ESSEX PROPERTY TRUST INC (ESS) Stock Technical Analysis
NYSE:ESS - New York Stock Exchange, Inc. - US2971781057 - REIT - Currency: USD
Overall ESS gets a technical rating of 2 out of 10. Although ESS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
ESS is one of the better performing stocks in the Residential REITs industry, it outperforms 78% of 20 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that ESS is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
ESS is currently trading in the middle of its 52 week range. The S&P500 Index is currently trading in the lower part of its 52 week range, so ESS is still doing slightly better than the market.
In the last month ESS has a been trading in the 243.85 - 310.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ESS 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 resistance zone just above the current price starting at 284.33. Right above this resistance zone may be a good entry point.
More info and screens
260.84
318.30
When analyzing the support we notice one important area.
- Support @263.47 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 284.33 to 287.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 306.01 to 307.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 314.05 to 315.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.25
Mansfield0.4
10 Day High279.05
10 Day Low243.85
20 Day High310.1
20 Day Low243.85
52 Week High317.73
52 Week Low240.58
Performance
1 Week2.81%
2 Weeks-0.05%
1 Month-9.72%
3 Month-2.53%
6 Month-8.37%
12 Month9.71%
2 Year23.28%
3 Year-17.73%
5 Year10.98%
10 Year22.05%
15 Year155.99%
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)-0.69
RSI(14)41.01
LBB245.06
UBB306.02
270.89
-4.4 (-1.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg-1.6%
1 Week2.81%
2 Weeks-0.05%
1 Month-9.72%
3 Month-2.53%
6 Month-8.37%
12 Month9.71%
2 Year23.28%
3 Year-17.73%
5 Year10.98%
10 Year22.05%
15 Year155.99%
Volatility
ATR(14)13.08
ATR(20)%4.02%
ATR Inc-40.05%
Range Today7.5
ADR(20)10.49
ADR(20)%3.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.25
Mansfield0.4
10 Day High279.05
10 Day Low243.85
20 Day High310.1
20 Day Low243.85
52 Week High317.73
52 Week Low240.58
CS1 End263.47
CR1 Start284.33
Volume & EV
DER(3)-0.29%
DER(5)-2.91%
Volume253.50K
Volume Incr-5.91%
Vol(5)505.00K
Vol(50)494.15K