased on the last day by 3 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 36 thousand shares were bought and sold for approximately $1.16 million.

Given the current short-term trend, the stock is expected to rise 9.23% during the next 3 months and, with a 90% probability hold a price between $35.46 and $39.39 at the end of this 3-month period.

Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Equity Bancshares stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $34.27 and $34.15. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, November 17, 2021, and so far it has fallen -9.13%. Further fall is indicated until a new bottom pivot has been found. Equity Bancshares gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The stock had a Golden Star Signal on Wednesday, August 04, 2021 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Wednesday, August 04, 2021 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss

Equity Bancshares finds support from accumulated volume at $31.80 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.99 between high and low, or 3.05%. For the last week, the stock has had a daily average volatility of 2.68%.

Our recommended stop-loss: $30.75 (-5.26%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 7 days ago.)

Is Equity Bancshares stock A Buy?

Equity Bancshares holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: -0.195

Predicted Opening Price for Equity Bancshares of Tuesday, November 30, 2021

The predicted opening price is based on yesterday's movements between high, low, and the closing price.

Fair opening price November 30, 2021 Current price
$32.76 $32.46 (Undervalued)
Hold/Accumulate Unchanged

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Analyst Ratings

Stephens is very positive about EQBK and gave it a "Overweight" rating on May 01, 2020. The price target was changed from $20.00 to $22.00.

Volatility and Risk
Daily Average Volatility: 2.68 %
Overall Risk: Very High High Medium Low Very Low
Volatility
2.68 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $34.70
Price: $32.46
Support: $31.80

EQBK Insider Trading Show all Trades

INSIDER POWER

1.233

Last 100 transactions
Buy: 378 832 | Sell: 307 349 (Shares)
Date Action Amount Person Type
Nov 15, 2021 Buy 854 Lawson Edwin G Common Stock
Nov 01, 2021 Sell 6 340 Harbert Patrick J. Employee Stock Option
Nov 01, 2021 Sell 358 Harbert Patrick J. Employee Stock Option
Nov 01, 2021 Sell 3 135 Harbert Patrick J. Employee Stock Option
Nov 01, 2021 Sell 9 833 Harbert Patrick J. Common Stock
Show all Insider Trades
INSIDER POWER

1.233

Last 100 transactions
Buy: 378 832 | Sell: 307 349 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 33.75 3.98 %
33.38 2.82 %
33.14 2.10 %
Current price: 32.46
Support 32.39 -0.23 %
32.15 -0.95 %
31.77 -2.12 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 35.15 8.29 %
34.97 7.73 %
34.70 6.90 %
Current price 32.46
Support 31.80 -2.03%
30.90 -4.81%
30.11 -7.24%

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About Equity Bancshares

Equity Bancshares Equity Bancshares, Inc. operates as a bank holding company for Equity Bank that provides a range of financial services primarily to businesses, business owners, and individuals. The company offers various deposit products, including demand, savings, money market, and time deposits. It also provides loans, such as commercial and industrial, commercial real estate-backed loans, commercial lines of credit, working capital loans, term loans, equipmen... Read more

Golden Star Signal

This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.

This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!

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