ESSEX PROPERTY TRUST INC (ESS) Technical Analysis
NYSE:ESS • US2971781057
Current stock price
ESS Technical Rating and Analysis
Taking everything into account, ESS scores 0 out of 10 in our technical rating. ESS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 78% of all other stocks performed better in the past year than ESS.
- ESS 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 ESS is lagging the market.
- In the last month ESS has a been trading in the 239.99 - 263.94 range, which is quite wide. It is currently trading near the lows of this range.
- ESS is an average performer in the Residential REITs industry, it outperforms 52% of 20 stocks in the same industry.
ESS Weekly and Daily overview Charts
ESS Setup Rating and Analysis
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.
More info and screens
ESS Support and Resistance Analysis
237.79
We can see 2 important resistance areas.
- A resistance zone ranging from 249.45 to 253.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 258.27 to 264.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
ESS 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 ESS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ESS is down. |
| ChartMill Relative Strength | 22.12 | NEGATIVE | ESS has a low relative strength, it was outperformed by 77.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ESS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ESS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ESS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.13 | NEUTRAL | The RSI value for ESS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.38 | NEGATIVE | The MACD value suggests ESS has a negative trend. |
| Stochastics (14,3) | 3.51 | OVERSOLD | The low Stochastics value suggests ESS may be oversold. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for ESS suggests some volalility. |
| Average Directional Index/ADX (14) | 19.09 | NEGATIVE | The low ADX value for ESS suggests a weak or negative trend. |
ESS Chart- and CandleStick Pattern Analysis
ESS Technicals: Chart, Performance Metrics, Trend & Indicators
240.19
-6.09 (-2.47%)
ESSEX PROPERTY TRUST INC / ESS TA FAQ
What is the technical rating for ESS stock?
ChartMill assigns a technical rating of 0 / 10 to ESS.
What is the trend direction for ESS stock?
The current trend direction for ESSEX PROPERTY TRUST INC (ESS) is Bearish.
What is the RSI signal for ESSEX PROPERTY TRUST INC (ESS) stock?
ESSEX PROPERTY TRUST INC (ESS) has an RSI value of 31.1323. This indicates that the stock is currently neutral.
What is the MACD signal for ESS stock?
The MACD indicator for ESSEX PROPERTY TRUST INC (ESS) has a value of -1.38471, indicating a bearish trend.
Can you provide the buy/sell signal for ESSEX PROPERTY TRUST INC?
The buy/sell signal for ESSEX PROPERTY TRUST INC (ESS) is sell as both the short term and long term trends are negative.