Equity Residential Stock Technical Analysis

EQR Stock  USD 62.57  1.31  2.14%   
As of the 28th of March, Equity Residential shows the Mean Deviation of 1.02, downside deviation of 1.31, and Coefficient Of Variation of 1888.12. Equity Residential technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and collect data for nineteen technical drivers for Equity Residential, which can be compared to its rivals. Please confirm Equity Residential information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Equity Residential is priced favorably, providing market reflects its regular price of 62.57 per share. Given that Equity Residential has jensen alpha of (0.09), we urge you to verify Equity Residential's prevailing market performance to make sure the company can sustain itself at a future point.

Equity Residential Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Equity, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Equity
  
Equity Residential's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Equity Residential Analyst Consensus

Target PriceAdvice# of Analysts
70.11Buy26Odds
Equity Residential current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Equity analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Equity stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Equity Residential, talking to its executives and customers, or listening to Equity conference calls.
Equity Analyst Advice Details
Equity Residential technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Equity Residential technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Equity Residential trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Equity Residential Technical Analysis

Indicator
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Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Equity Residential volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Equity Residential Trend Analysis

Use this graph to draw trend lines for Equity Residential. You can use it to identify possible trend reversals for Equity Residential as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Equity Residential price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Equity Residential Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Equity Residential applied against its price change over selected period. The best fit line has a slop of   0.03  , which may imply that Equity Residential will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 36.18, which is the sum of squared deviations for the predicted Equity Residential price change compared to its average price change.

About Equity Residential Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Equity Residential on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Equity Residential based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Equity Residential price pattern first instead of the macroeconomic environment surrounding Equity Residential. By analyzing Equity Residential's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Equity Residential's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Equity Residential specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Price Earnings Ratio25.3828.5727.7318.99
Short Term Coverage Ratios4.011.191.671.59

Equity Residential March 28, 2024 Technical Indicators

Most technical analysis of Equity help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Equity from various momentum indicators to cycle indicators. When you analyze Equity charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Equity Residential March 28, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Equity stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Equity Residential is a strong investment it is important to analyze Equity Residential's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Equity Residential's future performance. For an informed investment choice regarding Equity Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equity Residential. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.
To learn how to invest in Equity Stock, please use our How to Invest in Equity Residential guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for Equity Stock analysis

When running Equity Residential's price analysis, check to measure Equity Residential's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Equity Residential is operating at the current time. Most of Equity Residential's value examination focuses on studying past and present price action to predict the probability of Equity Residential's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equity Residential's price. Additionally, you may evaluate how the addition of Equity Residential to your portfolios can decrease your overall portfolio volatility.
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Is Equity Residential's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Equity Residential. If investors know Equity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Equity Residential listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.957
Dividend Share
2.65
Earnings Share
2.13
Revenue Per Share
7.588
Quarterly Revenue Growth
0.04
The market value of Equity Residential is measured differently than its book value, which is the value of Equity that is recorded on the company's balance sheet. Investors also form their own opinion of Equity Residential's value that differs from its market value or its book value, called intrinsic value, which is Equity Residential's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Equity Residential's market value can be influenced by many factors that don't directly affect Equity Residential's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Equity Residential's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equity Residential is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equity Residential's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.