EQUITY LIFESTYLE PROPERTIES (ELS) Stock Technical Analysis
NYSE:ELS - New York Stock Exchange, Inc. - US29472R1086 - REIT - Currency: USD
We assign a technical rating of 2 out of 10 to ELS. ELS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
ELS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ELS is lagging the market.
In the last month ELS has a been trading in the 61.42 - 65.78 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
ELS has an average volume of 1495310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, ELS turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
ELS is an average performer in the Residential REITs industry, it outperforms 68% of 20 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ELS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
61.17
69.27
We found 1 important support area.
- Support @61.79 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 63.90 to 66.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 67.79 to 68.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ELS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ELS is down. |
| ChartMill Relative Strength | 50.79 | NEUTRAL | ELS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ELS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ELS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ELS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.54 | NEUTRAL | The RSI value for ELS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ELS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.5 | NEUTRAL | The Stochastics value for ELS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for ELS suggests low volalility. |
| Average Directional Index/ADX (14) | 23.75 | NEUTRAL | The ADX value for ELS suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
63.52
+0.13 (+0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg0.21%
1 Week-2.07%
2 Weeks-1.24%
1 Month0.73%
3 Month-3.83%
6 Month-10.46%
12 Month2.7%
2 Year0.55%
3 Year-16.09%
5 Year1.96%
10 Year131.87%
15 Year390.5%
Volatility
ATR(14)1.26
ATR(20)%1.95%
ATR Inc-21.29%
Range Today0.69
ADR(20)1.21
ADR(20)%1.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.79
Mansfield-0.79
10 Day High65.53
10 Day Low61.42
20 Day High65.79
20 Day Low61.42
52 Week High76.6
52 Week Low58.86
CS1 End61.79
CR1 Start63.9
Volume & EV
DER(3)-3.81%
DER(5)-1.92%
Volume940.98K
Volume Incr-34.04%
Vol(5)957.83K
Vol(50)1.50M