Overall EQIX gets a technical rating of 4 out of 10. In the last year, EQIX was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 79% of all other stocks performed better in the past year than EQIX.
- EQIX is one of the lesser performing stocks in the Specialized REITs industry. 82% of 30 stocks in the same industry do better.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- EQIX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- EQIX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EQIX is lagging the market.
Although the technical rating is only medium, EQIX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 795.18. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 767.47, a Stop Loss order could be placed below this zone.
More info and screens
718.82
We found 2 important support areas.
- A support zone ranging from 741.57 to 767.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @726.08 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 795.18 to 800.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @824.86 from a trend line in the weekly time frame.
- A resistance zone ranging from 846.02 to 846.02. 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 | NEUTRAL | NEUTRAL | The long term trend for EQIX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EQIX is up. |
| ChartMill Relative Strength | 21.04 | NEGATIVE | EQIX has a low relative strength, it was outperformed by 78.96% 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) | DOWN | MIXED | The current price of EQIX is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of EQIX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.15 | NEUTRAL | The RSI value for EQIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.43 | POSITIVE | The MACD value suggests EQIX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.06 | NEUTRAL | The Stochastics value for EQIX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.09 | MEDIUM VOLATILITY | The ATR as a percentage value for EQIX suggests some volalility. |
| Average Directional Index/ADX (14) | 14.97 | NEGATIVE | The low ADX value for EQIX suggests a weak or negative trend. |
791.27
-1.49 (-0.19%)
EQUINIX INC / EQIX FAQ
What is the ChartMill technical rating of EQUINIX INC (EQIX) stock?
ChartMill assigns a technical rating of 4 / 10 to EQIX.
Can you provide the trend direction for EQUINIX INC?
The current trend direction for EQUINIX INC (EQIX) is Bearish.
Can you provide the RSI signal for EQUINIX INC?
EQUINIX INC (EQIX) has an RSI value of 55.1489. This indicates that the stock is currently neutral.
What is the short term momentum for EQIX stock?
The short term momentum for EQUINIX INC (EQIX) is positive.
Can you provide the support and resistance levels for EQUINIX INC?
EQUINIX INC (EQIX) has a support level at 767.47 and a resistance level at 795.18. Check the full technical report for our detailed analysis of EQIX support and resistance levels.