Equity Commonwealth (EQC) Technical Analysis
NYSE:EQC • US2946281027
Current stock price
EQC Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to EQC. EQC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, EQC is a bad performer in the overall market: 94% of all stocks are doing better.
- EQC is part of the Diversified REITs industry. There are 123 other stocks in this industry, of which 91% are performing better than EQC.
- EQC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- EQC has an average volume of 1378360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month EQC has a been trading in a tight range between 1.58 and 1.63.
- Volume is considerably higher in the last couple of days.
EQC Weekly and Daily overview Charts
EQC Setup Rating and Analysis
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.
More info and screens
EQC Support and Resistance Analysis
1.56
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.59 to 1.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.74 to 1.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
EQC Technical Indicator Signal Analysis
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. |
EQC Chart- and CandleStick Pattern Analysis
EQC Technicals: Chart, Performance Metrics, Trend & Indicators
1.58
-0.03 (-1.86%)
Equity Commonwealth / EQC TA FAQ
Can you provide the ChartMill technical rating for Equity Commonwealth?
ChartMill assigns a technical rating of 0 / 10 to EQC.
What is the trend direction for EQC stock?
The current trend direction for Equity Commonwealth (EQC) is Bearish.
What is the RSI signal for Equity Commonwealth (EQC) stock?
Equity Commonwealth (EQC) has an RSI value of 37.4227. This indicates that the stock is currently neutral.
What is the buy/sell signal for Equity Commonwealth (EQC) stock?
The buy/sell signal for Equity Commonwealth (EQC) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for Equity Commonwealth?
Equity Commonwealth (EQC) has a resistance level at 1.59. Check the full technical report for our detailed analysis of EQC support and resistance levels.