US stock / ETF

Equity Residential

EQR · NYSE · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

EQR 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $65.59 and stabilize above resistance $68.51.

Invalidation Trigger

Break above $68.51 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 29.8, MACD -0.101

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.6779 (1.06%)

4h

EMA Structure

Bearish
EMA 8$65.03Bearish
EMA 21$65.59Bearish
EMA 50$66.39Bearish

Signals

CategoryReadStrength
Momentum
RSI 29.8 · MACD -0.101

Momentum is weak

Strength
Bearish
Volatility
ATR $0.6779 · BB 4.11%

Low volatility

Strength
Bullish
Volume
MFI 27.5 · OBV -852.62%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$63.5 - $68.51

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+8.44% · 7.9 ATR above latest close

$69.19
Nearest resistance

+7.38% · 6.9 ATR above · 34-bar high

$68.51
Current price

Price shown is delayed

$63.8
Nearest support

-0.47% · 0.4 ATR below · 34-bar low

$63.5
Deeper support zone

-1.53% · 1.4 ATR below latest close

$62.82
ATR zone

Latest close ± ATR14

$63.12 - $64.48

Indicators

Trend

Dow Theory Structure

Confirmation $64.42, invalidation $66.22

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

23.5 / 20.7 / 35.2Bearish
Supertrend (10,3)

Price is above Supertrend

$61.37Bullish
Ichimoku Cloud

Cloud Span A / Span B

$65.5 / $66.48Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Volatility

ATR (14)

Low volatility

$0.6779 (1.06%)Bullish
Bollinger Bands (20,2)

Width 4.11%

-10%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$67.08 / $64.04Bullish
ATR channel lower / upper

Current Volatility Envelope

$63.12 / $64.48Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$68.51Range
Support

Nearest Downside Decision Level

$63.5Range

Momentum

RSI (14)

Momentum is weak

29.8Bearish
MACD (12,26,9)

Histogram is negative

-0.101Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

9.9 / 14.2Bearish
Williams %R (14)

Oversold zone

-90.1Bullish
CCI (20)

Weak expansion

-212.5Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

27.5Bearish
OBV slope

20-period OBV slope

-852.62%Bearish
Volume ratio

Relative to 20-period average volume

8.26xBullish

Trend

Dow Theory Structure

Confirmation $64.42, invalidation $66.22

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

23.5 / 20.7 / 35.2Bearish
Supertrend (10,3)

Price is above Supertrend

$61.37Bullish
Ichimoku Cloud

Cloud Span A / Span B

$65.5 / $66.48Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Momentum

RSI (14)

Momentum is weak

29.8Bearish
MACD (12,26,9)

Histogram is negative

-0.101Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

9.9 / 14.2Bearish
Williams %R (14)

Oversold zone

-90.1Bullish
CCI (20)

Weak expansion

-212.5Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

Low volatility

$0.6779 (1.06%)Bullish
Bollinger Bands (20,2)

Width 4.11%

-10%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$67.08 / $64.04Bullish
ATR channel lower / upper

Current Volatility Envelope

$63.12 / $64.48Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

27.5Bearish
OBV slope

20-period OBV slope

-852.62%Bearish
Volume ratio

Relative to 20-period average volume

8.26xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$68.51Range
Support

Nearest Downside Decision Level

$63.5Range

Related Forecasts