EQUITY COMMONWEALTH (EQC) Stock Technical Analysis
NYSE:EQC - New York Stock Exchange, Inc. - US2946281027 - REIT - Currency: USD
We assign a technical rating of 1 out of 10 to EQC. EQC'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 negative, as is the long term trend. There should be more interesting stocks out there.
100% of all other stocks performed better in the past year than EQC.
EQC is part of the Diversified REITs industry. There are 129 other stocks in this industry, of which 94% are performing better than EQC.
EQC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month EQC has a been trading in the 1.68 - 1.83 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
EQC has an average volume of 2378340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, EQC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 1.74, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
1.65
1.89
2 important support areas can be observed.
- A support zone ranging from 1.72 to 1.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.67 to 1.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @1.75 from a horizontal line in the weekly time frame.
- Resistance @1.87 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
CRS0.22
Mansfield-8.99
10 Day High1.79
10 Day Low1.68
20 Day High1.83
20 Day Low1.68
52 Week High21
52 Week Low1.4
Performance
1 Week-0.57%
2 Weeks0%
1 Month2.96%
3 Month-91.35%
6 Month-91.41%
12 Month-90.5%
2 Year-91.8%
3 Year-93.45%
5 Year-94.47%
10 Year-93.42%
15 YearN/A
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)0.17
RSI(14)21.11
LBB1.68
UBB1.77
1.74
+0.02 (+1.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg1.16%
1 Week-0.57%
2 Weeks0%
1 Month2.96%
3 Month-91.35%
6 Month-91.41%
12 Month-90.5%
2 Year-91.8%
3 Year-93.45%
5 Year-94.47%
10 Year-93.42%
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%2.67%
ATR Inc-44.59%
Range Today0.03
ADR(20)0.05
ADR(20)%2.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.22
Mansfield-8.99
10 Day High1.79
10 Day Low1.68
20 Day High1.83
20 Day Low1.68
52 Week High21
52 Week Low1.4
CS1 End1.74
CR1 Start1.75
Volume & EV
DER(3)-4.66%
DER(5)-4.58%
Volume1.26M
Volume Incr-39.75%
Vol(5)605.60K
Vol(50)2.38M