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Weaker Stock
Today EQIX ranks #10764 as hold candidate. Get a Free Stock at Robinhood
Stronger Stock

$814.46 (0.20%)

Volume: 320k

Closed: Dec 08, 2021

Hollow Logo Score: 0.197

Equinix Stock Forecast

$814.46 (0.20%)

Volume: 320k

Closed: Dec 08, 2021

Score Hollow Logo 0.197
Which way will EQIX go? Request
Stop-loss: $768.41 (-5.65%)
Key Stats
P/E Ratio 171.04
Beta 0.5
Trailing Dividend Rate 1.4% ($11.42)
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] RSI14 is 57 and the stock is currently not being overbought or oversold

Equinix stock price up 0.2% on Wednesday
(Updated on Dec 08, 2021)


Hold candidate since 2021-12-07 Gain 0.20%

The Equinix stock price gained 0.20% on the last trading day (Wednesday, 8th Dec 2021), rising from $812.86 to $814.46. , and has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 1.65% from a day low at $802.41 to a day high of $815.62. The price has been going up and down for this period, and there has been a 4.5% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 13 thousand more shares were traded than the day before. In total, 320 thousand shares were bought and sold for approximately $260.61 million.

The stock lies the upper part of a wide and 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 $832.53 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 -3.84% during the next 3 months and, with a 90% probability hold a price between $700.41 and $800.56 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.

Signals & Forecast

The Equinix stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $804.58 and $804.80. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, November 11, 2021, and so far it has risen 5.14%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss

Equinix finds support from accumulated volume at $812.20 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 $13.21 between high and low, or 1.65%. For the last week the stock has had a daily average volatility of 2.01%.

Our recommended stop-loss: $768.41 (-5.65%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 18 days ago.)

Is Equinix stock A Buy?

Equinix 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.

Current score: 0.197

Predicted Opening Price for Equinix of Thursday, December 9, 2021

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

Fair opening price December 9, 2021 Current price
$810.83 $814.46 (Overvalued)
Hold/Accumulate Unchanged

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Analyst Ratings

On Nov 18, 2021 "BMO Capital Markets" gave "$874.00" rating for EQIX. The price target was changed from $794.91 to 0.4%.

Volatility and Risk
Daily Average Volatility: 2.01 %
Overall Risk: Very High High Medium Low Very Low
Volatility
2.01 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $848.01
Price: $814.46
Support: $812.20

EQIX Insider Trading Show all Trades

INSIDER POWER

0.295

Last 100 transactions
Buy: 13 278 | Sell: 45 083 (Shares)
Date Action Amount Person Type
Nov 17, 2021 Sell 250 Van Camp Peter Common Stock
Nov 16, 2021 Sell 75 Paisley Christopher B Common Stock
Nov 08, 2021 Sell 143 Morandi Brandi Galvin Common Stock
Sep 11, 2021 Buy 209 Guerrier Ron Restricted Stock Unit
Sep 07, 2021 Sell 100 Meyers Charles J Common Stock
Show all Insider Trades
INSIDER POWER

0.295

Last 100 transactions
Buy: 13 278 | Sell: 45 083 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 824.04 1.18 %
818.99 0.56 %
815.88 0.17 %
Current price: 814.46
Support 805.78 -1.07 %
802.67 -1.45 %
797.62 -2.07 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 872.58 7.14 %
850.23 4.39 %
848.01 4.12 %
Current price 814.46
Support 812.20 -0.28%
803.45 -1.35%
793.84 -2.53%

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About Equinix

Equinix Equinix, Inc. is a publicly owned real estate investment trust. It provides data center services to protect and connect the information assets for the enterprises, financial services companies, and content and network providers primarily in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company provides colocation services and related offerings, including operations space, storage space, cabinets, and power for customers... Read more

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