Stock Trend Analysis Report
Prepared for you on Wednesday, January 29, 2020.
Equinox Gold Corp. (AMEX:EQX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for EQX
The long term trend has been UP since Oct 8th, 2019 at 5.6934
The intermediate term trend has been UP since Dec 16th, 2019 at 6.2900
The short term trend has been DOWN since Jan 27th, 2020 at 8.2100
Smart Scan Analysis for EQX
Based on a pre-defined weighted trend formula for chart analysis, EQX scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||8.18||52wk High Date||2019-08-22|
|52wk Low||3.65||52wk Low Date||2019-05-29|
|Average Volume||654,975||Shares Outstanding||113,256|