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Stock Trend Analysis Report
Prepared for you on Sunday, May 28, 2023.
Equity Residential Common Shares of Beneficial Interest (NYSE:EQR)
Long-Term Downtrend (-90) - EQR is in a strong downtrend that is likely to continue. While EQR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EQR?
MarketClub looks at technical strength and momentum to determine if the timing is right for EQR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EQR
The long-term trend has been DOWN since Mar 20th, 2023 at 57.38
The intermediate-term trend has been DOWN since May 24th, 2023 at 60.74
The short-term trend has been DOWN since May 4th, 2023 at 61.57
Smart Scan Analysis for EQR
Based on our trend formula, EQR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 58.65 | 59.81 | 58.31 | 59.62 | +0.15 |
| Prev. Close | Volume | Bid | Ask | Time |
| 59.64 | 1473659 | 2023-05-26 15:59:55 |
| Year High | 70.58 | Year High Date | 2018-11-29 |
| Year Low | 54.97 | Year Low Date | 2018-02-12 |
| 52wk High | 80.89 | 52wk High Date | 2022-08-18 |
| 52wk Low | 54.6 | 52wk Low Date | 2023-03-24 |
| Year End Close | 56.67 | Average Volume | 1,648,922 |
| Shares Outstanding | 378,905 | Short Interest | 7,229,137 |
| % Institutional | 96 | Market Cap | 31,437M |
| Assets | 201,025,260M | Liabilities | 896,523,800M |
| P/E Ratio | 24.4733 | Beta | 0.78 |
| Volatility | 18.15 |