ESSEX PROPERTY TRUST INC (ESS)       238.35  -2.63 (-1.09%)

238.35  -2.63 (-1.09%)

US2971781057 - REIT - After market: 238.35 0 (0%)

Technical Rating

0

Taking everything into account, ESS scores 0 out of 10 in our technical rating. ESS'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.



ESS is an average performer in the Equity Real Estate Investment Trusts (REITs) industry, it outperforms 49% of 219 stocks in the same industry.
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, ESS is a bad performer in the overall market: 61% of all stocks are doing better.
ESS is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index however is also trading in the lower part of its yearly range, so it may just be a bad time for stocks in general.
In the last month ESS has a been trading in the 237.89 - 280.52 range, which is quite wide. It is currently trading near the lows of this range.

Statistics

1 Month 3 Months 6 Months 12 Months -11.86% -10.64% -32.57% -26.92% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 39.6 237.89 - 363.36
ESS Weekly chart
ESS Daily chart

Support/Resistance Analysis


235.97

360.20
We can see 4 important resistance areas.
  • A resistance zone ranging from 266.10 to 268.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 273.74 to 276.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @347.42 from a horizontal line in the weekly time frame.
  • Resistance @356.63 from a horizontal line in the daily time frame.

Setup Analysis

Setup Rating

3

The technical rating of ESS 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.


ESS Daily chart

ESSEX PROPERTY TRUST INC238.35

NYSE:ESS (9/27/2022, 3:15:00 PM)-2.63 (-1.09%)

After market: 238.35 0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Real Estate
GICS Industry Equity Real Estate Investment Trusts (REITs)
Performance
Today -1.09% 1 Week -5.08%
2 Weeks -11.1% 1 Month -11.86%
3 Month -10.64% 6 Month -32.57%
Volatility
ATR(14) 6.77 ATR(20)% 2.66%
ATR Inc 31.78% Range Today 6.28
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 39.6 Mansfield -0.99
10 Day High 267.09 10 Day Low 237.89
20 Day High 280.52 20 Day Low 237.89
52 Week High 363.36 52 Week Low 237.89
CS1 End N/A CR1 Start 267.22
Volume & EV
DER(3) -0.07% DER(5) -1.15%
Volume 351.41K Volume Incr -0.91%
Vol(5) 364.46K Vol(50) 382.06K

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