EQUITY RESIDENTIAL (EQR) Stock Technical Analysis
NYSE:EQR - New York Stock Exchange, Inc. - US29476L1070 - REIT - Currency: USD
Taking everything into account, EQR scores 2 out of 10 in our technical rating. EQR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month EQR has a been trading in the 59.41 - 71.97 range, which is quite wide. It is currently trading near the high of this range.
EQR has an average volume of 1913520 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.
Looking at the yearly performance, EQR did better than 74% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
EQR is part of the Residential REITs industry. There are 20 other stocks in this industry, EQR did better than 52% of them.
EQR is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
EQR has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 72.16. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
63.15
76.82
When analyzing the support we can see 2 important areas.
- A support zone ranging from 68.80 to 69.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 63.79 to 65.03. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 72.16 to 73.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @76.06 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.41
Mansfield0.12
10 Day High70.64
10 Day Low66.52
20 Day High71.97
20 Day Low59.41
52 Week High78.83
52 Week Low59.41
Performance
1 Week1.27%
2 Weeks4.83%
1 Month-1.43%
3 Month-0.52%
6 Month1.65%
12 Month6.6%
2 Year11.08%
3 Year-13.79%
5 Year7.99%
10 Year-4.87%
15 Year55.2%
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)
Technical Indicators
MACD(12,26,9)0.5
RSI(14)56.65
LBB64.44
UBB71.4
70.26
+0.73 (+1.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg1.05%
1 Week1.27%
2 Weeks4.83%
1 Month-1.43%
3 Month-0.52%
6 Month1.65%
12 Month6.6%
2 Year11.08%
3 Year-13.79%
5 Year7.99%
10 Year-4.87%
15 Year55.2%
Volatility
ATR(14)1.9
ATR(20)%3.69%
ATR Inc-23.72%
Range Today2.18
ADR(20)2.51
ADR(20)%3.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.41
Mansfield0.12
10 Day High70.64
10 Day Low66.52
20 Day High71.97
20 Day Low59.41
52 Week High78.83
52 Week Low59.41
CS1 End69.76
CR1 Start72.16
Volume & EV
DER(3)1.75%
DER(5)0.99%
Volume3.16M
Volume Incr-2.81%
Vol(5)2.08M
Vol(50)1.91M