Equity Lifestyle Properties, Inc. | ELS

Daily Technical Analysis of Equity Lifestyle Properties, Inc.

Equity Lifestyle Properties hasn't moved too much today but is slightly down, it has lost -0.73% since yesterday.

The REITs company isn't at an immediate support or resistance level that might be predictive. Equity Lifestyle Properties hasn't established a very strong momentum in either direction over the last 3 months. We'll see if a stronger consensus among market participants emerges. ELS might find some support at the 67.64 level, buyers might push the price back up from here. But it's not very clear what will happen.

Last analyzed on 2024-03-17

Analyst Ratings for Equity Lifestyle Properties By Price Target And Rating

The analysts feel fairly neutral on the prospects for Equity Lifestyle Properties but a little more positive than negative. The current Analysts Sentiment Score is 13.67. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. On 2024-02-09 there was an upgrade provided by Wolfe Research from Peer Perform to Outperform and added a price target of $75.00. Royal Bank of Canada announced that they are reiterating a rating of Sector Perform on 2024-01-31 and added a price target of $70.00. On 2024-01-30 Deutsche Bank Aktiengesel started covering Equity Lifestyle Properties with a rating of Hold and added a price target of $64.00. Truist Financial decided to move down their price target on 2024-01-24 to $72.00 which is a -1.37% decrease. Bank of America released a downgrade on 2023-10-23 from Buy to Neutral and decided to decrease their price target by -8.57% down to $64.00. On 2023-10-10 Compass Point initiated their coverage and rated as Neutral and they set their price target at $65.00.Evercore ISI provided a price target decease of -4.29% to $67.00 from $70.00 on 2023-10-09. On 2023-09-05 Wells Fargo & Company downgraded Equity Lifestyle Properties from Overweight to Equal Weight and they set their price target at $70.50. Robert W. Baird provided a price target decease of -3.8% to $76.00 from $79.00 on 2023-07-19. On 2023-07-06 Barclays lowered their price target by -1.27% to $78.00.

Company	Ratings Score ? Composite analyst sentiment score	Positive Ratings	Negative Ratings	Boost Price Target	Lower Price Target
ELS	13.67	43.27	-20.29	12.21	-7.86

Earnings Per Share (EPS) Estimates By Year and Quarter

(updated 2024-04-12)

Company	YOY Growth Score (typical -20 to +20)	Revision Directions (-6 to +6)
ELS	0.00	0.00

Short interest for Equity Lifestyle Properties

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Company	Short Score (typical 1-15) ? We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)	Short Interest	Days to Cover	Rate of Change	Shares Short
ELS	4.72	%4.3	5.7	-10.626	7530000

How Equity Lifestyle Properties compares to the broader Real Estate sector and the more specific REITs industry

Segment	Count	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Demark Sell ? Demark 9 indicators are designed to look for exhaustion in the selling or buying trend which can often be predictive of a reversal point. This indicator is triggered when there are 9 consecutive days where the closing price is higher/lower than the closing price 4 days ago. Like all indicators, it is best used in combinations with other factors.	Demark Buy	Short Interest	Analysts Ratings ? We track several different measures of analyst sentiment including ratings and price targets. To create a composite Analyst Sentiment Score, we weight several factors such as the recent rate of change which can be more predictive than the absolute level. We also weight each analyst's opinion based on their historic accuracy. We built in a time decay function to ensure that the rating reflects the current sentiment levels. Typical range (-80 to +80)
REITs Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	138	-0.30	3.32	-3.46	-3.36	13.72	5.78	43.34	13.65	7.24	6.96	-11371.15	-5211.49	14.67	4.17	4.84	16.04
Real Estate Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	158	-0.21	3.34	-3.98	-4.75	13.09	5.18	43.40	13.43	6.54	7.18	-12899.15	-5712.78	12.82	4.59	4.86	17.07

Social Sentiment for Equity Lifestyle Properties

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.

Ticker	Social Sentiment(1-10)
ELS

Companies with the highest correlation to Equity Lifestyle Properties

Company	Score	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Demark Sell ? Demark 9 indicators are designed to look for exhaustion in the selling or buying trend which can often be predictive of a reversal point. This indicator is triggered when there are 9 consecutive days where the closing price is higher/lower than the closing price 4 days ago. Like all indicators, it is best used in combinations with other factors.	Short Interest Score
SUI \| Sun Communities, Inc	1.71	0.22	1.98	-4.75	-3.20	14.46	-13.30	45	4.03	7.39	4.03	-12377.68	-3543.21	0	2.03523
UDR \| UDR, Inc.	1.45	1.66	5.90	2.38	3.87	9.13	-7.27	45	-2.22	-2.39	-7.79	-24183.32	-1913.90	0	0.842944
INVH \| Invitation Homes Inc. Com	1.43	0.53	2.72	-1.69	3.72	10.29	5.99	59	5.84	4.61	3.34	-1880.38	-8483.71	0	2.97883
AMH \| AMERICAN HOMES 4 RENT	1.41	-0.08	1.54	-1.88	0.79	6.50	9.48	45	7.14	6.74	7.97	-2313.21	-9427.08	0	2.86288
AVB \| AvalonBay Communities, In	1.38	1.42	5.12	4.16	7.23	13.02	11.51	51	1.96	2.05	1.35	-3337.84	-3007.50	0	3.10518
ARE \| Alexandria Real Estate Eq	1.34	0.13	2.70	-6.29	-1.28	25.20	-0.74	43	5.42	10.72	9.37	-2632.58	-5433.41	0	4.58275
REXR \| REXFORD INDUSTRIAL REALTY	1.33	-2.72	-1.50	-14.72	-20.04	-2.14	-22.57	42	-0.41	-0.60	-0.72	-16265.62	-2227.62	100	5.74888
MAA \| Mid-America Apartment Com	1.31	0.71	3.03	-1.83	-1.21	-1.06	-13.15	43	-6.17	-12.08	-18.81	-1225.18	-1860.28	0	4.16765

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