ESSEX PROPERTY TRUST INC (ESS)

US2971781057 - REIT

280.61  +3.64 (+1.31%)

After market: 280.61 0 (0%)

Technical Rating and Analysis

1

Taking everything into account, ESS scores 1 out of 10 in our technical rating. ESS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month ESS has a been trading in the 275.60 - 303.49 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.
ESS is one of the better performing stocks in the Residential REITs industry, it outperforms 84% of 20 stocks in the same industry.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, ESS outperforms 68% of them, which is more or less in line with the market.
ESS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ESS is lagging the market slightly.
Weekly and Daily overview Charts
ESS Weekly chart
ESS Daily chart
Setup Rating and Analysis

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.

Support and Resistance Analysis

198.76

318.31

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 276.96 to 276.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @268.33 from a trend line in the weekly time frame.
  • Support @216.70 from a trend line in the weekly time frame.
  • Support @200.77 from a horizontal line in the weekly time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 288.56 to 292.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 297.45 to 298.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 314.06 to 315.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.39
Mansfield-0.11
10 Day High303.49
10 Day Low275.6
20 Day High303.49
20 Day Low275.6
52 Week High317.73
52 Week Low204.64
Performance
1 Week-6.36%
2 Weeks-3.69%
1 Month-2.54%
3 Month-0.72%
6 Month8.36%
12 Month33.21%
2 Year27.33%
3 Year-17.33%
5 Year-10.11%
10 Year38.63%
15 Year251.86%
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)
Technical Indicators
MACD(12,26,9)-1.63
RSI(14)37.86
LBB278.62
UBB307.65
ESS Daily chart

ESSEX PROPERTY TRUST INC

NYSE:ESS (11/4/2024, 8:05:50 PM)

After market: 280.61 0 (0%)

280.61

+3.64 (+1.31%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg1.31%
1 Week-6.36%
2 Weeks-3.69%
1 Month-2.54%
3 Month-0.72%
6 Month8.36%
12 Month33.21%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)6.03
ATR(20)%2.03%
ATR Inc
Range Today5.11
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High303.49
10 Day Low275.6
20 Day High303.49
20 Day Low275.6
52 Week High317.73
52 Week Low204.64
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume361.40K
Volume Incr44.06%
Vol(5)450.82K
Vol(50)386.78K