EQR stock: buy or sell

EQR stock price: $74.87 1.05% At close on Apr 21st, 2021

Updated on:
Apr 22nd, 2021

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EQR stock brief

  • Counting on Wednesday, it's been 5 consecutive sessions in positive for Equity Residential of Beneficial Interes. Price closed on Wednesday at $74.87 after inching a 1.05%.
  • The price is currently higher than the upper Bollinger band, which often indicates a near-term correction
  • Equity Residential is committed to creating communities where people thrive.

Should I buy Equity Residential of Beneficial Interes stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $EQR stock a buy?

Currently, Equity Residential of Beneficial Interes stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean we expect a selloff for $EQR in the next few days, or that it may not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Equity Residential of Beneficial Interes stock?

Do you know when is it time to sell Equity Residential of Beneficial Interes?. Trading strategies give us the ability us to avoid impetuous decisions based on our personal emotions or the buzz surrounding the market. When selling, as well as buying, our strategies are very simple to use and are only applicable for selling shares in your porfolio, not for shorting Equity Residential of Beneficial Interes stock

A golden rule is that you should not hold a trading operation that shows a greater losses than those expected by the time of purchase. The timing to sell shares should always be dictated by the stop-loss (automatic or manual)

Is it time to sell Equity Residential of Beneficial Interes stock?

Currently, Equity Residential of Beneficial Interes stock doesn't match any of our preferred sell setups, so if you own Equity Residential of Beneficial Interes shares and your operation is in profit probably is not time to sell now

Equity Residential of Beneficial Interes ratings

In the last 30 days, 5 analyst ratings were published for Equity Residential of Beneficial Interes

Equity Residential of Beneficial Interes analysts' ratings - Last 30 days
Brokerage firmRating
Mar 23rd, 2021
Zelman & Associates Strong sellNeutral
Mar 24th, 2021
Deutsche Bank Aktiengesellschaft NeutralStrong sell
Mar 25th, 2021
Truist Securities Strong buyNeutral
Mar 30th, 2021
Deutsche Bank Aktiengesellschaft NeutralStrong sell
Royal Bank of Canada

Equity Residential of Beneficial Interes stock analysis

Last February, the price broke out above the previous top at $62.38 on the downtrend started in November 2020. Since then, the price action resulted in a 20.02% gain.

SMAs overview

EQR stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $74.92 (0.07% above)
  • R2: $77.23 (3.15% above)
  • R3: $77.88 (4.02% above)
  • The current support levels are:

  • S1: $74.62 (-0.33% below)
  • S2: $73.99 (-1.18% below)
  • S3: $72.46 (-3.22% below)
  • Bollinger bands

    The evolution of the Bollinger Bands on the chart reveals that they are fairly narrow (less than 5%), which clearly indicates that price volatility is low. Reduced volatility is often the antecedent to a sudden movement (up or down), so we must be alert and manage our buy or sell orders correctly

    EQR stock Bollinger Bands chart

    Relative strength index

    The RSI dropped below the overbought level of 70 in mid-March after just crossing to the overbough zone for 1 day (weak signal). The RSI value on Wednesday was 67.61. Since that level was lost, Equity Residential of Beneficial Interes stock only moved a 0.59%

    EQR stock RSI chart

    Equity Residential of Beneficial Interes stock price history

    Equity Residential of Beneficial Interes went public on Aug 12th, 1993 at $3.24 per share1. Since then, EQR stock has risen by 2,210.80%, with an average of 81.88% per year. If you had invested $1,000USD in Equity Residential of Beneficial Interes stock on Aug 1993, it would have a value of $23,108.02 today.

    1: Adjusted price after possible price splits or reverse-splits

    EQR stock price history chart

    Price target for Equity Residential of Beneficial Interes stock

    How much a stock will be priced tomorrow or next week is quite unpredictable. Banks and financial organisations publish their analysis predicting how a stock will performance in the future.

    Along with buy or sell recommendations, brokerage institutions release their price target based on the stock price action and the company fundamental data. Most of these predictions follow the publication of new fundamental information by the company, and many times. If you are a small trader you don't have to trade based on these price targets.

    The average price target for Equity Residential of Beneficial Interes stock calculated from the table below is $58.00. That is a 22.53% than the current price ($74.87).

    Equity Residential of Beneficial Interes stock price predictions
    Brokerage firmPrice target
    Mar 23rd, 2021
    Zelman & Associates Not available
    Mar 24th, 2021
    Deutsche Bank Aktiengesellschaft $59.00$58.00
    Mar 25th, 2021
    Truist Securities Not available
    Mar 30th, 2021
    Deutsche Bank Aktiengesellschaft $59.00$58.00
    Royal Bank of Canada Not available

    Earnings and financials

    Last February, Equity Residential ($EQR) posted adjusted EPS for that strongly improved Wall St. expectations. Quarterly EPS was $0.76 per share versus the estimated $0.24. This Q4 report means an earnings surprise of 216.67%. On the contrary, reported sales were $613.4 million, consistent with analysts' estimates.

    Same quarter one year ago, reported EPS was $0.77, so recently reported EPS is a loss of -1.30%. Looking at revenue, figures went down a -10.31% compared to $6.8B same quarter a year ago.

    EQR ($EQR) is posting financial report next Tuesday. Estimated for this quarter is $0.24, compared to $0.76 that was reported for Q4.

    Equity Residential of Beneficial Interes performance

    EQR performance compared
    Company1m3m6m
    Equity Residential of Beneficial Interes ($EQR) 4.50% 23.50% 48.90%

    Important:
    The viewpoints contained in this article are personal and not recommendations for you to buy or sell stocks. The author of this document does not know the specific conditions of the reader, his or her finances or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Thoughts are provided for general educational reasons only

    EQR summary

    Wednesday, April 21st, 2021
    Open$74.23
    Close$74.87
    Day range$73.64 - $75.15
    Previous close$74.09
    Session gain1.05%
    Average true range$1.21
    50d mov avg$70.10
    100d mov avg$64.72
    200d mov avg$59.08
    Earnings dateMay 4th, 2021

    Frequently asked questions

    What is Equity Residential of Beneficial Interes stock symbol?

    Equity Residential is a public company trading in the US stock market with the EQR symbol

    Is Equity Residential of Beneficial Interes stock a buy or sell?

    Equity Residential of Beneficial Interes received 5 ratings in the last 30 days: 0 bullish, 2 bearish and 2 neutral.

    Will EQR go up?

    Equity Residential of Beneficial Interes had different price predictions published by analysts in the last month setting the target price to $58.00. That is a 22.53% than the current price ($74.87).