EQUITY RESIDENTIAL (EQR) Stock Technical Analysis
NYSE:EQR - US29476L1070 - REIT
64.01 USD
-2.11 (-3.19%)
64.01 USD
0 (0%)
We assign a technical rating of 1 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, EQR is a bad performer in the overall market: 84% of all stocks are doing better.
EQR is one of the lesser performing stocks in the Residential REITs industry. 68% of 20 stocks in the same industry do 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.
EQR has an average volume of 2171050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month EQR has a been trading in the 62.09 - 66.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, EQR does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 63.79, a Stop Loss order could be placed below this zone.
More info and screens
60.92
72.44
When analyzing the support we notice one important area.
- A support zone ranging from 61.54 to 63.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 64.10 to 65.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 67.68 to 67.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 69.77 to 70.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 71.63 to 71.72. 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 | 16.24 | NEGATIVE | EQR has a low relative strength, it was outperformed by 83.76% off all stocks 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) | 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) | 45.53 | NEUTRAL | The RSI value for EQR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests EQR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75 | NEUTRAL | The Stochastics value for EQR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.74 | LOW VOLATILITY | The low ATR as a percentage value for EQR suggests low volalility. |
| Average Directional Index/ADX (14) | 17.35 | 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)
64.01
-2.11 (-3.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg-3.19%
1 Week-1.22%
2 Weeks1.22%
1 Month2.14%
3 Month-6.55%
6 Month-11.06%
12 Month-13.9%
2 Year9.03%
3 Year-4.78%
5 Year24.7%
10 Year-14.79%
15 Year34.56%
Volatility
ATR(14)1.14
ATR(20)%1.74%
ATR Inc80.41%
Range Today2.05
ADR(20)1.03
ADR(20)%1.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.24
Mansfield-1.59
10 Day High66.2
10 Day Low63.32
20 Day High66.2
20 Day Low62.09
52 Week High78.83
52 Week Low59.41
CS1 End63.79
CR1 Start64.1
Volume & EV
DER(3)1.63%
DER(5)0.92%
Volume1.80M
Volume Incr-1.88%
Vol(5)2.33M
Vol(50)2.17M