| EQR latest price $58.6100 (2.73%) ($57.3000 - $59.0500) on Wed. Jan. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3% (three month average) |
RSI | 47 |
Latest Price | $58.6100(2.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EQR advances 0.1% a day on average for past five trading days. |
Weekly Trend | EQR declines -0.3% 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(65%) SPLV(65%) IVE(63%) IWD(63%) XLRE(61%) |
Factors Impacting EQR price | EQR will decline at least -1.5% in a week (0% probabilities). VIXM(-36%) UUP(-24%) VXX(-11%) IGOV(-9%) TBT(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.5% (StdDev 3%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.8% |
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