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Archive - 5/23/2025 - Sign In to see current Signals. |
Equity Residential (EQR) Technical Analysis
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| Summary:
| | Weekly : | | Daily :      Move cursor over the icon to see details.
| | It was the negative week for the Equity Residential (EQR). During the week, the EQR dropped -3.95 points, or -5.52%, and closed at 67.61 on Friday, May 23, 2025. Weekly volume was -11% below average.
Long-term trend: [See EQR long-term trend chart] A long-term uptrend had started on November 1, 2023 at 52.57 and reached 78.83 on September 16, 2024. EQR gained -26.26 points, or -49.95%, in 45 weeks. The price is now at the 42.73% retracement level.
Medium-term trend: [See EQR medium-term trend chart] A medium-term downtrend had started on September 16, 2024 at 78.83 and reached 59.41 on April 9, 2025. EQR lost 19.42 points, or 24.64%, in 29 weeks. The price is now at the 42.22% retracement level.
Weekly Technical Indicators: [See EQR weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since October 11, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See EQR short-term trend chart] A short-term uptrend had started on April 9, 2025 at 59.41 and reached 72.40 on May 2, 2025. EQR gained -12.99 points, or -21.87%, in 23 days. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (70.95) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. EQR may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a short-term trend.
Daily Technical Indicators: [See EQR daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. The price touches the lower Bollinger Band. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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