EQUITY RESIDENTIAL (EQR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:EQR - US29476L1070 - REIT
Taking everything into account, EQR scores 0 out of 10 in our technical rating. EQR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of EQR is bad and it also does not present a 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
58.10
We found 1 important support area.
- A support zone ranging from 58.69 to 59.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 60.92 to 64.59. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for EQR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EQR is down. |
| ChartMill Relative Strength | 21.91 | NEGATIVE | EQR has a low relative strength, it was outperformed by 78.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EQR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EQR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EQR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.8 | NEUTRAL | The RSI value for EQR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests EQR has a negative trend. |
| Stochastics (14,3) | 11.31 | OVERSOLD | The low Stochastics value suggests EQR may be oversold. |
| Average True Range in percent/ATR (20) | 1.91 | LOW VOLATILITY | The low ATR as a percentage value for EQR suggests low volalility. |
| Average Directional Index/ADX (14) | 13.7 | NEGATIVE | The low ADX value for EQR suggests a weak or negative trend. |
60.19
-0.07 (-0.12%)
EQUITY RESIDENTIAL / EQR FAQ
What is the technical rating for EQR stock?
ChartMill assigns a technical rating of 0 / 10 to EQR.
Can you provide the trend direction for EQUITY RESIDENTIAL?
The current trend direction for EQUITY RESIDENTIAL (EQR) is Bearish.
What is the RSI signal for EQUITY RESIDENTIAL (EQR) stock?
EQUITY RESIDENTIAL (EQR) has an RSI value of 41.7969. This indicates that the stock is currently neutral.
What is the MACD signal for EQR stock?
The MACD indicator for EQUITY RESIDENTIAL (EQR) has a value of -0.301572, indicating a bearish trend.
Can you provide the support and resistance levels for EQUITY RESIDENTIAL?
EQUITY RESIDENTIAL (EQR) has a support level at 59.41 and a resistance level at 60.92. Check the full technical report for our detailed analysis of EQR support and resistance levels.