Equinix Inc (EQIX): Price Now Near $714.26; Daily Chart Shows An Uptrend on 50 Day Basis

The Hourly View for EQIX

At the moment, EQIX (Get Ratings)’s price is up $0.69 (0.1%) from the hour prior. This move is a reversal from the hour prior, which saw price move down. Regarding the trend, note that the strongest trend exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Out of Trading stocks, EQIX ranks 234th in regards to today’s price percentage change.

EQIX’s Technical Outlook on the Daily Chart

At the moment, EQIX’s price is down $-5.25 (-0.73%) from the day prior. It’s been a feast for bears operating on the daily timeframe, as EQIX has now gone down 4 of the past 5 days. As for the trend on the daily timeframe, we see the clearest trend on the 50 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The chart below shows EQIX’s price action over the past 90 days.

EQIX

Want More Great Investing Ideas?

9 “MUST OWN” Growth Stocks for 2021

5 WINNING Stock Chart Patterns

7 Best ETFs for the NEXT Bull Market