Boost Portfolio Returns with EQIX Swing Trade Strategy – 12.91% Gain
EQIX Rides the Wave: Swing Trader's Sector Rotation Strategy (TA&FA) Generates 12.91% Uplift
For those following the stock market, EQIX has been a name to reckon with, especially due to the performance of its shares in recent weeks. With a solid gain of 12.91%, the stock has demonstrated its power in a transitioning market and has shown why it is a must-consider for anyone interested in profiting from the market's swings.
The Sector Rotation Strategy, a methodology popular amongst swing traders, has been instrumental in driving this increase. This strategy, combining Technical Analysis (TA) and Fundamental Analysis (FA), facilitates the decision-making process of when and where to invest. It operates on the premise of redirecting investments from one sector to another, capitalizing on the changing dynamics of various industry sectors over time.
On May 25, 2023, EQIX moved above its 50-day moving average, a key indicator in technical analysis. This shift is significant because it indicates a transition from a downward trend to an upward one. For those unfamiliar with market terminologies, the 50-day moving average is a stock's average closing price over the last 50 days, which helps traders to identify market trends and potential reversals.
By crossing this threshold, EQIX demonstrated a bullish reversal, sparking interest among swing traders who rely on this sort of signal to time their trades. The movement above the 50-day average is a sign of strength and a potential indicator of future gains, proving that EQIX was an appealing choice for investors following the sector rotation strategy.
The sector rotation strategy paired with sound technical and fundamental analysis allowed traders to leverage these trend reversals, driving profitable trades. A substantial 12.91% gain was realized, underscoring the strength of EQIX's performance and the effectiveness of the sector rotation strategy in swing trading.
The recent performance of EQIX showcases the potency of utilizing a combined Technical and Fundamental Analysis approach within a sector rotation strategy for swing trading. This case illustrates the potential rewards that this proactive investment style can offer when used accurately. It also highlights EQIX's resilience in the face of market changes, making it an attractive choice for traders looking to capitalize on market swings. However, as always in investing, it's important to conduct thorough research and develop a comprehensive understanding of the strategy before diving in.
EQIX's RSI Indicator ascending out of oversold territory
The RSI Oscillator for EQIX moved out of oversold territory on August 22, 2023. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 18 similar instances when the indicator left oversold territory. In of the 18 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EQIX advanced for three days, in of 346 cases, the price rose further within the following month. The odds of a continued upward trend are .
EQIX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 12, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on EQIX as a result. In of 80 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for EQIX turned negative on September 19, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 45 similar instances when the indicator turned negative. In of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at .
EQIX moved below its 50-day moving average on September 15, 2023 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where EQIX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for EQIX entered a downward trend on August 30, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 85, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. EQIX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly better than average sales and a considerably profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (5.896) is normal, around the industry mean (2.437). P/E Ratio (87.719) is within average values for comparable stocks, (44.137). Projected Growth (PEG Ratio) (3.335) is also within normal values, averaging (6.356). EQIX has a moderately low Dividend Yield (0.018) as compared to the industry average of (0.069). P/S Ratio (9.124) is also within normal values, averaging (6.357).
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a real estate investment trust
Industry RealEstateInvestmentTrusts
EQIX and
Correlation & Price change
A.I.dvisor indicates that over the last year, EQIX has been closely correlated with DLR. These tickers have moved in lockstep 83% of the time. This A.I.-generated data suggests there is a high statistical probability that if EQIX jumps, then DLR could also see price increases.
| Ticker / NAME | Correlation To EQIX | 1D Price Change % | ||
|---|---|---|---|---|
| EQIX | 100% | +0.19% | ||
| DLR - EQIX | 83% Closely correlated | +0.85% | ||
| AMT - EQIX | 69% Closely correlated | +0.03% | ||
| CCI - EQIX | 69% Closely correlated | -0.24% | ||
| PLD - EQIX | 68% Closely correlated | -0.54% | ||
| ELS - EQIX | 68% Closely correlated | +1.79% | ||
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