Technical Analysis
Recent price action shows EQT trading at $50.40 with significant volatility. The stock has formed a bearish pattern after reaching resistance around $53.43. Key support level exists at $49.79.
News Sentiment & Fundamental Drivers
- Positive catalyst: EQT CEO highlighted natural gas's crucial role in meeting AI sector's growing energy demands
- The company recently declared a quarterly dividend of $0.1575 per share
- Natural gas price volatility remains a concern, with Goldman Sachs maintaining a mid-cycle Henry Hub gas price target of $3.75/MMBtu from 2026
Analyst Consensus
Out of 23 analysts covering EQT:
- 13 Strong Buy ratings
- 1 Moderate Buy
- 9 Hold ratings
Mean price target: $53.30 with high target of $73.00
Price Prediction for Next Week
Based on technical indicators and news sentiment:
- Resistance: $53.30 (analyst consensus target)
- Support: $49.79 (recent low)
- Expected trading range: $49.50-$52.50
Trading Recommendation
SELL with target price of $48.50
Rationale:
- Bearish momentum after reaching analyst target price
- Natural gas price volatility creating downward pressure
- Technical indicators suggesting overbought conditions
- Stock trading below recent highs with weakening momentum
Set stop-loss at $53.50 to manage risk.
Technical Analysis
Recent price action shows EQT trading at $50.40 with significant volatility. The stock has formed a bearish pattern after reaching resistance around $53.43. Key support level exists at $49.79.
News Sentiment & Fundamental Drivers
- Positive catalyst: EQT CEO highlighted natural gas's crucial role in meeting AI sector's growing energy demands
- The company recently declared a quarterly dividend of $0.1575 per share
- Natural gas price volatility remains a concern, with Goldman Sachs maintaining a mid-cycle Henry Hub gas price target of $3.75/MMBtu from 2026
Analyst Consensus
Out of 23 analysts covering EQT:
- 13 Strong Buy ratings
- 1 Moderate Buy
- 9 Hold ratings
Mean price target: $53.30 with high target of $73.00
Price Prediction for Next Week
Based on technical indicators and news sentiment:
- Resistance: $53.30 (analyst consensus target)
- Support: $49.79 (recent low)
- Expected trading range: $49.50-$52.50
Trading Recommendation
SELL with target price of $48.50
Rationale:
- Bearish momentum after reaching analyst target price
- Natural gas price volatility creating downward pressure
- Technical indicators suggesting overbought conditions
- Stock trading below recent highs with weakening momentum
Set stop-loss at $53.50 to manage risk.