EQX Equinox Gold Corp.
Equinox Gold Corp. (EQX) trend channel, buy level and 3-month target on Trade The Path. Sector: Energy. Listed on AMEX. Levels below are fitted to this ticker's own swing highs and lows (Theil–Sen, log-price), then projected 3 months. If this ticker has no settled sample yet, treat the numbers as a geometric read, not a track record. Information only, not financial advice.
Mid-channel, falling on both timeframes
Price is between the two trend lines. Nothing to act on yet.
Read from the last 12 months of history we hold: falling, drifting −8% a year. The target of US$18.94 sits above the nearest ceiling (US$13.77), so reaching it means breaking a line this stock has repeatedly turned at. What would overturn this: a close below US$7.36 — the floor of the channel being read — after which the trend, not the entry, is what was wrong.
- 12 months read from
- US$7.36 – US$13.77 Falling channel, −8% a year
- Position in that channel
- 66% 0% at the floor, 100% at the ceiling
What broke this trend
- The fall
- -54% from US$18.6927 Feb 2026 → 17 July 2026
- Whose problem it was
- Its sector5 of 7 Gold and Silver Ores peers fell with it
- Does it resolve?
- Temporary falls like it have resolved on the record
- Regained so far
- 32%of what it lost
- What the record says
- 50% of 12 comparable falls came back, typically in 116 days measured on its own peer group
The trend broke in February 2026: price fell 54% from 18.69 to 8.61 by July 2026, and has regained 32% of that fall since. It was not this company alone: 5 of 7 Gold and Silver Ores peers fell as far within weeks of it, so the fall was the sector repricing rather than news about this business. The wire that week: “CIBC Upgrades Equinox Gold to Outperformer, Announces C$32 Price Target”. Falls like it have resolved: falls of about 54% here have come back to the old high 50% of the time (12 comparable falls), typically in 116 days. On that record the fall is treated as temporary, and the trend lines are fitted to the regime it created rather than through it. Priced from that: 18.94 within 133 days, reached 50% of the time in 12 comparable falls — about 0.45% a day held.
The buy and sell prices below are priced off this recovery rather than off the channel: it is the better expected return per day held once each is charged for the odds of working.
Reported at the time: CIBC Upgrades Equinox Gold to Outperformer, Announces C$32 Price Target — 24 Feb 2026
Price history, with the path projected 3 months forward
- Daily close
- Upper trend line (12 months)
- Lower trend line (12 months)
- Dashed after today: projected 3 months
- Our buy
- Our target
Suggested path
Buy now
US$11.58
last close · 16 Sept 2026
Channel buy is US$11.85; last close is the better price available now.
Our target
US$18.94
by 27 Jan 2027
Projected move
63.6%
gross, before costs
Last close is our buy — the best price available now.
The trend broke in February 2026: price fell 54% from 18.69 to 8.61 by July 2026, and has regained 32% of that fall since. It was not this company alone: 5 of 7 Gold and Silver Ores peers fell as far within weeks of it, so the fall was the sector repricing rather than news about this business. The wire that week: “CIBC Upgrades Equinox Gold to Outperformer, Announces C$32 Price Target”. Falls like it have resolved: falls of about 54% here have come back to the old high 50% of the time (12 comparable falls), typically in 116 days. On that record the fall is treated as temporary, and the trend lines are fitted to the regime it created rather than through it. Priced from that: 18.94 within 133 days, reached 50% of the time in 12 comparable falls — about 0.45% a day held. The entry is today's price, not a dip level: the fall is behind it and the evidence measured is what these recoveries paid from here, so waiting for a lower entry would be waiting for something the record does not say is coming. Of 12 comparable falls in Gold and Silver Ores, 50% were back at the old high within 116 days of the low, and the ones that got there gave up about 25% along the way — so expect to be underwater before it works. The target is the median level they regained, which is short of the old high of 18.69 because not all of them saw it again. It is a prediction and it is revised the same way any other is: if price loses its 50-day trend and stays below it, the recovery is treated as failed rather than delayed.
- Upper line touches
- 3
- Lower line touches
- 2
- Fit confidence
- 75%
- Fitted
- 16 Sept 2026
Company information
Fundamentals are not available for this instrument from the current data provider.
Trend lines are fitted statistically to past swing highs and lows and projected forward on the assumption the same rhythm continues. It often does not. This is information, not advice.