The Greedy Trader Weekly Analysis
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Downtrend Resistance
Downtrend Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Stock market alert is a warning signal. Downtrend Resistance stock alert indicates that price is near long-term resistance trendline and probability of short-term trend reversal is high.

The strategy is based on selling long (or taking short) position on downtrend testing resistance. The strategy has low to medium risk and average reword.

Downtrend Resistance

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- 6/6/2025 -
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Equinix (EQIX) Technical Analysis

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Summary:
Weekly :Williams' Percentage Range and Lane's Stochastic are overboughtTrend resistance at 893.24
Daily :Williams' Percentage Range and Lane's Stochastic are overboughtLane's Stochastic bearish divergencePrice is near the trend low. The price touches the upper Bollinger Band
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It was a second consecutive positive week for the Equinix (EQIX). During the week, the EQIX gained 25.61 points, or 2.88%, and closed at 914.43 on Friday, June 6, 2025. Weekly volume was -9% below average.

Long-term trend: [See EQIX long-term trend chart]
A long-term uptrend had started on October 13, 2022 at 494.89 and reached 994.03 on November 27, 2024. EQIX gained -499.14 points, or -100.86%, in 110 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 800.73 and resistance is at 1055.34. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.

Medium-term trend: [See EQIX medium-term trend chart]
A medium-term downtrend had started on November 27, 2024 at 994.03 and reached 701.40 on April 9, 2025. EQIX lost 292.63 points, or 29.44%, in 19 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (893.24). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See EQIX weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is above its signal line since May 23, 2025. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.

Short-term trend: [See EQIX short-term trend chart]
A short-term uptrend had started on June 4, 2025 at 913.94 and reached 924.88 on June 5, 2025. EQIX gained -10.94 points, or -1.20%, in 1 days. Price is near the lowest trend level.

Daily Technical Indicators: [See EQIX daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Daily Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal.

The daily MACD line is above its signal line since May 29, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.

The price touches the upper 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 72.29
Williams' Percentage Range (W%R) 11.50
Overbought
Lane's Stochastic (%D-Slow) 87.52
Overbought Bearish
Greed/Fear Indicator (GFI) 82.77
Overbought
Moving Average Converg./Diverg. (MACD) 13.62
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 51.48
Williams' Percentage Range (W%R) 15.30
Overbought
Lane's Stochastic (%D-Slow) 89.36
Overbought
Greed/Fear Indicator (GFI) 76.15
Moving Average Converg./Diverg. (MACD) -8.38
Trading Signals
Description Value Chart
Yearly Trendline Resistance 1055.34
Daily Stochastic Crossing 918.45
Monthly Trendline Resistance 916.42
Upper Bollinger Band 914.59
Price 914.43
Monthly Trendline Support 913.30
Weekly Stochastic Crossing 911.59
Quarterly Trendline Resistance 893.24
Parabolic System 885.83
20 Day Moving Average 880.20
Lower Bollinger Band 847.87
50 Day Moving Average 841.06
Yearly Trendline Support 800.73
Sector and Industry
Description Name Rank
Sector Real Estate 6
Industry Specialized REITs 81
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 913.94
Low Date 06/04/2025
High 924.88
High Date 06/05/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 837.37
Low Date 05/09/2025
High 924.88
High Date 06/05/2025
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Valid
Resistance 916.42
Support 913.30
Low 701.40
Low Date 04/09/2025
High 924.88
High Date 06/05/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Test Resistance
Resistance 893.24
Support 578.65
High 994.03
High Date 11/27/2024
Low 701.40
Low Date 04/09/2025
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 1055.34
Support 800.73
Low 494.89
Low Date 10/13/2022
High 994.03
High Date 11/27/2024
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.