|
|
Archive
- 11/8/2024 -
Sign In to see current Signals. |
Extra Space Storage (EXR) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a first positive week for the Extra Space Storage (EXR). During the week, the EXR gained 6.60 points, or 4.10%, and closed at 167.70 on Friday, November 8, 2024. It was the best weekly gain since August 23, 2024. EXR was trading at average weekly trading volume.
 Long-term trend: [See EXR long-term trend chart]
A long-term uptrend had started on April 24, 2024 at 131.02 and reached 184.87 on September 18, 2024. EXR gained -53.85 points, or -41.10%, in 21 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (182.59) is broken. A broken support is considered to be a long-term bearish signal. 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 long-term trend.
 Medium-term trend: [See EXR medium-term trend chart]
A medium-term downtrend had started on September 18, 2024 at 184.87 and reached 156.80 on November 6, 2024. EXR lost 28.07 points, or 15.18%, in 7 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (155.71) is broken. A broken support is considered to be a long-term bullish signal. 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 resistance line in a medium-term trend.
 Weekly Technical Indicators: [See EXR 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 EXR short-term trend chart]
A short-term uptrend had started on November 6, 2024 at 156.80 and reached 169.40 on November 8, 2024. EXR gained -12.60 points, or -8.04%, in 2 days. The price is now at the 13.49% retracement level.
Daily Technical Indicators: [See EXR daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. 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 Lane's Stochastic help.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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.
During the last week, the price has moved above the moving average in the center of the Bollinger Bands. 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.
| |
|
|