US29472R1086 - REIT
70.59 +0.5 (+0.71%)
After market: 70.59 0 (0%)
We assign a technical rating of 9 out of 10 to ELS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ELS is showing a nice and steady performance.
Although ELS has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
4 important support areas can be observed.
When analyzing the resistance we notice one important area.
EQUITY LIFESTYLE PROPERTIES
NYSE:ELS (11/27/2023, 7:04:00 PM)After market: 70.59 0 (0%)