| EQR latest price $68.0600 (1.04%) ($67.3600 - $68.1100) on Wed. Jul. 19, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.19% (three month average) |
RSI | 76 |
Latest Price | $68.0600(1.04%) |
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 1.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support EQR advance at 0% a week (0% probability) XLRE(81%) SPLV(62%) SDY(55%) VYM(55%) XLF(55%) |
Factors Impacting EQR price | EQR will decline at least -0.595% in a week (0% probabilities). VIXM(-40%) TBT(-40%) VXX(-35%) UUP(-22%) SMH(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.595% (StdDev 1.19%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0.4% |
| |
|
|