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EQR Stock Forecast & Equity Residential Chart Analysis

This article provides a detailed analysis of EQR-Equity Residential stock including a forecast for EQR shares. It features Equity Residential technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

EQR Historical Data Review

EQR Current Price Performance Analysis

The Equity Residential - EQR stock traded on the American stock market, on 06-05-2024, closed at 65.74$ with a %0.20 increased compared to the previous day.

In the last month, the price of EQR changed by %-1.47 decreased in value, from 66.72 dollars on 05-06-2024 to 65.74 dollars, decreased.

Last year, the price of EQR was 63.93 dollars on 06-06-2023, and changed by %2.83 increased in value, to 65.74 dollars increased within a year.

The price of Equity Residential stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.

EQR with AI Stock Forecast & Price Target

EQR stock forecast Equity Residential price target

On the EQR chart Equity Residential price was recorded as 65.74 Dollars on 06/05/2024.

The artificial intelligence's forecast on EQR stock is as follows.

The artificial intelligence's prediction error margin for EQR stock is high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for Equity Residential stock over the next 4 months is: 61.3 Dollars.

The commentary on EQR stock Target Price: Highest: 66.037 Dollars is predicted.

The commentary on EQR stock Target Price: Lowest: 55.458 Dollars is predicted.

Resistance Price where Equity Residential stock will Rise and Fall:

Date Price Prediction
06-25-2024 66.037
10-23-2024 62.115
12-12-2024 63.952
02-10-2025 61.548

Support Price where Equity Residential stock will Fall and Rise:

Date Price Prediction
08-09-2024 59.478
10-28-2024 62.074
02-05-2025 61.464

The commentary on EQR stock: Fluctuations in the target price can be expected in the coming days.

The target price for Equity Residential stock by the end of 2024 is predicted to be 63.05 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on EQR stock, and the 2024 target price predictions for Equity Residential are detailed above.

The technical analysis and charts for the commentary on EQR stock are below.

EQR Support & Resistance and Trend Analysis

EQR review Equity Residential technical analysis trend chart EQR priceEQR stock support and resistance price chart

EQR stock you have reviewed the technical analysis support resistance charts regarding.

EQR : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the EQR review, the Equity Residential support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

Equity Residential Support and Resistance Prices:

EQR Support Level Price EQR Resistance Level Price
52.57 57.44
53.48 61.80
57.33 62.54
57.65 62.86
58.30 63.02
58.81 63.10
59.28 63.71
59.48 63.78
60.07 64.80
60.35 68.55
61.22
62.24

EQR Technical Analysis: SMA, RSI, MACD

EQR review Equity Residential SMA chart analysis EQR priceEQR buy or sell review Equity Residential MACD chart analysis EQR price

Upon reviewing the EQR chart, buy and sell signals have been generated in the Equity Residential technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for EQR stock are as follows:
  1. EQR technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for Equity Residential gave a 'Buy' signal when the RSI was at 28.194, with the current RSI value at 38.462.
  3. The technical analysis for Equity Residential indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

You have read the comments, technical analyses, target prices, and financial reports for Equity Residential stock: Click here to read more predictions on M&T Bank Corporation stock.

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