Stock analysis, trade plans, and proprietary indicators by Trend Edge.
Trend Edge Setup Score
Trend Edge rates EQ Bullish with a Setup Score of 30, net conviction 42, actionability 22. How the Setup Score works →
Total Setup Score
30
Directional Bias
Bullish
Net Conviction
42
Actionability
22 (in range)
Key signals behind this score
40wk Uptrend — rising+above (sma 1.82 vs px 2.91)
80wk Uptrend — rising+above (sma 1.29 vs px 2.91)
200wk Uptrend — rising+above (sma 1.16 vs px 2.91)
Funds Accumulating — momZ +1.92 · 0.42→0.56
Founder-Led — founder/CEO led
About Equillium Inc
Equillium, Inc., a clinical-stage biotechnology company, develops therapeutics to treat severe autoimmune and inflammatory, or immuno-inflammatory disorders in the United States. The company develops EQ504, a novel AhR modulator that is in preclinical-stage for the treatment of ulcerative colitis and lung inflammation diseases. It also develops EQ302, a bi-specific inhibitor of IL-15 and IL-21 formulated for oral delivery for the treatment of cel… Read full Trend Edge analysis →
Sector: Healthcare
Industry: Biotechnology
Exchange: NASDAQ
IPO Date: October 11, 2018
Headquarters: 2223 Avenida De La Playa, La Jolla, CA, United States, 92037
Founder-Led: Yes — Bruce D. Steel (Chief Executive Officer & Director), Stephen Connelly (Chief Scientific Officer & President)
Key Metrics
Current Price
$2.91
Market Cap
$184M
Float
35.4M
Shares Outstanding
63.2M
P/E (Forward)
1.53
Price/Sales (TTM)
20.22
vs. Analyst Target
+144.8% to analyst PT
Revenue (TTM)
$4.4M
Dividend Rate
None
Analyst Target Price
$7.13 (2 analysts)
Financial History
Annual Revenue & Earnings History
Year
Revenue
Net Income
Gross Profit
EBITDA
2020
N/A
-$29.8M
-$45,000
-$29.5M
2021
N/A
-$39.0M
-$72,000
-$37.7M
2022
$15.8M
-$62.4M
$15.8M
-$61.3M
2023
$36.1M
-$13.3M
$36.1M
-$12.1M
2024
$41.1M
-$8.1M
$41.1M
-$7.6M
2025
$130,000
-$22.4M
-$116,000
-$22.3M
Recent Quarterly Revenue & Net Income
Quarter
Revenue
Net Income
Jun 2025
N/A
-$5.7M
Sep 2025
N/A
-$4.2M
Dec 2025
N/A
-$3.8M
Mar 2026
N/A
-$5.3M
Ownership & Float
Insider Ownership
16.0%
Institutional Ownership
64.3%
Short Float
13.3%
% of All Funds Holding
0.56%
Number of Funds Holding
46
Current Moving Averages
Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.
Timeframe
SMA
Value
Trend Context
Weekly
10-Week SMA
$2.71
Near-term / short-term trend
Weekly
40-Week SMA
$1.82
Medium-term trend
Weekly
80-Week SMA
$1.29
Cyclical trend (business cycle)
Weekly
200-Week SMA
$1.16
Secular trend (multi-year)
Monthly
10-Month SMA
$2.01
Near-term monthly trend
Monthly
20-Month SMA
$1.37
Medium-term monthly trend
Monthly
40-Month SMA
$1.18
Secular monthly trend
Volume Shelves — Support & Resistance
Trend Edge identifies volume shelves: price zones where historically elevated trading volume
creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative
volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.
Price Level
Type
Volume Ratio
Age
$0.40
support
8.14x
10 months ago
Historical Earnings Reactions (31 events)
Timeframe
Avg Return
Median
Win Rate
Best
Worst
Gap
0.09%
0.00%
41.94%
6.74%
-9.65%
1 Day
1.66%
0.33%
51.61%
44.83%
-16.33%
1 Week
2.31%
-0.14%
45.16%
66.07%
-23.75%
2 Weeks
4.13%
1.45%
51.61%
114.29%
-33.33%
1 Month
2.32%
-6.97%
36.67%
241.07%
-60.56%
Next earnings: August 13, 2026 (32 days away)
Seasonality & Day-of-Week Patterns
Monthly Seasonality
Month
Avg Return
Win Rate
Samples
Jan
5.5%
75.0%
8
Feb
32.1%
62.5%
8
Mar
-15.4%
37.5%
8
Apr
-11.8%
37.5%
8
May
8.6%
75.0%
8
Jun
-12.0%
25.0%
8
Jul
32.7%
57.1%
7
Aug
55.7%
71.4%
7
Sep
-8.6%
14.3%
7
Oct
-6.9%
28.6%
7
Nov
-9.1%
25.0%
8
Dec
-1.4%
50.0%
8
Day-of-Week Tendencies
Day
Avg Return
Win Rate
Samples
Monday
1.68%
40.8%
365
Tuesday
-0.29%
40.5%
400
Wednesday
0.06%
42.8%
397
Thursday
0.48%
46.3%
389
Friday
0.34%
46.6%
388
Top Institutional Holders
Institutional holder breakdown coming soon.
Total institutional ownership: 64.3%
Insider Transactions — Smart Summary
Total insider ownership: 16.0%
Founder-led management: Bruce D. Steel (Chief Executive Officer & Director), Stephen Connelly (Chief Scientific Officer & President)
Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Equillium Inc
(EQ) powered by Claude Opus — Anthropic's most capable AI model.
The analysis covers five layers:
technical analysis (near-term, medium-term, cyclical, and secular trend, momentum,
volume shelf support and resistance, breakout and breakdown signals),
qualitative analysis (business model, competitive moat, sector dynamics),
insider sentiment (buy and sell signals from executive and director transactions),
share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and
fundamental analysis (valuation, revenue growth, profit margin, earnings quality).
AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit,
stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward.
Whether you are building a long position, initiating a short, or looking for a reversal setup,
AI Consult identifies the highest-probability signal from the current trend.