| EQR latest price $62.4800 (0.24%) ($61.5500 - $62.8200) on Thu. May. 4, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.42% (three month average) |
RSI | 65 |
Latest Price | $62.4800(0.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EQR advances 0.2% a day on average for past five trading days. |
Weekly Trend | EQR advances 1.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support EQR advance at 0% a week (0% probability) XLRE(79%) SPLV(63%) SDY(62%) IWD(59%) VYM(59%) |
Factors Impacting EQR price | EQR will decline at least -0.71% in a week (0% probabilities). VXX(-37%) VIXM(-36%) UUP(-17%) TBT(-12%) SMH(-10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.71% (StdDev 1.42%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0.7% |
| |
|
|