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Archive - 6/6/2025 - 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 -1.64 points, or -2.34%, and closed at 68.50 on Friday, June 6, 2025. EQR was trading at average weekly trading volume.
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. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance 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 46.81% 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 downtrend had started on May 29, 2025 at 70.31 and reached 67.99 on June 6, 2025. EQR lost 2.32 points, or 3.30%, in 8 days. Price is near the Fibonacci 23.6% retracement level.
Daily Technical Indicators: [See EQR daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since May 20, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger. During the last week, the price has declined below 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. 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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