EQR Makes Bullish Cross Above Critical Moving Average

In trading on Thursday, shares of Equity Residential (EQR) crossed above their 200 day moving average of $54.79, changing hands as high as $54.96 per share. Equity Residential shares are currently trading up about 1.5% on the day. The chart below shows the one year performance of EQR shares, versus its 200 day moving average:

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Equity Residential 200 Day Moving Average Chart

Looking at the chart above, EQR's low point in its 52 week range is $50.08 per share, with $60.97 as the 52 week high point — that compares with a last trade of $54.78.

According to the ETF Finder at ETF Channel, EQR makes up 9.45% of the iShares Residential Real Estate Capped ETF ( REZ) which is trading up by about 1.2% on the day Thursday.

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