EQUITY RESIDENTIAL (EQR)

US29476L1070 - REIT

72.22  +0.78 (+1.09%)

After market: 72.57 +0.35 (+0.48%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to EQR. 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 69.35 - 78.32 range, which is quite wide. It is currently trading near the lows of this range.
EQR is one of the better performing stocks in the Residential REITs industry, it outperforms 78% of 20 stocks in the same industry.
EQR has an average volume of 1524570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, EQR outperforms 67% of them, which is more or less in line with the market.
EQR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EQR is lagging the market.
Weekly and Daily overview Charts
EQR Weekly chart
EQR Daily chart
Setup Rating and Analysis

3

The technical rating of EQR 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.

Support and Resistance Analysis

66.82

78.86

3 important support areas can be observed.

  • A support zone ranging from 72.07 to 72.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 69.12 to 69.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @67.49 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 73.26 to 73.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @76.06 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 78.08 to 78.08. 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
CRS67.35
Mansfield-0.44
10 Day High74.39
10 Day Low69.35
20 Day High78.32
20 Day Low69.35
52 Week High78.83
52 Week Low57.33
Performance
1 Week-0.76%
2 Weeks-0.93%
1 Month-5.48%
3 Month-2.37%
6 Month4.15%
12 Month18.08%
2 Year22.41%
3 Year-20.2%
5 Year-10.75%
10 Year0.53%
15 Year113.8%
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)-0.24
RSI(14)46.14
LBB69.84
UBB75.08
EQR Daily chart

EQUITY RESIDENTIAL

NYSE:EQR (12/24/2024, 8:08:41 PM)

After market: 72.57 +0.35 (+0.48%)

72.22

+0.78 (+1.09%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg1.09%
1 Week-0.76%
2 Weeks-0.93%
1 Month-5.48%
3 Month-2.37%
6 Month4.15%
12 Month18.08%
2 Year22.41%
3 Year-20.2%
5 Year-10.75%
10 Year0.53%
15 Year113.8%
Volatility
ATR(14)1.41
ATR(20)%1.87%
ATR Inc-15.08%
Range Today1.27
ADR(20)1.3
ADR(20)%1.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.35
Mansfield-0.44
10 Day High74.39
10 Day Low69.35
20 Day High78.32
20 Day Low69.35
52 Week High78.83
52 Week Low57.33
CS1 End72.08
CR1 Start73.26
Volume & EV
DER(3)-0.66%
DER(5)-1.58%
Volume568.60K
Volume Incr49.03%
Vol(5)1.98M
Vol(50)1.52M