The Greedy Trader Weekly Analysis
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- 4/17/2025 -
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Equity Residential (EQR) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken trend support line
Daily :Daily  MACD line has moved above its signal lineThe price has risen above the Parabolic SARThe price moved above the moving average in the center of the Bollinger BandsThe period of high volatility of the stock price
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It was a second consecutive positive week for the Equity Residential (EQR). During the week, the EQR gained 3.60 points, or 5.57%, and closed at 68.24 on Thursday, April 17, 2025. It was the best weekly gain since November 8, 2024. Weekly volume was 29% above average.

EQR is a member of Real Estate Sector. Real Estate is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

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 chart has formed a Symmetric Triangle chart pattern. The uptrend support line (76.28) 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 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 chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 63.30 and resistance is at 75.27. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.

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. 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 March 4, 2025 at 75.86 and reached 59.41 on April 9, 2025. EQR lost 16.45 points, or 21.68%, in 36 days. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 56.63 and resistance is at 69.82. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a short-term trend.

Daily Technical Indicators: [See EQR daily technical indicators chart]
Daily technical indicators are neutral.

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 distance between the Bollinger Bands is 129.76% higher then one year average. It indicates the period of high volatility of the stock price. 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) 42.95
Williams' Percentage Range (W%R) 41.80
Lane's Stochastic (%D-Slow) 68.18
Greed/Fear Indicator (GFI) 56.43
Moving Average Converg./Diverg. (MACD) -1.28
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 52.09
Williams' Percentage Range (W%R) 59.30
Lane's Stochastic (%D-Slow) 34.40
Greed/Fear Indicator (GFI) 41.66
Moving Average Converg./Diverg. (MACD) -0.11 Bullish
Trading Signals
Description Value Chart
Quarterly Trendline Support 76.28
Quarterly Trendline Resistance 75.27
Monthly Trendline Resistance 75.27
Upper Bollinger Band 74.22
50 Day Moving Average 70.12
Weekly Trendline Resistance 69.82
Price 68.24
20 Day Moving Average 68.13
Daily Stochastic Crossing 66.76
Weekly Stochastic Crossing 65.28
Monthly Trendline Support 63.30
Lower Bollinger Band 61.23
Parabolic System 60.27
Weekly Trendline Support 56.63
Sector and Industry
Description Name Rank
Sector Real Estate 9
Industry REIT - Residential 79
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 59.41
Low Date 04/09/2025
High 69.24
High Date 04/17/2025
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 69.82
Support 56.63
High 75.86
High Date 03/04/2025
Low 59.41
Low Date 04/09/2025
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 75.27
Support 63.30
High 78.83
High Date 09/16/2024
Low 59.41
Low Date 04/09/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Support
Resistance 75.27
Support 76.28
Low 52.57
Low Date 11/01/2023
High 78.83
High Date 09/16/2024
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 89.55
High Date 10/31/2019
Low 52.57
Low Date 11/01/2023
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.