USA - New York Stock Exchange - NYSE:EQC - US2946281027 - REIT
Taking everything into account, EQC scores 0 out of 10 in our technical rating. EQC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, EQC does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.59. Right above this resistance zone may be a good entry point.
1.56
We can see 2 important resistance areas.
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 EQC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EQC is down. |
| ChartMill Relative Strength | 6.29 | NEGATIVE | EQC has a low relative strength, it was outperformed by 93.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EQC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EQC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EQC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.42 | NEUTRAL | The RSI value for EQC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests EQC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 26.67 | NEUTRAL | The Stochastics value for EQC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.5 | LOW VOLATILITY | The low ATR as a percentage value for EQC suggests low volalility. |
| Average Directional Index/ADX (14) | 31.95 | POSITIVE | The high ADX value value for EQC suggests a strong trend. |
1.58
-0.03 (-1.86%)
ChartMill assigns a technical rating of 0 / 10 to EQC.
The current trend direction for Equity Commonwealth (EQC) is Bearish.
Equity Commonwealth (EQC) has an RSI value of 37.4227. This indicates that the stock is currently neutral.
The MACD indicator for Equity Commonwealth (EQC) has a value of 0.00992585, indicating a bearish trend.
The buy/sell signal for Equity Commonwealth (EQC) is sell as both the short term and long term trends are negative.