EQUITY RESIDENTIAL (EQR) Stock Technical Analysis
NYSE:EQR - New York Stock Exchange, Inc. - US29476L1070 - REIT - Currency: USD
Overall EQR gets a technical rating of 4 out of 10. In the past year, EQR was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
EQR has an average volume of 2016440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, EQR outperforms 42% of them, which is more or less in line with the market.
EQR is an average performer in the Residential REITs industry, it outperforms 68% of 20 stocks in the same industry.
EQR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EQR is lagging the market slightly.
In the last month EQR has a been trading in a tight range between 66.95 and 70.31.
EQR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 69.09. Right above this resistance zone may be a good entry point.
More info and screens
63.15
72.88
We found 2 important support areas.
- A support zone ranging from 65.03 to 65.19. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @63.79 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 69.09 to 70.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 71.56 to 72.16. 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 EQR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EQR is neutral. |
| ChartMill Relative Strength | 42.03 | NEUTRAL | EQR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EQR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EQR is below the rising 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) | 48.13 | NEUTRAL | The RSI value for EQR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests EQR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.37 | NEUTRAL | The Stochastics value for EQR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.82 | LOW VOLATILITY | The low ATR as a percentage value for EQR suggests low volalility. |
| Average Directional Index/ADX (14) | 15.57 | NEGATIVE | The low ADX value for EQR suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
68.99
+0.12 (+0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg0.17%
1 Week-1.68%
2 Weeks0.77%
1 Month0.09%
3 Month-1.17%
6 Month-3.31%
12 Month1%
2 Year4.58%
3 Year-4.47%
5 Year17.29%
10 Year-1.68%
15 Year65.68%
Volatility
ATR(14)1.24
ATR(20)%1.82%
ATR Inc-24.6%
Range Today0.88
ADR(20)1.24
ADR(20)%1.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.03
Mansfield-0.66
10 Day High70.21
10 Day Low67.99
20 Day High70.31
20 Day Low66.95
52 Week High78.83
52 Week Low59.41
CS1 End65.19
CR1 Start69.09
Volume & EV
DER(3)-0.23%
DER(5)0.7%
Volume2.96M
Volume Incr-3.42%
Vol(5)1.81M
Vol(50)2.02M