EMPIRE STATE REALTY OP LP-ES (ESBA) Technical Analysis
NYSEARCA:ESBA • US2921021000
Current stock price
ESBA Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to ESBA. ESBA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, ESBA is a bad performer in the overall market: 89% of all stocks are doing better.
- ESBA is part of the Diversified REITs industry. There are 123 other stocks in this industry, of which 87% are performing better than ESBA.
- ESBA is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so ESBA is lagging the market.
- In the last month ESBA has a been trading in the 4.80 - 6.09 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: ESBA has an average volume of 10516 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Considerably lower volume is observed in the last couple of days.
ESBA Weekly and Daily overview Charts
ESBA Setup Rating and Analysis
The technical rating of ESBA is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
ESBA Support and Resistance Analysis
4.83
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 5.18 to 5.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 5.95 to 6.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.32 from a trend line in the daily time frame.
- Resistance @6.45 from a trend line in the weekly time frame.
- Resistance @6.92 from a horizontal line in the daily time frame.
ESBA Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for ESBA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ESBA is down. |
| ChartMill Relative Strength | 11.18 | NEGATIVE | ESBA has a low relative strength, it was outperformed by 88.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ESBA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ESBA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ESBA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.95 | NEUTRAL | The RSI value for ESBA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ESBA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.09 | OVERSOLD | The low Stochastics value suggests ESBA may be oversold. |
| Average True Range in percent/ATR (20) | 5.04 | HIGH VOLATILITY | The high ATR as a percentage value for ESBA suggests high volalility. |
| Average Directional Index/ADX (14) | 34.42 | POSITIVE | The high ADX value value for ESBA suggests a strong trend. |
ESBA Chart- and CandleStick Pattern Analysis
ESBA Technicals: Chart, Performance Metrics, Trend & Indicators
4.88
-0.07 (-1.41%)
EMPIRE STATE REALTY OP LP-ES / ESBA TA FAQ
What is the technical rating for ESBA stock?
ChartMill assigns a technical rating of 0 / 10 to ESBA.
What is the trend direction for ESBA stock?
The current trend direction for EMPIRE STATE REALTY OP LP-ES (ESBA) is Bearish.
What is the RSI signal for EMPIRE STATE REALTY OP LP-ES (ESBA) stock?
EMPIRE STATE REALTY OP LP-ES (ESBA) has an RSI value of 31.9525. This indicates that the stock is currently neutral.
What is the short term momentum for ESBA stock?
The short term momentum for EMPIRE STATE REALTY OP LP-ES (ESBA) is negative.
What is the buy/sell signal for ESBA stock?
The buy/sell signal for EMPIRE STATE REALTY OP LP-ES (ESBA) is sell as both the short term and long term trends are negative.