EQUITY RESIDENTIAL (EQR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:EQR - US29476L1070 - REIT
Taking everything into account, EQR scores 1 out of 10 in our technical rating. EQR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
EQR has a poor technical rating and the quality of the setup is also not perfect 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
When analyzing the support we notice one important 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.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 61.37 to 62.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 64.40 to 65.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 66.81 to 68.34. 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 | DOWN | NEGATIVE | The long term trend for EQR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EQR is neutral. |
| ChartMill Relative Strength | 21.03 | NEGATIVE | EQR has a low relative strength, it was outperformed by 78.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EQR is above the rising 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) | 50.83 | NEUTRAL | The RSI value for EQR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests EQR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.38 | NEUTRAL | The Stochastics value for EQR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.53 | LOW VOLATILITY | The low ATR as a percentage value for EQR suggests low volalility. |
| Average Directional Index/ADX (14) | 19.58 | NEGATIVE | The low ADX value for EQR suggests a weak or negative trend. |
61.06
-0.55 (-0.89%)
EQUITY RESIDENTIAL / EQR FAQ
What is the technical rating for EQR stock?
ChartMill assigns a technical rating of 1 / 10 to EQR.
What is the current trend direction of EQUITY RESIDENTIAL (EQR) stock?
The current trend direction for EQUITY RESIDENTIAL (EQR) is Bearish.
Can you provide the RSI signal for EQUITY RESIDENTIAL?
EQUITY RESIDENTIAL (EQR) has an RSI value of 50.8297. This indicates that the stock is currently neutral.
Can you provide the short term momentum for EQUITY RESIDENTIAL?
The short term momentum for EQUITY RESIDENTIAL (EQR) is neutral.
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 61.37. Check the full technical report for our detailed analysis of EQR support and resistance levels.