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 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.
- 89% of all other stocks performed better in the past year than ESRT.
- ESRT is part of the Diversified REITs industry. There are 123 other stocks in this industry, of which 86% are performing better than ESRT.
- ESRT 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 ESRT is lagging the market.
- In the last month ESRT has a been trading in the 5.14 - 6.67 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- ESRT has an average volume of 1660420 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
The technical rating of ESRT 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
ESRT Support and Resistance Analysis
5.13
We can see 4 important resistance areas.
- A resistance zone ranging from 6.45 to 6.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.69 from a trend line in the daily time frame.
- Resistance @7.30 from a trend line in the weekly 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 | 11.35 | NEGATIVE | ESRT has a low relative strength, it was outperformed by 88.65% 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) | 23.57 | OVERSOLD | The low RSI value suggests ESRT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ESRT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.21 | OVERSOLD | The low Stochastics value suggests ESRT may be oversold. |
| Average True Range in percent/ATR (20) | 3.92 | MEDIUM VOLATILITY | The ATR as a percentage value for ESRT suggests some volalility. |
| Average Directional Index/ADX (14) | 37.73 | 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
5.18
-0.09 (-1.71%)
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 23.5685. This indicates that the stock is currently oversold.
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 6.45. Check the full technical report for our detailed analysis of ESRT support and resistance levels.