EQT Corporation (EQT)

EQT Corporation is trading at $53.44, up 0.81% on the session. The 50 day average sits at $51.97 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 60.1, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $51.22 with resistance near $54.81, so that band frames the current range. Average daily movement is roughly $1.33, or about 2.5% of the share price, which is what any stop placement has to allow for. The overall health score of 74 out of 100 combines a trend score of 68, momentum of 84 and a risk score of 70.

EQT Corporation engages in the exploration, production, gathering, and transmission of hydrocarbons and natural gas. The company sells natural gas, natural gas liquids, and oil to marketers, utilities, and industrial customers located in the Appalachian Basin. It also provides marketing services and contractual pipeline capacity management services, as well as engages in risk management and hedging activities. The company was formerly known as Equitable Resources Inc. and changed its name to EQT Corporation in February 2009. EQT Corporation was founded in 1888 and is headquartered in Canonsburg, Pennsylvania.