Equity Bancshares (NYSE:EQBK) Passes Minervini Trend Template and High-Growth Screen
Equity Bancshares clears Mark Minervini’s Trend Template and a High Growth Momentum screen, supported by positive market trends, improving quarterly results and a perfect ChartMill technical rating, although estimate misses, wide ranges and interest-rate sensitivity remain risks.
Equity Bancshares Inc. Class A (NYSE:EQBK), based in Wichita, Kansas, stands out on a screen combining Mark Minervini’s Trend Template with a High Growth Momentum filter. The quoted stock reference is 49.86, down 0.04%, while the technical review lists a current price of 51.15. The S&P 500’s long- and short-term trends are positive. The Trend Template requires a Stage 2 uptrend, prices above key moving averages, proximity to the 52-week high and relative strength above 70. EQBK is above its SMA20 of 50.94, SMA50 of 49.47, SMA100 of 47.46 and SMA200 of 46.14. The SMA50 is above the SMA150 and SMA200, and the major averages are rising. The shares are 32.5% above their 52-week low of 38.60 and within 2.1% of the 52-week high of 52.27. ChartMill relative strength is 79.92. The High Growth Momentum screen requires a rating of at least 4 and seeks accelerating sales and earnings, improving estimates and forward momentum. Trailing EPS is 1.67, with trailing-twelve-month growth of negative 59.4%; however, latest-quarter EPS rose 35.1% year over year, and the next-quarter estimate indicates 185.9% growth. TTM revenue growth is 10.1%, latest-quarter sales increased 40.3%, and the next-quarter estimate is 492.8%. The latest-quarter profit margin was 20.4%, down from 30.2%. The next-year EPS estimate rose 0.3% over three months, while the revenue estimate declined 0.5%. ChartMill gives EQBK a technical rating of 10 out of 10, and it outperformed 79% of the market over the past year. Its setup rating is 6 out of 10, reflecting consolidation rather than a tight volatility contraction. Support is 46.46–47.14 and 44.26–44.90; resistance is 51.26–51.74. A suggested structure is a buy stop above 51.75 with a stop near 49.81, implying roughly 3.75% risk. EQBK beat earnings estimates once in the last four quarters and revenue estimates none. Wide trading ranges and interest-rate sensitivity add risk. Momentum screens are not standalone buy signals. The methodology can identify similar stocks. This article is informational and educational, not financial advice or a recommendation.



