| EQR latest price $59.2800 (15.06%) ($57.5800 - $67.4200) on Mon. Nov. 9, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.94% (three month average) |
RSI | 65 |
Latest Price | $59.2800(15.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EQR advances 3.9% a day on average for past five trading days. |
Weekly Trend | EQR advances 3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EQR advance at 0% a week (0% probability) SDY(68%) IVE(64%) IWD(64%) IFRA(61%) DIA(59%) |
Factors Impacting EQR price | EQR will decline at least -1.47% in a week (0% probabilities). VIXM(-37%) UUP(-21%) VXX(-11%) EDOC(-5%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.47% (StdDev 2.94%) |
Hourly BBV | 1 () |
Intraday Trend | -5.2% |
| |
|
|