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: Bearish.
🔴
Bearish
Positives: strong 1-year return of +45.9%. Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-8.54% over 10 days); 3-month momentum negative (-35.2%). Currently 51.0% off its 52-week high. Score: -4/7.
EQX is trading below its 200-day MA ($13.28) — a key warning sign the longer-term trend is under pressure. An RSI of 34.1 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +45.9% compares to +16.5% for SPY (beat the market by 29.4%). The current 51.0% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.
$10,000 invested 1 year ago→ $14,591 today
vs. S&P 500 (SPY) — same period beat market by 29.4%
1-Year Price Chart
Daily candles
MA-50MA-200UpDown
Signal Check
✗Above 200-day MA ($13.28)
✗Above 50-day MA ($10.75)
✓RSI(14) neutral zone (30–70) — currently 34.1
✓Positive return (+45.9%)
!Within 10% of period high (−51.0%)
Period Range $9.28
$6.01$18.96
RSI (14) 34.1
0 · OversoldOverbought · 100
Key Metrics
Price$9.28
Period Return+45.9%
Period High$18.96
Period Low$6.01
Drawdown−51.0%
MA-50$10.75
MA-200$13.28
RSI (14)34.1
Avg Volume (30d)12.9M
vs. SPYbeat by 29.4%
Return Rank#231 of 999
Trend Signals
Price is below the 200-day moving average ($13.28)