Equinox Gold Corp.
Here’s whether Equinox Gold Corp. (EQX) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bullish.
Positives: trading above the 200-day MA (long-term uptrend intact); above the 50-day MA (medium-term momentum positive); 50-day MA is rising (+0.92% over 10 days); strong 1-year return of +71.3%; 3-month momentum positive (+11.5%). Concerns: RSI 87 — overbought, elevated pullback risk. Currently 28.6% off its 52-week high. Score: +5/7.
EQX is in a confirmed uptrend, trading above both its 50-day ($10.21) and 200-day ($13.22) moving averages. With an RSI of 86.8, momentum has stretched into overbought territory — short-term pullbacks are common from these levels. The 1-year return of +71.3% compares to +20.5% for SPY (beat the market by 50.8%). The current 28.6% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.