EMPIRE STATE REALTY TRUST-A (ESRT) Technical Analysis
NYSE:ESRT • US2921041065
Current stock price
ESRT Technical Rating and Analysis
Overall ESRT gets a technical rating of 0 out of 10. ESRT'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, ESRT is a bad performer in the overall market: 88% of all stocks are doing better.
- ESRT is one of the lesser performing stocks in the Diversified REITs industry. 83% of 122 stocks in the same industry do better.
- ESRT is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ESRT is lagging the market.
- In the last month ESRT has a been trading in the 4.87 - 5.82 range, which is quite wide. It is currently trading near the lows of this range.
- ESRT has an average volume of 1684510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ESRT Weekly and Daily overview Charts
ESRT Setup Rating and Analysis
Although the technical rating is bad, ESRT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for ESRT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
ESRT Support and Resistance Analysis
5.05
4 important resistance areas can be observed.
- Resistance @6.10 from a trend line in the weekly time frame.
- A resistance zone ranging from 6.27 to 6.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.63 from a trend line in the daily time frame.
- Resistance @7.94 from a horizontal line in the daily time frame.
ESRT 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 ESRT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ESRT is down. |
| ChartMill Relative Strength | 12.86 | NEGATIVE | ESRT has a low relative strength, it was outperformed by 87.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ESRT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ESRT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ESRT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.44 | NEUTRAL | The RSI value for ESRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ESRT has a positive trend. |
| Stochastics (14,3) | 21.45 | NEUTRAL | The Stochastics value for ESRT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.12 | MEDIUM VOLATILITY | The ATR as a percentage value for ESRT suggests some volalility. |
| Average Directional Index/ADX (14) | 47.98 | POSITIVE | The high ADX value value for ESRT suggests a strong trend. |
ESRT Chart- and CandleStick Pattern Analysis
ESRT Technicals: Chart, Performance Metrics, Trend & Indicators
5.1
+0.14 (+2.82%)
EMPIRE STATE REALTY TRUST-A / ESRT TA FAQ
Can you provide the ChartMill technical rating for EMPIRE STATE REALTY TRUST-A?
ChartMill assigns a technical rating of 0 / 10 to ESRT.
What is the trend direction for ESRT stock?
The current trend direction for EMPIRE STATE REALTY TRUST-A (ESRT) is Bearish.
What is the RSI signal for ESRT stock?
EMPIRE STATE REALTY TRUST-A (ESRT) has an RSI value of 34.439. This indicates that the stock is currently neutral.
Can you provide the short term momentum for EMPIRE STATE REALTY TRUST-A?
The short term momentum for EMPIRE STATE REALTY TRUST-A (ESRT) is negative.
What are the support and resistance levels for EMPIRE STATE REALTY TRUST-A (ESRT) stock?
EMPIRE STATE REALTY TRUST-A (ESRT) has a resistance level at 6.1. Check the full technical report for our detailed analysis of ESRT support and resistance levels.