EQUINIX INC (EQIX) Technical Analysis
NASDAQ:EQIX • US29444U7000
Current stock price
EQIX Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to EQIX. Both in the recent history as in the last year, EQIX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- EQIX is one of the better performing stocks in the Specialized REITs industry, it outperforms 96% of 28 stocks in the same industry.
- EQIX is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so EQIX is leading the market.
- In the last month EQIX has a been trading in the 918.27 - 1006.55 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, EQIX did better than 82% of all other stocks. However, this relatively good performance is mostly due to a recent big 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
738.07
5 important support areas can be observed.
- A support zone ranging from 959.15 to 972.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @937.19 from a horizontal line in the daily time frame.
- Support @871.81 from a trend line in the daily time frame.
- Support @803.28 from a horizontal line in the daily time frame.
- A support zone ranging from 745.53 to 756.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1000.38 to 1000.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 82.81 | POSITIVE | EQIX has a high relative strength, it outperformed 82.81% 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) | 69.6 | NEUTRAL | The RSI value for EQIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.95 | NEGATIVE | The MACD value suggests EQIX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 84.01 | OVERBOUGHT | The high Stochastics value suggests EQIX may be overbought. |
| Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for EQIX suggests some volalility. |
| Average Directional Index/ADX (14) | 24.79 | NEUTRAL | The ADX value for EQIX suggests a possible start of a new trend. |
EQIX Chart- and CandleStick Pattern Analysis
EQIX Technicals: Chart, Performance Metrics, Trend & Indicators
1000.37
+4.39 (+0.44%)
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 69.5964. This indicates that the stock is currently neutral.
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 972.36 and a resistance level at 1000.38. Check the full technical report for our detailed analysis of EQIX support and resistance levels.