USA - NYSE:ESRT - US2921041065 - REIT
We assign a technical rating of 1 out of 10 to ESRT. 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.
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 a support zone below the current price at 7.21, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ESRT in the last couple of days, which is a good sign.
6.96
We found 1 important support area.
We can see 2 important resistance areas.
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 | NEUTRAL | NEUTRAL | The short term trend for ESRT is neutral. |
| ChartMill Relative Strength | 16.44 | NEGATIVE | ESRT has a low relative strength, it was outperformed by 83.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ESRT is below the rising 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) | 44.84 | NEUTRAL | The RSI value for ESRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ESRT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.34 | NEUTRAL | The Stochastics value for ESRT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.44 | MEDIUM VOLATILITY | The ATR as a percentage value for ESRT suggests some volalility. |
| Average Directional Index/ADX (14) | 17.09 | NEGATIVE | The low ADX value for ESRT suggests a weak or negative trend. |
7.32
-0.13 (-1.74%)
ChartMill assigns a technical rating of 1 / 10 to ESRT.
The current trend direction for EMPIRE STATE REALTY TRUST-A (ESRT) is Bearish.
EMPIRE STATE REALTY TRUST-A (ESRT) has an RSI value of 44.8425. This indicates that the stock is currently neutral.
The MACD indicator for EMPIRE STATE REALTY TRUST-A (ESRT) has a value of -0.0233771, indicating a bearish trend.
The short term momentum for EMPIRE STATE REALTY TRUST-A (ESRT) is neutral.