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REIT - Residential Industry Stocks Technical Analysis - ESSArchive
- 9/4/2026 -
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Essex Property Trust Inc (ESS) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :
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| | It was the negative week for the Essex Property Trust Inc (ESS). During the week, the ESS dropped -5.42 points, or -1.91%, and closed at 278.61 on Friday, September 4, 2026. It was the worst weekly loss since July 31, 2026. Weekly volume was 36% above average.
ESS is a member of Real Estate Sector. Real Estate is the second most oversold sector. ESS is a member of REIT - Residential Industry. REIT - Residential is the tenth most oversold industry. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See ESS long-term trend chart]
A long-term downtrend had started on September 17, 2024 at 317.73 and reached 238.46 on March 27, 2026. ESS lost 79.27 points, or 24.95%, in 79 weeks. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 227.67 and resistance is at 311.55. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge pattern in a long-term trend.
 Medium-term trend: [See ESS medium-term trend chart]
A medium-term uptrend had started on March 27, 2026 at 238.46 and reached 303.35 on July 7, 2026. ESS gained -64.89 points, or -27.21%, in 14 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (291.20) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. ESS may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
 Weekly Technical Indicators: [See ESS weekly technical indicators chart]
Weekly technical indicators are neutral.
During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. Use the following link to access a MACD help.
 Short-term trend: [See ESS short-term trend chart]
A short-term downtrend had started on August 24, 2026 at 294.72 and reached 275.00 on September 2, 2026. ESS lost 19.72 points, or 6.69%, in 9 days. The price is now at the 18.31% retracement level.
 Daily Technical Indicators: [See ESS daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. Daily MACD has bullish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The daily MACD line is below its signal line since August 27, 2026. This is an indication that the short-term trend is down.
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