EXR is showing a classic Ascending Triangle. Don't miss the move.
Bullish continuation pattern.
Gradual reversal from bearish to bullish.
Sideways movement between parallel supports.
Technical analysis of Extra Space Storage (EXR) reveals a significant setup. The stock is trading at $143.57, up 0.93% on the day. The primary technical feature is a Rounding Bottom formation. Volume is strong (1.25x avg) with moderate trend strength (6.5). A potential breakout level is identified at $147.25, targeting $166.85 with support near $137.45 (R:R 2.0).
What is your outlook on EXR?