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 price ended at $19.51 on Tuesday, after losing 0.459%.
(Updated on Jul 23, 2024)

Buy candidate since Jul 22, 2024 Loss -0.46% PDF

The Equity Commonwealth stock price fell by -0.459% on the last day (Tuesday, 23rd Jul 2024) from $19.60 to $19.51. During the last trading day the stock fluctuated 1.31% from a day low at $19.40 to a day high of $19.65. The price has risen in 6 of the last 10 days and is up by 1.88% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -1 million shares and in total, 657 thousand shares were bought and sold for approximately $12.82 million.

The stock lies in the middle of a narrow and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 2.05% during the next 3 months and, with a 90% probability hold a price between $19.56 and $20.30 at the end of this 3-month period.

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EQC Signals & Forecast

The Equity Commonwealth stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $19.36 and $19.29. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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 Monday, July 22, 2024, and so far it has fallen -0.459%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. The stock had a Golden Star Signal on Friday, July 12, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Friday, July 12, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Sell
Special Signal Notification

Double Top Formation

Double Top Formation A sell signal from a double top formation was found on Monday, July 22, 2024 and based on theory for this formation the price should fall by -3.94% to $18.74 within 44 trading days (Monday, September 23, 2024) since signal was issued.

Support, Risk & Stop-loss for Equity Commonwealth stock

Equity Commonwealth finds support from accumulated volume at $19.31 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 $0.255 between high and low, or 1.31%. For the last week the stock has had daily average volatility of 2.75%.

Our recommended stop-loss: $18.75 (-3.91%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 30 days ago.)

Trading Expectations (EQC) For The Upcoming Trading Day Of Wednesday 24th

For the upcoming trading day on Wednesday, 24th we expect Equity Commonwealth to open at $19.52, and during the day (based on 14 day Average True Range), to move between $19.20 and $19.82, which gives a possible trading interval of +/-$0.313 (+/-1.60%) up or down from last closing price. If Equity Commonwealth takes out the full calculated possible swing range there will be an estimated 3.21% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $19.55 (0.21%) than the support at $19.31 (1.03%), 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.

Earnings coming up

Equity Commonwealth will release earnings AMC on Tuesday, July 30, 2024. We will update the financials statements for Equity Commonwealth, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 1.48% in the first trading day after earnings release.

Is Equity Commonwealth stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Equity Commonwealth stock to perform well in the short-term.

Current score: 1.519 Buy Candidate Unchanged

Predicted Opening Price for Equity Commonwealth of Wednesday, July 24, 2024

Fair opening price July 24, 2024 Current price
$19.52 ( 0.0427%) $19.51

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
R3 19.77 1.35%
R2 19.68 0.85%
R1 19.62 0.542%
Price 19.51
S1 19.42 -0.457%
S2 19.36 -0.765%
S3 19.26 -1.26%

Accumulated Volume Support & Resistance Levels

Level Price
R3 19.60 0.461%
R2 19.56 0.256%
R1 19.55 0.205%
Price 19.51
S1 19.31 -1.03%
S2 19.19 -1.64%
S3 19.15 -1.85%

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?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Equity Commonwealth stock to perform well in the short-term.

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 Jul 23, 2024, the price of an Equity Commonwealth (EQC) share was $19.51.

What is the 52-week high and low for Equity Commonwealth Stock?
The 52-week high for Equity Commonwealth Stock is $21.00 and the 52-week low is $17.93.

What is the market capitalization of Equity Commonwealth Stock?
As of the Jul 23, 2024, the market capitalization of Equity Commonwealth is 2.103B.

When is the next earnings date for Equity Commonwealth?
The upcoming earnings date for Equity Commonwealth is Jul 30, 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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