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Bullish Moving Average Cross by Equity Residenti (EQR)

By David Diaz

Today, shares of Equity Residenti (NYSE:EQR) have crossed bullishly above their 10-day moving average of $80.24 on a volume of 106K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Equity Residenti share prices have been bracketed by a low of $62.40 and a high of $81.88 and are now at $80.80, 29% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.3%.

SmarTrend is tracking the current trend status for Equity Residenti and will alert subscribers who have EQR in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses equity residenti

Ticker(s): EQR