EQUINIX INC (EQIX)

US29444U7000 - REIT

918.94  -4.06 (-0.44%)

After market: 918.94 0 (0%)

Technical Rating and Analysis

8

Overall EQIX gets a technical rating of 8 out of 10. Although EQIX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

The long and short term trends are both positive. This is looking good!
EQIX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month EQIX has a been trading in the 869.50 - 943.02 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.
When comparing the performance of all stocks over the past year, EQIX turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
EQIX is part of the Specialized REITs industry. There are 28 other stocks in this industry, EQIX did better than 62% of them.
Weekly and Daily overview Charts
EQIX Weekly chart
EQIX Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, EQIX also presents 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 921.07. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 914.33, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

698.56

932.24

6 important support areas can be observed.

  • A support zone ranging from 881.61 to 914.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 860.95 to 866.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 809.68 to 817.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @751.46 from a horizontal line in the daily time frame.
  • Support @718.88 from a trend line in the weekly time frame.
  • Support @705.62 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 921.07 to 923.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.98
Mansfield-0.01
10 Day High927.99
10 Day Low885.98
20 Day High943.02
20 Day Low869.5
52 Week High943.02
52 Week Low684.14
Performance
1 Week1.97%
2 Weeks3.16%
1 Month3.12%
3 Month10.99%
6 Month19.95%
12 Month15.59%
2 Year33.05%
3 Year13.14%
5 Year62.11%
10 Year304.52%
15 Year855.34%
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)0.14
RSI(14)58.94
LBB884.32
UBB926.74
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
923.02885.9737.05 (4.01%)24.91%
An entry @923.02. This is a Buy Stop order right above the resistance zone.An exit @885.97. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 37.05 points, which is 4.01%.For a 1.00% total portfolio risk, you can invest 24.91% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EQIX Daily chart

EQUINIX INC

NASDAQ:EQIX (11/20/2024, 8:19:03 PM)

After market: 918.94 0 (0%)

918.94

-4.06 (-0.44%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg-0.44%
1 Week1.97%
2 Weeks3.16%
1 Month3.12%
3 Month10.99%
6 Month19.95%
12 Month15.59%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)18.56
ATR(20)%2.18%
ATR Inc
Range Today8.54
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High927.99
10 Day Low885.98
20 Day High943.02
20 Day Low869.5
52 Week High943.02
52 Week Low684.14
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume664.20K
Volume Incr-0.14%
Vol(5)494.44K
Vol(50)447.66K