Wednesday May 22, 2019 Change -6.99% Price $19.95
Chart period: 2019-02-25 - 2019-05-22
VOLUME
Buy
TREND
Hold
MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Buy

Will EQT stock price go up or down on Thu, 23 May 2019?

Predict

EQT Corporation Forecast and Stock Analysis

Technical EQT stock analysis for Wednesday May 22, 2019.

Sell candidate since 2019-05-22
Shorts 2.93% ( 2019-04-15 )
Insider % n/a
Institutional % n/a
Beta 1.12
ROA -1.95%
Price to book USD 0.49
P/E Ratio -10.90
Next Earnings Date 2019-07-25


EQT Corporation fell by -6.99% in the last day ( Wednesday, 22nd May 2019 ) from $21.45 to $19.95 During day the stock fluctuated 7.30% from a day low at $19.92 to a day high of $21.38. The price has risen in 6 of the last 10 days , but is still down by -2.4% for this period. Volume has increased in the last day by 0.52 million shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 3.34 million shares bought and sold for approximately $66.56 million.

Quick summary:

  • 30 day high of the EQT stock price was $21.67 and low was $19.59.
  • 90 day high was $21.86 and low was $17.78.
  • 52 week high for the EQT Corporation - $57.39 and low - $16.29.

Trend

EQT Corporation has broken the wide and weak rising short-term trend down. This signalize a slower rising rate, but may also be an early warning about a possible trend shift. Due to trend being broken there will now be resistance at the bottom line of the trend at $19.98. A reaction back to this level may hold a second chance to get out before further falls.

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Signals

There are few to none technical positive signals at the moment. EQT Corporation holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at $20.96 and $20.85. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Tuesday May 21, 2019, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

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A sell signal from a double bottom formation was found on Tuesday May 21, 2019 with a target of $20.90. Despite the objective of the signal formation has been reached the stock may continue to fall.

Relative Strength Index (RSI)

RSI14 is 52 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

EQT Corporation finds support from accumulated volume at $19.41.

Support: $19.41 Price: $19.95 Resistance: $20.44

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $1.46 (7.30%) between high and low. For the last week, the stock has had a daily average volatility of 3.53%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

3.53 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

The EQT Corporation stock holds several negative signals and despite the positive trend we believe EQT Corporation will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Sell Candidate.

Sell Candidate Downgraded
Stronger Sell Today EQT ranks #4760 as SELL CANDIDATE #4760 Weaker Sell
EQT $19.95 ($-1.50 -6.99%)
EQT is down $1.50 today, but where's it headed in 2019?
Zacks Investment Research is releasing its prediction for EQT based on the 1-3 month system that more than doubles the S&P 500.

This report is free today for StockInvest.us readers.

Click here – the EQT analysis is free »

Will EQT stock price go up or down
on Thu, 23 May 2019?

Predict

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