| EQR latest price $64.1700 (1.5%) ($63.2350 - $64.2350) on Wed. Aug. 23, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.2% (three month average) |
RSI | 41 |
Latest Price | $64.1700(1.5%) |
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 -1.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EQR advance at 0% a week (0% probability) XLRE(96%) BLOK(86%) GDXJ(85%) GDX(84%) PCY(83%) |
Factors Impacting EQR price | EQR will decline at least -0.6% in a week (0% probabilities). VIXM(-71%) TBT(-64%) VXX(-53%) UUP(-34%) EDOC(-19%) |
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 | -0.6% (StdDev 1.2%) |
Hourly BBV | 2 () |
Intraday Trend | 1.1% |
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