EMPIRE STATE REALTY TRUST-A (ESRT) Stock Technical Analysis
NYSE:ESRT - New York Stock Exchange, Inc. - US2921041065 - REIT - Currency: USD
Taking everything into account, ESRT scores 0 out of 10 in our technical rating. ESRT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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: 87% of all stocks are doing better.
ESRT is one of the lesser performing stocks in the Diversified REITs industry. 82% of 130 stocks in the same industry do better.
ESRT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
ESRT is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
ESRT has an average volume of 2036530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, ESRT does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
6.89
8.02
We found 2 important support areas.
- Support @7.17 from a trend line in the daily time frame.
- A support zone ranging from 6.96 to 7.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 7.31 to 7.41. 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 7.53 to 7.53. 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 7.88 to 7.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 13.1 | NEGATIVE | ESRT has a low relative strength, it was outperformed by 86.9% 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) | 38.19 | NEUTRAL | The RSI value for ESRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ESRT has a negative trend. |
| Stochastics (14,3) | 30.95 | NEUTRAL | The Stochastics value for ESRT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for ESRT suggests some volalility. |
| Average Directional Index/ADX (14) | 23.8 | NEUTRAL | The ADX value for ESRT suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
7.18
-0.2 (-2.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-2.71%
1 Week0.42%
2 Weeks-3.49%
1 Month-12.44%
3 Month-1.91%
6 Month-25.6%
12 Month-30.9%
2 Year-17.75%
3 Year3.01%
5 Year13.97%
10 Year-55.71%
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%3.24%
ATR Inc13.95%
Range Today0.21
ADR(20)0.22
ADR(20)%3.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.1
Mansfield-2.84
10 Day High7.63
10 Day Low7.1
20 Day High8.27
20 Day Low7.1
52 Week High11.62
52 Week Low6.56
CS1 End7.17
CR1 Start7.31
Volume & EV
DER(3)-0.51%
DER(5)0.2%
Volume1.36M
Volume Incr-1.14%
Vol(5)1.90M
Vol(50)2.04M