EMPIRE STATE REALTY TRUST-A (ESRT) Stock Technical Analysis
NYSE:ESRT - New York Stock Exchange, Inc. - US2921041065 - REIT - Currency: USD
Overall ESRT gets a technical rating of 2 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
82% of all other stocks performed better in the past year than ESRT.
ESRT is one of the lesser performing stocks in the Diversified REITs industry. 71% 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 has an average volume of 1788190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ESRT has a been trading in the 7.46 - 8.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ESRT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 7.81, a Stop Loss order could be placed below this zone.
More info and screens
7.73
8.81
We found 1 important support area.
- Support @7.81 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 7.97 to 8.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.55 to 8.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.72 from a horizontal line in the daily time frame.
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 | 18.94 | NEGATIVE | ESRT has a low relative strength, it was outperformed by 81.06% 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) | UP | MIXED | The current price of ESRT is below the rising 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) | 45.37 | NEUTRAL | The RSI value for ESRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ESRT has a negative trend. |
| Stochastics (14,3) | 59.78 | NEUTRAL | The Stochastics value for ESRT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.37 | MEDIUM VOLATILITY | The ATR as a percentage value for ESRT suggests some volalility. |
| Average Directional Index/ADX (14) | 14.89 | NEGATIVE | The low ADX value for ESRT suggests a weak or negative 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)
7.97
-0.28 (-3.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-3.39%
1 Week-1.85%
2 Weeks-1.48%
1 Month-6.89%
3 Month12.1%
6 Month-17.24%
12 Month-25.09%
2 Year-10.95%
3 Year-6.57%
5 Year20.76%
10 Year-55.17%
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%3.37%
ATR Inc-11.88%
Range Today0.37
ADR(20)0.25
ADR(20)%3.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.94
Mansfield-2.1
10 Day High8.39
10 Day Low7.89
20 Day High8.76
20 Day Low7.47
52 Week High11.62
52 Week Low6.56
CS1 End7.81
CR1 Start7.97
Volume & EV
DER(3)1.29%
DER(5)0.53%
Volume3.06M
Volume Incr-29.86%
Vol(5)1.65M
Vol(50)1.79M