EQR Sector Rotation Swing Trading Yields 14.79% via TA&FA
Stellar Performance by EQR: Swing Trader Sector Rotation Strategy (TA&FA) Generates 14.79%
Equity Residential (EQR), a leading player in the real estate sector, has recently witnessed an impressive upsurge, largely fueled by the application of the Swing Trader Sector Rotation Strategy which uses Technical Analysis and Fundamental Analysis (TA&FA). This strategy has successfully generated a remarkable return of 14.79% for the entity, confirming the efficacy of this approach in shaping a successful trajectory.
On June 16, 2023, a significant technical event was observed in the company's stock activity. The 50-day moving average for EQR moved above the 200-day moving average. This shift is often interpreted as a bullish signal by investors and analysts in the financial markets. The event, referred to as a 'golden cross' in trading terminology, is usually a long-term bullish signal indicating a potential upward trend in the stock price.
The moving average, a commonly used tool in technical analysis, helps in smoothing out price action by filtering out the 'noise' from random short-term price fluctuations. It gives an overall picture of the market sentiment and the potential future movement of a stock. When a shorter-term moving average crosses above a longer-term moving average, it indicates positive momentum and could be a sign of a strong buying opportunity.
In EQR's case, the positive cross between the 50-day and 200-day moving averages denotes a shift in momentum, which could be a precursor for further gains. This comes as a testament to the efficiency of the Swing Trader Sector Rotation Strategy. By using both TA&FA, this strategy has capitalized on the systematic shifting of investments among sectors, depending on the stage of the economic cycle.
The positive trend of EQR, highlighted by the sector rotation strategy, demonstrates a successful combination of both Technical Analysis, with indicators like moving averages, and Fundamental Analysis, involving a detailed study of the company's overall health and industry position. This blend of strategies has allowed investors to not just follow market trends but also capitalize on them, resulting in a noteworthy 14.79% return.
The Swing Trader Sector Rotation Strategy, using a mix of TA&FA, has proven fruitful for EQR, generating a significant return. The recent 'golden cross' event underlines the upward trend, marking a potential phase of growth for EQR. The strategic blend of market trend analysis and sector-wise investment rotation has underscored the effectiveness of this approach, setting the stage for continued success.
EQR in -1.45% downward trend, falling for three consecutive days on September 27, 2023
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where EQR declined for three days, in of 272 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 07, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on EQR as a result. In of 83 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 EQR turned negative on September 07, 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 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .
The Aroon Indicator for EQR entered a downward trend on September 28, 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.
Bullish Trend Analysis
The RSI Indicator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 16 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
EQR may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. EQR’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly 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 (2.016) is normal, around the industry mean (1.985). P/E Ratio (27.473) is within average values for comparable stocks, (43.366). Projected Growth (PEG Ratio) (2.610) is also within normal values, averaging (6.339). Dividend Yield (0.045) settles around the average of (0.073) among similar stocks. P/S Ratio (8.097) is also within normal values, averaging (6.169).
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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. EQR’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 87, placing this stock better than average.
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
EQR and
Correlation & Price change
A.I.dvisor indicates that over the last year, EQR has been closely correlated with AVB. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if EQR jumps, then AVB could also see price increases.