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Equity Residential Bearish Moving Average Crossover Alert (EQR)

By Shiri Gupta

Today, shares of Equity Residential (NYSE:EQR) have fallen below their 10-day MA of $64.82 on a volume of 352K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Equity Residential have traded between a low of $61.90 and a high of $82.39 and are now at $64.67, which is 4% above that low price. The 200-day and 50-day moving averages have moved 0.13% lower and 0.41% lower over the past week, respectively.

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

Keywords: moving crosses equity residential

Ticker(s): EQR