USA - NYSE:EPRT - US29670E1073 - REIT
Taking everything into account, EPRT scores 2 out of 10 in our technical rating. EPRT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, EPRT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 30.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 30.48, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EPRT in the last couple of days, which is a good sign.
28.91
When analyzing the support we notice one important area.
4 important resistance areas can be observed.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for EPRT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EPRT is neutral. |
| ChartMill Relative Strength | 32.49 | NEUTRAL | EPRT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EPRT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of EPRT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EPRT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.68 | NEUTRAL | The RSI value for EPRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests EPRT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.09 | NEUTRAL | The Stochastics value for EPRT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.2 | MEDIUM VOLATILITY | The ATR as a percentage value for EPRT suggests some volalility. |
| Average Directional Index/ADX (14) | 23.47 | NEUTRAL | The ADX value for EPRT suggests a possible start of a new trend. |
30.55
+0.71 (+2.38%)
ChartMill assigns a technical rating of 2 / 10 to EPRT.
The current trend direction for ESSENTIAL PROPERTIES REALTY (EPRT) is Bearish.
ESSENTIAL PROPERTIES REALTY (EPRT) has an RSI value of 53.6849. This indicates that the stock is currently neutral.
The MACD indicator for ESSENTIAL PROPERTIES REALTY (EPRT) has a value of -0.0809925, indicating a bearish trend.
The short term momentum for ESSENTIAL PROPERTIES REALTY (EPRT) is neutral.