EXTRA SPACE STORAGE INC (EXR) Stock Technical Analysis
USA - NYSE:EXR - US30225T1025 - REIT
We assign a technical rating of 0 out of 10 to EXR. EXR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of EXR is bad and it also does not present a quality setup 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
129.74
We found 1 important support area.
- Support @131.05 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 141.81 to 143.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 148.49 to 152.99. 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 EXR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EXR is down. |
| ChartMill Relative Strength | 19.77 | NEGATIVE | EXR has a low relative strength, it was outperformed by 80.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EXR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EXR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EXR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.38 | OVERSOLD | The low RSI value suggests EXR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.11 | NEGATIVE | The MACD value suggests EXR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.89 | OVERSOLD | The low Stochastics value suggests EXR may be oversold. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for EXR suggests some volalility. |
| Average Directional Index/ADX (14) | 38.19 | POSITIVE | The high ADX value value for EXR suggests a strong trend. |
131.06
-1.95 (-1.47%)
EXTRA SPACE STORAGE INC / EXR FAQ
What is the technical rating for EXR stock?
ChartMill assigns a technical rating of 0 / 10 to EXR.
Can you provide the trend direction for EXTRA SPACE STORAGE INC?
The current trend direction for EXTRA SPACE STORAGE INC (EXR) is Bearish.
What is the RSI signal for EXR stock?
EXTRA SPACE STORAGE INC (EXR) has an RSI value of 28.383. This indicates that the stock is currently oversold.
What is the short term momentum for EXTRA SPACE STORAGE INC (EXR) stock?
The short term momentum for EXTRA SPACE STORAGE INC (EXR) is negative.
What is the support and resistance level for EXR stock?
EXTRA SPACE STORAGE INC (EXR) has a support level at 131.05 and a resistance level at 141.81. Check the full technical report for our detailed analysis of EXR support and resistance levels.