RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of EQT
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EQTEC stock upgraded to Buy Candidate.
(Updated on Mar 27, 2024)

Buy candidate since Mar 27, 2024 PDF

The EQTEC stock price gained 3.20% on the last trading day (Wednesday, 27th Mar 2024), rising from $34.95 to $36.07. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 4.19% from a day low at $34.62 to a day high of $36.07. The price has risen in 6 of the last 10 days and is up by 6.06% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 252 thousand more shares were traded than the day before. In total, 7 million shares were bought and sold for approximately $257.02 million.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -7.11% during the next 3 months and, with a 90% probability hold a price between $29.36 and $34.60 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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EQT Signals & Forecast

The EQTEC stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $34.56 and $35.36. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 18, 2024, and so far it has risen 7.99%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for EQTEC stock

EQTEC finds support from accumulated volume at $34.61 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 $1.45 between high and low, or 4.19%. For the last week, the stock has had daily average volatility of 1.96%.

Our recommended stop-loss: $34.57 (-4.16%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 7 days ago.)

Trading Expectations (EQT) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect EQTEC plc to open at $35.59, and during the day (based on 14 day Average True Range), to move between $35.11 and $37.03, which gives a possible trading interval of +/-$0.96 (+/-2.67%) up or down from last closing price. If EQTEC plc takes out the full calculated possible swing range there will be an estimated 5.34% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $37.01 (2.61%) than the support at $34.61 (4.05%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is EQTEC plc stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 1.845 Buy Candidate Upgraded

Predicted Opening Price for EQTEC plc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$35.59 ( 1.34%) $36.07

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

Trading levels for EQT

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 37.04 2.68 %
R2 36.48 1.14 %
R1 36.14 0.196 %
Current price: 36.07
Support S1 35.03 -2.88 %
S2 34.69 -3.82 %
S3 34.14 -5.36 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 38.71 7.32 %
R2 37.30 3.41 %
R1 37.01 2.61 %
Current price 36.07
Support S1 34.61 -4.05%
S2 34.52 -4.30%
S3 33.43 -7.32%

EQT Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 08, 2024 Feb 16, 2024 Mar 01, 2024 $0.158 0.426%
2 Oct 12, 2023 Nov 07, 2023 Dec 01, 2023 $0.158 0.391%
3 Jul 19, 2023 Aug 09, 2023 Sep 01, 2023 $0.150 0.339%
4 Jul 19, 2023 Aug 08, 2023 Sep 01, 2023 $0.150 0.339%
5 Apr 19, 2023 May 09, 2023 Jun 01, 2023 $0.150 0.427%

FAQ

What is the symbol for EQTEC Stock and on which exchange is it traded?
The symbol for EQTEC is EQT and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell EQTEC Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

How to buy EQTEC Stock?
EQTEC Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy EQTEC Stock.

What's the current price of EQTEC Stock?
As of the end of day on the 2024-03-27, the price of an EQTEC (EQT) share was $36.07.

What is the 52-week high and low for EQTEC Stock?
The 52-week high for EQTEC Stock is $45.23 and the 52-week low is $29.95.

What is the market capitalization of EQTEC Stock?
As of the 2024-03-27, the market capitalization of EQTEC is 15.403B.

When is the next earnings date for EQTEC?
The upcoming earnings date for EQTEC is Apr 24, 2024.
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About EQTEC plc

EQTEC EQT Corporation operates as a natural gas production company in the United States. The company produces natural gas, natural gas liquids (NGLs), including ethane, propane, isobutane, butane, and natural gasoline. As of December 31, 2021, it had 25.0 trillion cubic feet of proved natural gas, NGLs, and crude oil reserves across approximately 2.0 million gross acres, including 1.7 million gross acres in the Marcellus play. The company was founded i... EQT Profile

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