EQUINIX INC (EQIX) Technical Analysis
NASDAQ:EQIX • US29444U7000
Current stock price
EQIX Technical Rating and Analysis
Overall EQIX gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EQIX is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- EQIX is part of the Specialized REITs industry. There are 28 other stocks in this industry. EQIX outperforms 96% of them.
- EQIX is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month EQIX has a been trading in the 958.26 - 1128.68 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that EQIX is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
EQIX Weekly and Daily overview Charts
EQIX Setup Rating and Analysis
Although EQIX has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
EQIX Support and Resistance Analysis
749.13
When analyzing the support we can see 4 important areas.
- A support zone ranging from 959.15 to 959.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @898.79 from a trend line in the daily time frame.
- Support @803.28 from a horizontal line in the daily time frame.
- Support @756.70 from a horizontal line in the weekly time frame.
EQIX 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 | UP | POSITIVE | The long term trend for EQIX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EQIX is up. |
| ChartMill Relative Strength | 86.07 | POSITIVE | EQIX has a high relative strength, it outperformed 86.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EQIX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EQIX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EQIX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.3 | OVERBOUGHT | The high RSI value suggests EQIX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.78 | POSITIVE | The MACD value suggests EQIX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.76 | OVERBOUGHT | The high Stochastics value suggests EQIX may be overbought. |
| Average True Range in percent/ATR (20) | 1.89 | LOW VOLATILITY | The low ATR as a percentage value for EQIX suggests low volalility. |
| Average Directional Index/ADX (14) | 46.35 | POSITIVE | The high ADX value value for EQIX suggests a strong trend. |
EQIX Chart- and CandleStick Pattern Analysis
EQIX Technicals: Chart, Performance Metrics, Trend & Indicators
1108.76
-6.53 (-0.59%)
EQUINIX INC / EQIX TA FAQ
What is the ChartMill technical rating of EQUINIX INC (EQIX) stock?
ChartMill assigns a technical rating of 9 / 10 to EQIX.
What is the current trend direction of EQUINIX INC (EQIX) stock?
The current trend direction for EQUINIX INC (EQIX) is Bullish.
What is the RSI signal for EQUINIX INC (EQIX) stock?
EQUINIX INC (EQIX) has an RSI value of 77.303. This indicates that the stock is currently overbought.
What is the buy/sell signal for EQUINIX INC (EQIX) stock?
The buy/sell signal for EQUINIX INC (EQIX) is buy as both the short term and long term trends are positive.
What is the support and resistance level for EQIX stock?
EQUINIX INC (EQIX) has a support level at 959.15. Check the full technical report for our detailed analysis of EQIX support and resistance levels.