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Equity Residenti Crosses Above its 10-day MA (EQR)

By Nick Russo

Equity Residenti (NYSE:EQR) crossed over its 10-day moving average of $58.02 on a volume of 416K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Equity Residenti share prices have moved between a 52-week high of $89.55 and a 52-week low of $49.62 and are now trading 20% above that low price at $59.59 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 3.2% while the 200-day MA has slid 0.6%.

SmarTrend is monitoring the recent change of momentum in Equity Residenti. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Equity Residenti in search of a potential trend change.

Keywords: moving crosses equity residenti

Ticker(s): EQR