RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of EQC
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Equity Commonwealth stock upgraded from Sell Candidate to Hold/Accumulate after Wednesday trading session.
(Updated on Mar 27, 2024)

Hold candidate since Mar 27, 2024 PDF

The Equity Commonwealth stock price gained 0.427% on the last trading day (Wednesday, 27th Mar 2024), rising from $18.73 to $18.81. During the last trading day the stock fluctuated 1.12% from a day low at $18.78 to a day high of $18.99. The price has fallen in 6 of the last 10 days and is down by -1.36% for this period. Volume fell on the last day by -157 thousand shares and in total, 623 thousand shares were bought and sold for approximately $11.72 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies the upper part of a falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $18.93 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -4.38% during the next 3 months and, with a 90% probability hold a price between $17.10 and $18.10 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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EQC Signals & Forecast

The Equity Commonwealth stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $18.87. On a fall, the stock will find some support from the long-term average at approximately $18.75. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, March 13, 2024, and so far it has fallen -1.36%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Equity Commonwealth stock

Equity Commonwealth finds support from accumulated volume at $18.42 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.210 between high and low, or 1.12%. For the last week the stock has had daily average volatility of 1.11%.

Our recommended stop-loss: $18.10 (-3.77%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 10 days ago.)

Trading Expectations (EQC) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Equity Commonwealth to open at $18.86, and during the day (based on 14 day Average True Range), to move between $18.55 and $19.07, which gives a possible trading interval of +/-$0.260 (+/-1.38%) up or down from last closing price. If Equity Commonwealth takes out the full calculated possible swing range there will be an estimated 2.76% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $18.93 (0.64%) than the support at $18.42 (2.07%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Equity Commonwealth stock A Buy?

Equity Commonwealth holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.933 Hold/Accumulate Upgraded

Predicted Opening Price for Equity Commonwealth of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$18.86 ( 0.248%) $18.81

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for EQC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 19.07 1.36 %
R2 18.99 0.94 %
R1 18.94 0.675 %
Current price: 18.81
Support S1 18.78 -0.178 %
S2 18.73 -0.442 %
S3 18.65 -0.87 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 19.32 2.71 %
R2 19.05 1.28 %
R1 18.93 0.638 %
Current price 18.81
Support S1 18.42 -2.07%
S2 18.37 -2.34%
S3 18.20 -3.24%

EQC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 13, 2023 Feb 22, 2023 Mar 09, 2023 $4.25 21.29%
2 Sep 08, 2022 Sep 28, 2022 Oct 18, 2022 $1.00 4.02%
3 Sep 16, 2020 Sep 30, 2020 Oct 20, 2020 $3.50 13.28%
4 Sep 24, 2019 Oct 04, 2019 Oct 23, 2019 $3.50 10.93%
5 Sep 26, 2018 Oct 05, 2018 Oct 23, 2018 $2.50 8.50%

FAQ

What is the symbol for Equity Commonwealth Stock and on which exchange is it traded?
The symbol for Equity Commonwealth is EQC and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Equity Commonwealth Stock?
Equity Commonwealth holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy Equity Commonwealth Stock?
Equity Commonwealth Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Equity Commonwealth Stock.

What's the current price of Equity Commonwealth Stock?
As of the end of day on the 2024-03-27, the price of an Equity Commonwealth (EQC) share was $18.81.

What is the 52-week high and low for Equity Commonwealth Stock?
The 52-week high for Equity Commonwealth Stock is $21.49 and the 52-week low is $17.93.

What is the market capitalization of Equity Commonwealth Stock?
As of the 2024-03-27, the market capitalization of Equity Commonwealth is 2.013B.

When is the next earnings date for Equity Commonwealth?
The upcoming earnings date for Equity Commonwealth is May 01, 2024.
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About Equity Commonwealth

Equity Commonwealth Equity Commonwealth (NYSE: EQC) is a Chicago based, internally managed and self-advised real estate investment trust (REIT) with commercial office properties in the United States. EQC's same property portfolio is comprised of 4 properties and 1.5 million square feet.... EQC Profile

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