EQUITY RESIDENTIAL (EQR)
US29476L1070 - REIT
We assign a technical rating of 8 out of 10 to EQR. Both in the recent history as in the last year, EQR has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that EQR is one of the better performing stocks in the market, outperforming 71% of all stocks. We also observe that the gains produced by EQR over the past year are nicely spread over this period.
EQR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so EQR is lagging the market slightly.
In the last month EQR has a been trading in the 68.93 - 76.27 range, which is quite wide. It is currently trading near the high of this range.
EQR has an average volume of 1595500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
EQR is an average performer in the Residential REITs industry, it outperforms 63% of 20 stocks in the same industry.
EQR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 74.15, a Stop Loss order could be placed below this zone.
More info and screens
66.82
78.86
When analyzing the support we can see 3 important areas.
- A support zone ranging from 73.16 to 74.15. 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 70.60. 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.
2 important resistance areas can be observed.
- 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.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.52
Mansfield0.08
10 Day High76.27
10 Day Low72.53
20 Day High76.27
20 Day Low68.93
52 Week High78.83
52 Week Low56.05
Performance
1 Week2.99%
2 Weeks3.07%
1 Month1.5%
3 Month2.93%
6 Month15.36%
12 Month33.36%
2 Year16.85%
3 Year-11.16%
5 Year-10.94%
10 Year6.99%
15 Year135.3%
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)0.35
RSI(14)59.16
LBB71.15
UBB76.03
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 76.07 | 73.15 | 2.92 (3.84%) | 25.00% |
| An entry @76.07. This is a Buy Stop order right above the resistance zone. | An exit @73.15. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.92 points, which is 3.84%. | For a 0.96% total portfolio risk, you can invest 25.00% 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.
EQUITY RESIDENTIAL
NYSE:EQR (11/22/2024, 8:04:00 PM)
After market: 75.79 0 (0%)75.79
+0.74 (+0.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg0.99%
1 Week2.99%
2 Weeks3.07%
1 Month1.5%
3 Month2.93%
6 Month15.36%
12 Month33.36%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.52
ATR(20)%2.04%
ATR Inc
Range Today1.51
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 High76.27
10 Day Low72.53
20 Day High76.27
20 Day Low68.93
52 Week High78.83
52 Week Low56.05
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.05M
Volume Incr-15.27%
Vol(5)1.37M
Vol(50)1.60M