EQUITY RESIDENTIAL (EQR) Stock Technical Analysis
USA - NYSE:EQR - US29476L1070 - REIT
61.5 USD
-0.59 (-0.95%)
61.5 USD
0 (0%)
We assign a technical rating of 0 out of 10 to EQR. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, EQR is a bad performer in the overall market: 83% of all stocks are doing better.
EQR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month EQR has a been trading in the 61.09 - 65.76 range, which is quite wide. It is currently trading near the lows of this range.
EQR has an average volume of 2046980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
EQR is part of the Residential REITs industry. There are 20 other stocks in this industry, EQR did better than 47% of them.
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
60.88
70.84
We found 1 important support area.
- A support zone ranging from 61.49 to 61.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 61.54 to 62.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 63.39 to 64.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 66.33 to 66.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 68.34 to 68.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @70.14 from a horizontal line in the daily time frame.
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 | 17.48 | NEGATIVE | EQR has a low relative strength, it was outperformed by 82.52% 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) | 34.92 | NEUTRAL | The RSI value for EQR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests EQR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.17 | NEUTRAL | The Stochastics value for EQR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.56 | LOW VOLATILITY | The low ATR as a percentage value for EQR suggests low volalility. |
| Average Directional Index/ADX (14) | 22.16 | NEUTRAL | The ADX value for EQR suggests a possible start of a new 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)
61.5
-0.59 (-0.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg-0.95%
1 Week-0.76%
2 Weeks-3.12%
1 Month-5.2%
3 Month-8.44%
6 Month-9.88%
12 Month-18.68%
2 Year11.15%
3 Year-2.41%
5 Year30.91%
10 Year-20.46%
15 Year26.47%
Volatility
ATR(14)0.91
ATR(20)%1.56%
ATR Inc16.8%
Range Today1.14
ADR(20)0.93
ADR(20)%1.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.48
Mansfield-1.9
10 Day High64.11
10 Day Low61.09
20 Day High65.76
20 Day Low61.09
52 Week High78.32
52 Week Low59.41
CS1 End61.49
CR1 Start61.54
Volume & EV
DER(3)4.47%
DER(5)3.31%
Volume4.88M
Volume Incr6.71%
Vol(5)2.29M
Vol(50)2.05M