| Equity Residential is a real estate investment trust. Co. is focused on the acquisition, development and management of residential properties. Co. is the general partner of and owns an ownership interest in its subsidiary, ERP Operating Limited Partnership (ERPOP). All of Co.'s property ownership, development and related business operations are conducted through ERPOP and those entities/subsidiaries owned or controlled by ERPOP (collectively, Operating Partnership) and it has no material assets or liabilities other than its investment in ERPOP. The Operating Partnership holds substantially all of the assets of Co., including its ownership interests in its joint ventures. |
When researching a stock like Equity Residential, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from EQR Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for EQR stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the EQR 200 day moving average ("EQR 200 DMA"), while one of the most popular "shorter look-backs" is the EQR 50 day moving average ("EQR 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Equity Residential. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the EQR 200 DMA and the EQR 50 DMA, we get a moving average convergence divergence indicator ("EQR MACD"). The EQR MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart).