EQUINIX INC.
EQUINIX INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: EQIX
ISIN:

EQUINIX INC. - Daily - Technical analysis published on 11/07/2023 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 743.63 USD
My targets
792.49 USD (+4.19%)
816.57 USD (+7.35%)
My analysis
The strong short-term increase for EQUINIX INC. reinforces the current slightly bullish trend. As long as the price remains above 743.63 USD, you could take advantage of this bullish acceleration. The first bullish objective is located at 792.49 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 816.57 USD as an objective. Crossing it would then enable buyers to target 851.56 USD. A return to 743.63 USD would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
4.6

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

EQUINIX INC. rating 760.65 USD. The price is lower by -0.14% since the last closing and was between 755.28 USD and 764.18 USD. This implies that the price is at +0.71% from its lowest and at -0.46% from its highest.

755.28
764.18
760.65

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of EQUINIX INC. indicates that the overall trend is slightly bullish. 53.57% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : Daily


Bearish trend reversal : Moving Average 100

Type : Bearish

Timeframe : Daily



The probability of a further increase is high given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 696.88 714.14 743.63 760.65 768.38 792.49 816.57
Change (%) -8.38% -6.11% -2.24% - +1.02% +4.19% +7.35%
Change -63.77 -46.51 -17.02 - +7.73 +31.84 +55.92
Level Intermediate Minor Major - Minor Minor Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard737.94746.35754.03762.44770.12778.53786.21
Camarilla757.30758.77760.25761.72763.20764.67766.15
Woodie737.59746.17753.68762.26769.77778.35785.86
Fibonacci746.35752.49756.29762.44768.58772.38778.53


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard648.79678.33724.54754.08800.29829.83876.04
Camarilla749.93756.87763.82770.76777.70784.65791.59
Woodie657.14682.50732.89758.25808.64834.00884.39
Fibonacci678.33707.26725.14754.08783.01800.89829.83


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard606.31642.05685.85721.59765.39801.13844.93
Camarilla707.77715.06722.35729.64736.93744.22751.51
Woodie610.33644.07689.87723.61769.41803.15848.95
Fibonacci642.05672.44691.21721.59751.98770.75801.13

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 58.55
MACD (12,26,9): 5.4000
Directional Movement: 8.77
AROON (14): 50.00
DEMA (21): 739.80
Parabolic SAR (0,02-0,02-0,2): 694.44
Elder Ray (13): 19.35
Super Trend (3,10): 715.25
Zig ZAG (10): 759.93
VORTEX (21): 1.0200
Stochastique (14,3,5): 81.60
TEMA (21): 751.45
Williams %R (14): -22.65
Chande Momentum Oscillator (20): 54.18
Repulse (5,40,3): -0.2300
ROCnROLL: 1
TRIX (15,9): -0.0500
Courbe Coppock: 4.60
MA7: 748.50
MA20: 731.63
MA50: 742.51
MA100: 759.82
MAexp7: 749.98
MAexp20: 736.58
MAexp50: 740.45
MAexp100: 743.06
Price / MA7: +1.62%
Price / MA20: +3.97%
Price / MA50: +2.44%
Price / MA100: +0.11%
Price / MAexp7: +1.42%
Price / MAexp20: +3.27%
Price / MAexp50: +2.73%
Price / MAexp100: +2.37%

Quotes : - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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